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December 23, 2008 9:19 PM

Food Roundup: FDA Scolds Coke, Wal-Mart Settles Suits, and More

By
Dan Mitchell
(MoneyWatch)  FDA 'Scolds' Coke Over Label Claim --The agency sent a warning letter to Coca-Cola about its Diet Coke Plus drink. The label says "Diet Coke with Vitamins and Minerals," but doesn't contain enough of either to justify the claim, the FDA says. [Source: AP]

Wal-Mart to Settle Suits --The world's largest grocer will pay up to $640 million to settle 63 suits that alleged employees were underpaid. A settlement would end the majority of employee lawsuits against it. [Source: Wall Street Journal]

Food Safety May Take a Back Seat --Despite all the outbreaks of foodborne illnesses, tainted imports and other problems, reforms at the FDA may take a while because Obama will be forced to spend time and attention elsewhere. The issue "will have to wait its turn," said Sen. Dick Durbin of Illinois. [Source: Los Angeles Times]

Grupo SOS completes Acquisition of Bertolli -- The company now owns the olive oil and vinegar business that had been owned by Unilever. The deal was announced in July. [Source: Food Business News]

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