Food and Beverage Food Products

  • *Nestle to pay DBV up to 100 mln euros for rights to test. LONDON, May 31- Nestle, the world's biggest food company, is stepping up its push into medicine with a global deal worth up to 100 million euros to develop and market an experimental milk allergy test for infants. Shares in the Franco-American biotech company had risen 6 percent to 61.30 euros on the news by 0800...

  • The free game launched in November 2012 has helped Mondelez make twice as much money through in-app purchases and ads as it had invested in it, Laura Henderson, global head of content and media monetization, said in an interview ahead of the company's announcement on Tuesday about the plans. PepsiCo Inc opened an in-house Creators League content studio in...

  • NEW YORK, May 29- ConAgra Foods' stock could climb up to 30 percent in the coming months as the U.S. packaged food company seeks to shed businesses, improve existing brands and achieve lower overheads, Barron's said in its latest online edition. Without Lamb Weston, the Omaha- based company would remain the second biggest U.S. frozen entree producer and top maker of...

  • WASHINGTON, May 27- The Obama administration on Friday asked the World Trade Organization to establish a dispute settlement panel to rule on U.S. claims that China is unfairly continuing anti-dumping duties on U.S. broiler chicken products. China first imposed the duties on chicken imports from the United States in 2010 on grounds they were priced below fair...

  • A McDonald's Big Mac

    After being in business for over sixty years, McDonald’s has quite a hamburger history. McDonald’s experimented with serving pizza, and a fashion school once created a clothing collection out of only McDonald’s packaging.

  • US Foods CEO discusses company innovations

    US Foods CEO Pietro Satriano discusses how they are embedding their business in the economy.

  • Is Whole Foods a buy?

    The "FMHR" traders discuss Whole Foods Market and whether the supermarket chain's new lower-price 365 store will boost the stock.

  • Whole Foods launches '365'

    CNBC's Jane Wells reports from the first Whole Foods 365 store on the grocery chain's push towards affordability and taking market share away from lower-cost competitors.

  • VEVEY, Switzerland, May 25- Nestle on Wednesday announced new cost-savings as part of efforts to cope with increasing competition and to make its sprawling business more agile and efficient and stood by its long-term annual sales growth target of 5 to 6 percent. Like its rivals, Nestle is having to cope with a sluggish economic environment and more demanding...

  • Major burger joints launch special offers to drive traffic

    Burger chains launch limited-time promotions and value meals to grab attention and quickly boost sales.

  • Pepper the robot lands a job at Pizza Hut

    The humanoid robot will take and process customer orders in Pizza Hut restaurants by the end of 2016.

  • Snickers Candy Bar

    Snickers and 7-Eleven have teamed up to bring discounted candy to customers in Australia based on an algorithm that monitors mood on Twitter.

  • May 24- The New York attorney general's office on Tuesday sued Domino's Pizza Inc, claiming it is liable for wage theft by franchisees because the company used a computer system that it knew under-calculated workers' pay. The lawsuit is the first by Attorney General Eric Schneiderman's office to claim a fast-food company is a "joint employer," meaning it is liable...

  • May 24- The New York attorney general's office on Tuesday filed a lawsuit claiming Domino's Pizza Inc is liable for alleged wage theft by franchisees because the company used a computer system that it knew under-calculated workers' pay. The lawsuit is the first by Attorney General Eric Schneiderman's office to claim a fast-food company is a "joint employer,"...

  • Cheese glut pushes prices to 6-year low

    Bob Wellington, Cabot Creamery senior vice president of economics, discusses how the strong U.S. dollar and waning demand are causing a backup in cheese supplies and a surplus of products like grains, meat and milk.

  • Cure a hangover with this ice cream bar

    A convenience store chain in South Korea is selling an ice cream bar to fight hangovers.

  • A worker pours soup at the Campbell Soup Plant in Maxton, North Carolina.

    Campbell Soup shares were lower Friday on the back of disappointing quarterly sales and a weak U.S. soup season.

  • Dylan's Candy Bar now let's you 3D print your gummy bears.

    A U.K.-based candy company is bringing its gummy 3-D printing technology to the United States.

  • Recall covering millions of frozen food packages

    Authorities are trying to limit listeria-linked illnesses and deaths amid the massive frozen foods recall.

  • NEW YORK, May 19- Late in July 2012, Phil Mickelson, one of the world's most famous golfers, received a phone call from a well-known professional sports gambler, William "Billy" Walters. "Simply put, Mickelson made money that wasn't his to make," Andrew Ceresney, the SEC's enforcement chief, said at a news conference in New York. Mickelson, 45, was named as a "relief defendant"...