Americans are drinking more expensive booze, in particular tequila and whiskey, according to Diageo's boss.» Read More
Having already conquered the music market, hip hop royalty Jay Z is entering the luxury end of the alcohol business.
Kraft Foods Group fired most of its advertising agencies this week, the company confirmed to CNBC.com.
Two major breakfast-focused coffee chains may start serving dinner items in 2015.
General Mills shares sank after the maker of Cheerios, Yoplait yogurt, and Progresso canned soups cuts its sales and earnings outlook for the year.
The number of potential successors for the top spot at PepsiCo is thinning as yet another highly regarded executive announced his departure.
Rising beef prices might not mean the cost of a Whopper is going to skyrocket, but it could mean you choose to order a chicken sandwich instead.
Colorado and Oregon ballot measures to label food products that have GMOs were defeated, but proponents vow to fight on.
Whole Foods' strong quarterly results shows the organic grocer is turning things around, says CNBC's Jim Cramer.
McDonald's let franchisees choose whether to bring back the McRib this year. Many fans won't be lovin' the outcome.
Whole Foods Market reported quarterly earnings that beat analysts' expectations and revenue that was in line with forecasts.
Realty TV star Adam Richman said he has learned his lesson after a social media tirade led the Travel Channel to delay the premiere of his new show.
Thirstie co-founder and CEO Devaraj Southworth pitches his alcohol delivery company to the "Power Pitch" panel. Will they be in or out?
McDonald's has lifted the curtain on the McRib, one of its most popular limited-time offerings, in a new video to promote transparency.
Jersey Mike's CEO Peter Cancro says his company's performance is a sign that consumers have more money to spend on higher-priced food options.
The struggling chain on Monday plans to announce another revamped menu that tacks on more dishes featuring lobster.
Feeding the world's growing population is a major issue for global policy makers, and Euromonitor thinks it has the answer: insects.
Massachusetts approved legalized gambling three years ago. But come Tuesday, however, Bay State voters may decide they don't want it after all.
Starbucks CEO Howard Schultz defended the company's third-quarter results and shared his high hopes for the future.
Maker of Budweiser, Stella Artois and Corona said overall beer volumes fell by 2.7 percent in the July-Sept period.
Lowe's home improvement stores have been targeted this week with protests to stop selling pesticides that some consider harmful to bees.