Month January 2024

Fourth-straight record high for S&P 500

Home » Fourth-straight record high for S&P 500 Source: Sosland Publishing Co. Recap for January 24 US equity indexes closed higher Wednesday, driven by strong performances from the so-called Magnificent Seven: Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla. Investors…

Illinois considering ingredient ban | Food Business News

SPRINGFIELD, ILL. – A bill making its way through the Illinois legislature would ban the manufacture, sale or distribution of products formulated with brominated vegetable oil, potassium bromate or red dye 3. The legislation is like a bill that was signed…

McCormick appoints Flowers’ exec to board

HUNT VALLEY, MD. — Terry S. Thomas, chief growth officer of Thomasville, Ga.-based Flowers Foods, Inc., has joined the board of directors of McCormick & Co. Thomas took on the role of chief growth officer in September 2023. In his…

Saco Foods acquires Solo Foods

MIDDLETON, WIS. — On the heels of private equity company Fengate Private Equity acquiring Saco Foods Holdings, LLC from Benford Capital Partners, Saco Foods has acquired Solo Foods LLC. Saco acquired Solo from Sokol and Co., a Chicago-based manufacturer of custom…

Slideshow: Flavors to watch in 2024

KANSAS CITY — The year ahead is full of possibilities, and the question on everyone’s mind is: What flavors will trend in 2024? From mindful indulgence to flavor fusions, there are several anticipated trends consumers will gravitate toward. In a…

Soybean futures move higher on technical buying

Home » Soybean futures move higher on technical buying Source: Sosland Publishing Co. Recap for January 23 Technical buying and short covering on the heels of last week’s descent to multi-year lows boosted soybean futures on Tuesday. Wheat posted narrow,…

Putting a positive spin on ‘processed’

CHICAGO — The search for nutrient-dense foods to feed a growing global population is at full throttle. A consensus view holds that better use must be made of what grows on land and in water and taking better care of…

Tech, finance stocks help DJIA to fresh record high close

Home » Tech, finance stocks help DJIA to fresh record high close Source: Sosland Publishing Co. Recap for January 22 Gains in shares of Microsoft and other technology behemoths, plus Goldman Sachs, pushed equity markets higher Monday, the Dow industrials…

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