Reuters — Beef Products Inc. has settled a closely watched defamation lawsuit against American Broadcasting Co. and its reporter Jim Avila, the meat processor said on Wednesday. BPI had claimed that ABC, a unit of Walt Disney Co., and Avila defamed the company by calling its ground-beef product “pink slime” and making errors and omissions […] Read more

Beef processor cuts deal with ABC in ‘pink slime’ defamation case

U.S. authorities raid Caterpillar’s Illinois facilities
Chicago | Reuters –– U.S. federal law enforcement officials searched three facilities of heavy machinery manufacturer Caterpillar on Thursday, prompting a sharp sell-off in the company’s stock. A spokeswoman for the U.S. Attorney Office for the Central District of Illinois, Sharon Paul, confirmed that federal law enforcement officials conducted searches at locations in Peoria, East […] Read more

Explosion leaves U.S. ready-made whipped cream in short supply
New York | Reuters — American sweet tooths may suffer this holiday season as a ready-made whipped cream shortage could leave such favorites as apple pie or a mug of hot chocolate without a little extra on top. The creamy dessert topping is in short supply after an August explosion at an Airgas Inc. facility […] Read more
Polar vortex redux? U.S. forecasters say it could hit next week
Chicago | Reuters –– Forecasters are sending chills down some spines with a prediction that much of the northern half of the U.S. could see frigid weather next week similar to life-threatening lows the polar vortex brought to parts of the country in 2014. Anticipation of a freezing blast began to build this week when […] Read more