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Nearly 30,000 Pounds of Argentine Beef Recalled in Florida, Texas on August 11
Corte Argentino USA recalls 29,628 pounds of Argentine beef in Florida and Texas after products bypassed mandatory import reinspection. No illnesses reported.
Mahomes, Kelce Called Out for Downplaying Steakhouse Role in Trademark Lawsuit
1587 Sneakers accuses Mahomes and Kelce of minimizing their role in 1587 Prime steakhouse to escape trademark lawsuit. Court filings show the duo claimed they lack control over the restaurant.
Dutch Bros Buys Salad and Go’s 70 Arizona, Nevada Locations for $105M
Salad and Go files Chapter 11 bankruptcy, closing 70 Arizona and Nevada locations. Dutch Bros acquires assets for $105 million and will convert sites to coffee shops.
H5N1 Bird Flu Reaches Victoria as Local Transmission Confirmed in South Australia
H5N1 bird flu confirmed in Victoria on July 30 after first detection in Western Australia in June. Local transmission confirmed in South Australia. Over 25 cases now across Australia.
New Zealand Rushes Bird Flu Biosecurity as H5N1 Spreads Across Tasman
New Zealand and Australia tighten bird flu biosecurity after H5N1 detections. NZ to vaccinate 300 endangered birds; industry must fund 40-45% of response costs under new agreement.
Cracker Barrel Sells Maple Street Biscuit Co. to Biscuit Belly, Closes 16 Locations July 23
Cracker Barrel sold Maple Street Biscuit Company to Biscuit Belly, closing 16 locations. The sale and a separate $77 million sale-leaseback deal aim to reduce debt and improve profitability.
Showa Holdings Faces Restructuring as Tokyo Court Approves Receivership on July 17
Showa Holdings (5103.T) enters restructuring after losing control of six subsidiaries and key corporate assets. Stock down 66% in one year. Tokyo court approves receivership petition July 17.
Hardee’s Franchisee Files Chapter 11 as 59 Stores Face Closure Risk
Hardee’s franchisee Superior Star files Chapter 11 bankruptcy on July 9, putting 59 stores at risk across 10 states due to a $7.04 million seller financing dispute and hidden liabilities from its 2023 acquisition.
FBI Probes Argentine Football Association Over $300M Money Laundering Allegations
FBI investigates Argentine Football Association for alleged money laundering involving $300 million in U.S. financial transfers. Investigation focuses on Miami-based company TourProdEnter LLC managing AFA’s commercial deals.