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  • "While it has only been a few weeks since Chiptopia launched, we are pleased to see that July sales comp trends have already improved by 200 to 300 basis points, and transaction comp trends have improved by an even greater amount," said co-CEO Steve Ells. Chipotle's net income slumped to $25.6 million, or 87 cents per share, in the second quarter ended June 30, from...

  • July 21- Chipotle Mexican Grill Inc reported a bigger-than-expected drop in quarterly comparable restaurant sales as demand continued to be hurt by a spate of food-borne illnesses linked to its outlets. The company's shares were down 2 percent in after-market trading on Thursday. Chipotle's net income slumped to $25.6 million, or 87 cents per share, in the...

  • July 13- Chipotle Mexican Grill Inc reported a bigger-than-expected drop in quarterly comparable restaurant sales as demand continued to be hurt by a spate of food-borne illnesses linked to its outlets. The company's shares were down 2 percent in after-market trading on Thursday. Chipotle's net income slumped to $25.6 million, or 87 cents per share, in the...

  • BIRMINGHAM, Ala.— The parent company of Golden Flake Snack Foods Inc.— a longtime Alabama maker of potato chips and other snack foods— is being acquired by Utz Quality Foods Inc. of Hanover, Pennsylvania. Birmingham- based Golden Enterprises and Utz Quality Foods announced this week they've entered into a merger agreement. Golden Enterprises CEO Mark McCutcheon...

  • Best deals on National Hot Dog Day

    A number of restaurants are celebrating National Hot Dog Day this Saturday, July 23.

  • The fast-casual chain is trying to lure customers into stores with new menu items amid slumping sales.

  • Carl's Jr. and Hardee's to sell burger with bacon jam

    The restaurants, owned by CKE Restaurants, will offer the Bacon 3-Way Thickburger at select locations.

  • July 20- Oreo cookie maker Mondelez International Inc is in talks to buy the license to make Cadbury biscuits from UK- based biscuit maker Burton's Biscuits Co, Sky News reported. Burton's, owned by Canada's Ontario Teachers' Pension Plan, makes biscuits such as Cadbury Fingers under license from Cadbury UK. Mondelez already owns chocolate maker Cadbury Ltd,...

  • July 20- From the heart of the U.S. big farm belt to Colombia, Vietnam and Indonesia, livestock producers are snapping up wheat damaged by bad weather or low in protein, providing pigs and poultry with grain more often milled for making bread. Farms in the United States, the Black Sea region, Europe and Australia have had bumper harvests, which are likely to push global...

  • July 20- From the heart of the U.S. big farm belt to Colombia, Vietnam and Indonesia, livestock producers are snapping up wheat damaged by bad weather or low in protein, providing pigs and poultry with grain more often milled for making bread. Farms in the United States, the Black Sea region, Europe and Australia have had bumper harvests, which are likely to push global...

  • TOKYO— What's helping turn Japanese youngsters into stars on Vine, the Twitter-owned social network devoted to looping, six-second video clips, is the stodginess of this nation's business world. Japan Inc. companies, both big and small, are generally so clueless about appealing to youngsters— especially young women and especially on social networks— they need...

  • KAMPALA/ NAIROBI, July 15- International brewers in Africa are expanding their production of beers based on local ingredients, snapping up craft brewers and introducing more brands as low-cost beers gain popularity on the fast-growing but still poor continent. Diageo unit Uganda Breweries Limited has pinned hopes on Ngule, or "Crown" in the Luganda language,...

  • Congress sent legislation to President Barack Obama on Thursday that would require most food packages to carry a text label, a symbol or an electronic code readable by smartphone that indicates whether the food contains genetically modified ingredients, or GMOs. The White House says Obama will sign the bill, which would pre-empt a Vermont law that kicked in...

  • Yum Brands Inc. shares jumped in extended trading Wednesday after the parent company of Taco Bell, KFC and Pizza Hut reported a better-than-expected profit for its second quarter despite soft sales at some of its brands. The results come as Louisville, Kentucky- based Yum prepares to split off its China unit later this year into a separate company.

  • CISSE VIDEO POWER PITCH WEB ARTICLE

    Cisse Cocoa Co. founder and CEO Diana Lovett pitches her brownie start-up to a panel of experts on CNBC's "Power Pitch."

  • Megpies: Pop-Tarts for adults at Starbucks

    Meghan Ritchie, Megpies founder, discusses how her small pastry business hit it big time nationwide.

  • Why Danone is the right fit for WhiteWave

    Organic foods maker WhiteWave agreed to be acquired by France's Danone. Emmanuel Faber, Danone CEO, and Gregg Engles, WhiteWave CEO, discuss the process to the deal, and whether all sides were evaluated.

  • July 7- The U.S. Senate on Thursday approved legislation that would for the first time require food to carry labels listing genetically-modified ingredients, which labeling supporters say could create loopholes for some U.S. crops. The Senate voted 63-30 for the bill that would display GMO contents with words, pictures or a bar code that can be scanned with...

  • LOS ANGELES, July 7- Chipotle Mexican Grill Inc shares took a hit on Thursday after best-selling author Eric Van Lustbader revived concerns about food safety at the burrito chain by tweeting that his editor fell ill after eating at one of its Manhattan restaurants. Company spokesman Chris Arnold said Chipotle had received no current reports of illness in New...

  • WhiteWave's $10B buyout

    The "Fast Money" traders debate the trade on WhiteWave following the news of an acquisition by Danone.