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  • Kraft Foods to merge with ketchup maker Heinz Wednesday, 25 Mar 2015 | 6:09 AM ET

    March 25- Kraft Foods Group Inc said it would merge with ketchup maker H.J. Heinz Co, owned by 3 G Capital and Warren Buffett's Berkshire Hathaway Inc, to form the third-largest food and beverage company in North America. Kraft shareholders will receive stock in the combined company and a special cash dividend of $16.50 per share, which will be funded by Berkshire...

  • March 24- Kraft Foods Group Inc, maker of Velveeta cheese and Oscar Mayer meats, is in talks to be acquired by Brazilian private equity firm 3 G Capital, a source familiar with the matter told Reuters on Tuesday. 3 G teamed up with Warren Buffett's Berkshire Hathaway Inc to acquire Ketchup maker H.J. The Wall Street Journal first reported on the possible deal and said...

  • March 24- Private equity firm 3 G Capital is in talks to acquire Kraft Foods Group Inc, a source familiar with the matter told Reuters on Tuesday. Based on Tuesday's close at $61.32, Kraft had a market capitalization of $36.06 billion. The company had 588.13 million shares outstanding as of March 2, according to Thomson Reuters data.

  • Nestle's recipe to cope with lower food prices Tuesday, 24 Mar 2015 | 7:44 PM ET

    Peter Brabeck-Letmathe, chairman of Nestle, discusses the impact from global food prices hovering near 5-year lows and outlines what could derail its sales forecast for 2015.

  • CHICAGO, March 23- The U.S. government is developing a vaccine to protect poultry from new strains of avian flu that have recently killed birds from Arkansas to Washington state. In response to the cases, key overseas buyers have limited imports of U.S. poultry, and the world's biggest poultry producers, including Tyson Foods Inc and Sanderson Farms Inc, have...

  • CHICAGO, March 23- U.S. pork and beef inventories in February hit record highs for the month, showing ongoing export challenges compounded by ramped up hog production, analysts said following the Department of Agriculture's latest monthly cold storage report. Excess meat supply means grocers will have to significantly cut product prices to consumers for the...

  • CHICAGO, March 23- The U.S. government is developing a vaccine to protect poultry from new strains of avian flu that have recently killed birds from Arkansas to Washington state. The world's biggest poultry producers, including Tyson Foods Inc and Sanderson Farms Inc, have increased biosecurity at farms to protect their flocks. The United States is developing...

  • Gulp... Here's a protein bar to chirp about Monday, 23 Mar 2015 | 5:09 PM ET
    CROBOR, protein bar made with cricket flour

    This all-natural health bar promises nine essential amino acids and 10 grams of protein, but there's a catch.

  • Giant peanut butter cup Monday, 23 Mar 2015 | 1:56 PM ET
    Giant peanut butter cup

    The Candy Factory in L.A. attempted to create the world's largest peanut butter cup.

  • March 20- Olive Garden owner Darden Restaurants Inc reported a quarterly profit above analysts' estimates due to cost-cutting and better-than-expected sales at its chains such as LongHorn Steakhouse and Yard House. Customer visits have been falling for more than a year at Olive Garden, which accounts for more than half of Darden's revenue.

  • Kraft recalls more than 6.5M boxes of Mac & Cheese Tuesday, 17 Mar 2015 | 5:49 PM ET

    Kraft foods on Tuesday said it would recall some 242,000 boxes of its macaroni & cheese dinners because they could contain pieces of metal.

  • CARACAS, March 16- Venezuela said on Monday it has paid off its 1 billion euro Global 2015 bond, the first foreign debt maturity in a year of heavy bond payments that have stretched the OPEC nation's coffers amid a period of low oil prices. "Venezuela in 2015 will continue, despite lower oil prices... to fulfill its international obligations, one by one," he said in a...

  • CARACAS, March 16- Venezuela's government has told the country's food industry that it is limiting dollar disbursements for food imports so that it can pay down foreign debt amid low oil prices, according to two sources with direct knowledge of the situation. At the same time, concerns Venezuela could default on foreign debt have pushed its yields to the second...

  • March 16- Wayne Farms Inc, the sixth-largest poultry producer in the United States, filed with U.S. regulators in an initial public offering of common stock. Wayne Farms counts Nestle SA, Costco Wholesale Corp and Chick-fil-A, the fast food chain known for its chicken sandwiches, among its clients. Net income of Wayne Farm LLC, a subsidiary of Wayne Farms Inc, rose...

  • Continental Grain's Wayne Farms files for IPO Monday, 16 Mar 2015 | 5:53 PM ET

    March 16- Wayne Farms Inc, the sixth-largest poultry producer in the United States, filed with U.S. regulators in an initial public offering of common stock. Wayne Farms is a subsidiary of Continental Grain Co, one of the largest privately held corporations in the United States. Citigroup, J.P. Morgan and BMO Capital Markets are underwriting the IPO, Wayne told the U....

  • March 16- McDonald's Corp restaurant workers from 19 U.S. cities complained to regulators on Monday that their working conditions are hazardous and have led to severe burns from hot grills and fryer oil. McDonald's workers, who already have claimed that they have been subjected to wage theft, racial discrimination and retaliation for attempting to unionize,...

  • CHICAGO, March 16- U.S. authorities are considering imposing tougher restrictions in Arkansas to contain a virulent strain of avian flu in the heart of America's poultry region in a bid to minimize international trade disruptions and contain the virus. The H5N2 flu discovered in Arkansas last week is the state's first case of a strain that causes massive...

  • Why a nasty insect is getting the EPA's attention Thursday, 12 Mar 2015 | 3:49 PM ET
    An ear of corn hangs in a field outside Tiskilwa, Ill.

    A destructive insect's growing resistance to genetically modified corn seeds is costing American farmers as much as $2 billion annually.

  • SAO PAULO, March 12- Brazilian meats company JBS SA plans to focus on Australia, its U.S. pork operations and its processed foods division under a 2015 strategy focused on "organic expansion" rather than acquisitions, CEO Wesley Batista said on Thursday. JBS plans to finalize its $1.25 billion purchase of Australian processed foods maker Primo Smallgoods this...

  • *Wall St coming off extended decline. *Intel shares fall after lowered outlook. NEW YORK, March 12- U.S. stocks rose modestly on Thursday, partially rebounding after a recent bout of weakness, though a surprise drop in retail sales and a weak outlook from Intel limited the day's gains.