Posted inBusiness

UPDATE 1-Smithfield CEO faces Senate heat over sale to China

[REUTERS] The head of Smithfield Foods on Wednesday faced tough questioning from U.S. lawmakers concerned the proposed sale of Virginia ham maker to Chinaโ€™s largest pork producer could hurt U.S. food safety and lead to higher prices for American consumers. โ€œI think to your constituents back home, itโ€™s the same old Smithfield,โ€ company President Larry […]

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