Business briefs: Popcorn lung & milk

The nation’s largest microwave popcorn maker, ConAgra Foods Inc. (CAG), said Wednesday it will change the recipe for its Orville Redenbacher and Act II brands in the next year to remove diacetyl, a flavoring chemical linked to a lung ailment in plant workers. The announcement comes a day after a doctor said in a letter to federal regulators that consumers, not just factory workers, may be in danger.

MILK PRICES

California’s cheese manufacturers say they are being squeezed out of hundreds of millions of dollars by dairy farmers, and they want the state to change the complex formula used to determine the price they pay for milk. Cheese makers claim that the current formula, changed four years ago when dairies were struggling with low milk prices, could drive smaller plants out of business.

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