VegNews Daily

Tyson Foods Sees 43 Percent Fall in Net Income

The major meat purveyor faced a significant profit loss during its second quarter due to rising feed prices and dwindling demand.

Tyson Foods experienced more than a 40 percent decrease in net income in the first three months of 2013, falling from $166 in the first quarter of 2012 to $95. According Tyson CEO Donnie Smith, more consumers opted to buy the meat company’s less expensive chicken products, which was reflected in the company’s poor beef sales. He also noted that raised feed prices, a dwindling demand for prepared foods, and the disappearance of international markets also contributed to the second quarter financial shortfall.

 


Musical Meatless Monday Event Premieres in Baltimore

Live performers and plant-based lifestyle lecturers will be entertaining the public at an entirely meatless, musical dining experience.
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Eating Animals Increases Risk for Fatty Liver Disease

New research shows that diets high in animal products cause fat to build up in the liver, which can lead to cirrhosis in people who do not abuse alcohol.
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Unilever Adds More Vegan Mayo to Brand Portfolio

The food corporation acquires condiment brand Sir Kensington's—the makers of the first aquafaba-based commercial vegan product Fabanaise.
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LAUSD Dumps McDonald's to Benefit Kids' Health

The school district resolves to cancel McTeacher's Nights—where teachers sell junk food to students—citing that the promotional event goes against the district's nutritional policies.
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World's First 24-Hour Vegan Drive-Thru Debuts in June

Canada's Globally Local will serve vegan versions of Big Macs and Whoppers at its new late-night location.
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This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

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