The North Carolina House of Representatives unanimously approved a bill on Wednesday prohibiting state-owned companies and hostile foreign nations like China from purchasing farms or any other land near a military installation. The 114-0 vote came amid mounting concern over national security after the Chinese spy balloon recently flew over the state’s military bases before…

Smithfield Foods Inc has agreed to pay $75 million to settle a lawsuit by consumers who accused the meat producer and several competitors of conspiring to inflate prices in the $20 billion-a-year U.S. pork market by limiting supply. A preliminary settlement in the antitrust case was filed on Tuesday night with the federal court in…

OMAHA, Neb.—Smithfield Foods will pay restaurants and caterers $42 million to settle a lawsuit that accused the giant meat producer of conspiring to inflate pork prices, which will likely only add to concerns about how the lack of competition in the industry affects meat prices. Lawyers began notifying companies affected by this latest settlement Tuesday….

The largest pork processor in the United States is abandoning California. It says it’s not worth doing business there anymore because of taxes and inflation. Luxury home sales see the biggest drop since 2020. Why? And what could it mean for some buyers? McDonald’s restaurants reopen in Russia, under a new name and Russian ownership….

China has been buying up agricultural lands in the United States for years, a trend that a U.S. lawmaker said must end in order to safeguard the American food supply chain. For this reason, Rep. Dan Newhouse (R-Wash.) introduced an amendment to the House’s fiscal 2022 agriculture appropriations bill (H.R.4356) in June. In a recent…

China has been buying up agricultural lands in the United States for years, a trend that a U.S. lawmaker said must end in order to safeguard the American food supply chain. For this reason, Rep. Dan Newhouse (R-Wash.) introduced an amendment to the House’s fiscal 2022 agriculture appropriations bill (H.R.4356) in June. In a recent…

China has been buying up agricultural land in the United States for years, a trend that a U.S. lawmaker said must end in order to safeguard the U.S. food supply chain. For this reason, Rep. Dan Newhouse (R-Wash.) introduced an amendment to the House’s fiscal year 2022 agriculture appropriations legislation (H.R.4356) in June. In a…