Wall Street slid for a third day amid comments from Cleveland Fed President Sandra Pianalto that the US jobs market had shown “meaningful improvement”. In late afternoon trading in New York, the Dow Jones Industrial Average fell 0.37 percent, the Standard & Poor’s 500 Index dropped 0.42 percent and the Nasdaq Composite Index shed 0.40 percent. Shares of Home Depot, …

Fonterra Cooperative Group, the world’s biggest dairy exporter, has launched an investigation into a food contamination scare after accounting for the potentially tainted product. Chief executive Theo Spierings told a briefing in Auckland all affected whey protein and its derivatives had been contained internationally, and he was satisfied the contamination scare had stabilised. The dairy company has launched an investigation …

Fonterra Cooperative Group, embroiled in a food contamination scandal, has been fined $900,000 for its role in fixing prices for infant formula in China, but says its rivals face bigger penalties. quick easy ways to make money The Auckland-based cooperative was issued an administrative fine of 4.47 million Chinese yuan after the China National Development and Reform Commission finished its …