Food and Beverage Food Products

  • May 5- Kellogg Co, the maker of Corn Flakes and Pringles chips, reported a steeper-than-expected drop in quarterly sales as demand for its breakfast cereals and snacks remained sluggish in the United States, its biggest market. Total sales fell 4.5 percent to $3.40 billion, declining for the fifth straight quarter. Analysts on an average had expected a drop to...

  • Workers at a food distribution center, rear, react to Venezuelan soldiers, foreground, who took over the warehouse where they were working in Caracas, Venezuela, on Thursday, July 30, 2015.

    A group of Venezuelan soldiers confessed to stealing goats over the weekend, in order to feed themselves since they had no food left in their barracks.

  • May 4- Kraft Heinz Co's quarterly pro forma sales fell 3.8 percent as demand weakened for its beverages in the United States and a strong dollar ate into revenue from other markets. The maker of Kraft cheese, Heinz ketchup and Jell-O said its pro forma net sales fell to $6.57 billion in the first quarter ended April 3 from $6.83 billion, a year earlier.

  • Diet, tape measure, waistline

    The shares have lost 55 percent of their value since peaking in the fall following Oprah Winfrey's partnership with the weight-loss company.

  • Venezuela soldiers steal goats for food

    The Venezuelan military resorts to stealing goats as the country continues to struggle with food shortages.

  • TORONTO, May 4- Canada's main stock index fell on Wednesday as U.S. and Canadian data added to concerns about the growth outlook and a wildfire reduced production in the country's oil sands region. U.S. private sector job growth slowed in April to its weakest in three years, while Canada's trade deficit widened in March to a record C $3.41 billion as exports sank for...

  • McDonald's testing new garlic French fries

    The limited-time offering features fries tossed with garlic, olive oil, parmesan cheese and parsley.

  • Frozen Food Aisle, supermarket

    CRF Frozen Foods is expanding its voluntary recall after reports of people being hospitalized for Listeria infections.

  • OMAHA, Neb., April 30- Warren Buffett said on Saturday that Berkshire Hathaway Inc is poised to do well no matter who wins the White House in November, and the billionaire investor defended the performance and tactics of the conglomerate's several large investments. Buffett, a staunch supporter of Democrat Hillary Clinton for president, was asked about the...

  • LOS ANGELES, April 29- Dole Food Company Inc on Friday said the U.S. Department of Justice is investigating a deadly Listeria monocytogenes outbreak linked to packaged salad products from its processing plant in Springfield, Ohio. "Dole has recently been contacted by the Department of Justice in connection with its own investigation, and we will be similarly...

  • Workers stand in a Dunkin' Donuts.

    Dunkin' Donuts' CEO joined CNBC to discuss the company's current and future plans.

  • China's childhood obesity problem set to 'explode'

    A study reveals a massive spike in childhood obesity as Chinese children shift to a western diet.

  • Cities turning to in-sink disposals to deal with garbage problem

    Emerson Electric's business unit launches an in-sink garbage disposal to turn food waste into renewable sources of energy.

  • The Ann Arbor, Michigan- based company's net income fell to $45.5 million from $46.3 million, a year earlier. But on a per-share basis, net income jumped 9.9 percent to 89 cents, due to a lower diluted share count, primarily as a result of the accelerated share repurchase program. The company's total revenue rose 7.4 percent to $539.2 million.

  • UN warns North Korea food supply could get even tigher

    The United Nations' Food and Agriculture Organization says the country's already-low food supply is set to deteriorate this year.

  • WINNIPEG, Manitoba, April 28- Canada may delay implementing new restrictions on the use of foreign workers as farmers and meat processors warn of severe labor shortages in one of the world's biggest agricultural exporters, the employment minister said. The move to 10 percent is part of a "progressive strangulation of the livestock industry" in rural areas, said...

  • *Concerns over Americana's Iran business among reasons. DUBAI, April 28- Citigroup has dropped out of the group of banks providing a $1.5 billion bridge loan to Gulf-based Adeptio for its planned purchase of a majority stake in Kuwait Food Co, three sources aware of the matter said on Thursday. The U.S. bank failed to secure internal approval to participate in the...

  • Chipotle, forgive & forget?

    Chipotle reported its first quarterly loss since going public. What's the trade?

  • Mondelez beats the Street

    Mondelez Chairman and CEO Irene Rosenfeld discusses the company's better-than-expected revenue and profit.

  • *Plan is to eventually list on London Stock Exchange. LONDON, April 27- Nestle has struck a deal with Britain's R&R Ice Cream to form a joint venture that will sell ice cream and frozen food in more than 20 countries, its latest attempt to adapt to a changing and more competitive market. The 50/ 50 joint venture, to be called Froneri, will combine the Nestle and R&R ice...