Monsanto said it hoped to sell its dairy hormone business, a move that comes after many grocery chains across the U.S. have rejected hormones amid questions about safety.

Europe’s Food Safety Authority pulled back from giving milk and meat from cloned animals a clean bill of health, reducing the chances such products will reach stores soon.

A simple change to the design of the gallon milk jug, adopted by Wal-Mart and Costco, keeps the milk is fresher when it arrives in stores and keeps costs down.

UBS and the Credit Suisse Group, Switzerland’s two largest banks, agreed to pay almost 357 million euros ($548 million) to settle all legal claims related to their role in financing Parmalat.

The executives of the Dairy Farmers of America, the nation’s largest cooperative of its kind, have often seemed more concerned about pleasing industry executives than members.

Parmalat, the Italian dairy, had 6.5 million euros ($10 million) in cash left six days after filing for bankruptcy in 2003, rather than the 4 billion euros it claimed to have.