VENTURE CAPITAL POST

To uphold its mission and responsibility to keep US safe from any food contamination and other diseases relative thereto, United States Food and Drug Administration (FDA) recently issued revised food safety standards for state regulatory programs that oversee food facilities that manufacture, process, pack, or hold foods. These regulatory program standards also known as the Manufactured Food Regulatory Program Standards (MFRPS),

McDonald's Japan (2702.T) has apologized to customers and vowed to ensure product safety after objects including a tooth and plastic were found recently in its food, the latest trouble for a fast-food chain hit by sliding sales and a shortage of french fries.

Wal-Mart Stores Inc said it has cut more than 20 mid-level jobs in China as part of its effort to lower costs in the world's second largest economy where it has been grappling with slower sales and tough price competition.

After global food safety scare, Danone SA unit plans to take legal action against New Zealand's Fonterra.

Shanghui International Holding Ltd. stated its key to success from acquiring Smithfield Food Inc.