Ralph D. Crowley, chairman of the Board of the American Beverage Association (ABA), announced appointment of Susan Neely, former assistant secretary (Public Affairs) for the U.S. Department of Homeland Security, as president of the association.
Cargill Limited and Better Beef Limited announced that the two companies have reached an agreement for Cargill to purchase beef processing and related assets operated by Better Beef Limited.
U.S. and European Union negotiators have concluded a new agreement that replaces the margin of preference trade concession that the EU provided to the U.S. in the Uruguay Round of the old General Agreement on Tariffs and Trade.