Cargill Recalls Ground Beef After E. Coli Reports

Before you go, we thought you'd like these...
Before you go close icon
Agribusiness and trading giant Cargill recalled 8,500 pounds of ground beef late Friday that may contain E coli.

"The move came after three people, two in Maine and one in New York, were identified as becoming ill from a strain of E. coli," CNN said, citing a government statement. "The USDA says it believes certain BJ's Wholesale Club stores in Connecticut, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York and Virginia received the products," the news service added.

Cargill is one of the largest companies in the U.S., with annual revenue of $108 billion and net income of $2.6 billion. The recall is small enough, so far, that it is likely to have very little effect on the firm's profit. The Cargill news comes on the heels of the huge recall of more than half a billion eggs that have been infected with salmonella. The series of egg recalls began Aug. 13.
Read Full Story

Markets

S&P 500 2,348.45 4.43 0.19%
DJIA 20,661.30 -6.71 -0.03%
NASDAQ 5,821.64 27.82 0.48%
DAX 11,942.72 38.60 0.32%
NIKKEI 225 19,085.31 43.93 0.23%
HANG SENG 24,327.70 7.29 0.03%
USD (per EUR) 1.08 0.00 0.02%
USD (per CHF) 0.99 0.00 0.05%
JPY (per USD) 111.05 -0.32 -0.29%
GBP (per USD) 1.25 0.00 0.31%

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners