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Food and Beverage Food Products

  • These sneakers have a button for instant pizza delivery

    ‘Pie top’ sneakers deliver a Pizza Hut pie at the press of a button.

  • Jonty Jacobs’ biltong- a traditional South African treat using cuts of beef, rubbed in vinegar and spices then hung to air dry.

    Jonty Jacobs is a high-end beef jerky start-up making a "Power Pitch" on CNBC.

  • Plans for the DKK300 million plant come as Hormel Foods of the United States prepares to open a new factory in nearby Zhejiang province in the third quarter, and after a year of record pork imports by the world's top consumer of the meat. While imports were driven largely by high Chinese prices, Danish Crown chief executive Jais Valeur said changing consumer...

  • Hollywood to home baking

    Number 19 on our CNBC Upstart 25 list is Foodstirs, a packaged baking goods startup co-founded by TV's Sarah Michelle Gellar.

  • Nima is a food-allergen detection device created by MIT graduates to help diners detect dangers on their plates.

  • Feb 27- Gregory Abel, chief executive of the energy unit of Warren Buffett's Berkshire Hathaway Inc, was awarded $17.52 million in compensation last year, mainly in the form of a bonus, a regulatory filing shows. He also got a $1 million salary plus $1.52 million of other awards. The total amount was down from $40.77 million in 2015, which included $39.5 million of...

  • LONDON, Feb 27- U.S. food company Kraft Heinz is not targeting any other large deals for now after being snubbed by Unilever because valuations in the sector are too high, major shareholder Warren Buffett told CNBC news on Monday. My guess is yes, but who knows when... it would have to be friendly and frankly, the prices in that field make it very, very, very tough to make an...

  • BUDAPEST, Feb 27- Hungary and Slovakia will ask the European Commission in a joint motion to consider legal means to eliminate "double standards in quality" of food products sold by companies in Eastern Europe and in the west, Hungary's agriculture ministry said on Monday. Hungary also welcomed a Slovak proposal that the Visegrad Four countries- the Czech...

  • Wal-Mart is looking to regain market share in grocery store sector

    The retail giant is running a price comparison test in at least 1,200 U.S. stores to bring its prices closer to rivals such as Aldi and Kroger, sources told Reuters.

  • *China in throes of worst-ever bird flu outbreak. BEIJING, Feb 24- With many poultry markets closed in the wake of China's worst-ever bird flu outbreak, local egg producers are being forced to shell out to feed and water chickens long after they would normally have been killed and sold for meat. That is piling pressure on producers already grappling with tanking...

  • *China in throes of worst-ever bird flu outbreak. BEIJING, Feb 24- With many poultry markets closed in the wake of China's worst-ever bird flu outbreak, local egg producers are being forced to shell out to feed and water chickens long after they would normally have been killed and sold for meat. That is piling pressure on producers already grappling with tanking...

  • *Follows rejection of $143 bln Kraft takeover bid. LONDON, Feb 22- Unilever sought to show shareholders it can go it alone on Wednesday after rejecting Kraft Heinz's $143 billion bid, with the promise of a swift, far-reaching review. Kraft, backed by Warren Buffett and private equity firm 3 G, had wanted to buy Unilever, which is being advised by Centerview following...

  • Feb 22- CVS Health Corp said its pharmacy chain had removed artificial trans fats, which have been linked to rising rates of heart diseases, from its store-branded food products well ahead of a June 2018 federal deadline. The U.S. Food and Drug Administration said in June 2015 that PHOs were not "generally recognized as safe" for use in human food and gave food...

  • Finding the truth behind US food system: Kind Snacks CEO

    Daniel Lubetzky, Kind Snacks founder and CEO, talks about a new organization called "Feed the Truth" which aims to bring more transparency to the U.S. food industry.

  • Singapore, China, Japan and Thailand each boasted nine restaurants on the annual list.

  • Feb 21- Canadian meat packaging goods company Maple Leaf Foods Inc said on Tuesday it would buy U.S.-based Lightlife Foods Inc, a manufacturer of plant-based protein foods, for $140 million and related costs. Lightlife Foods reported 2016 sales of about $40 million and has a 38 percent market share in the U.S. refrigerated plant proteins market, Maple Leaf said...

  • Tyson Foods signage is displayed on the floor of the New York Stock Exchange on Monday, Nov. 21, 2016.

    In his first televised interview as CEO of Tyson Foods, Tom Hayes told "Squawk on the Street" that the price-fixing lawsuits were unfounded.

  • Feb 21- Canadian meat processor Maple Leaf Foods Inc said on Tuesday it would buy U.S.-based Lightlife Foods Inc for $140 million and related costs. Lightlife Foods, a manufacturer of plant-based protein foods, reported 2016 sales of about $40 million and has a 38 percent market share in the U.S. refrigerated plant proteins market, the company said.

  • LOS ANGELES, Feb 21- A third of U.S. adults are eating out less frequently than three months ago, mostly because of cost, according to a new Reuters/Ipsos survey that illustrates the challenge for U.S. restaurants seeking to revive traffic after zero growth in 2016.. Annual traffic to U.S. restaurants has been flat or up just 1 percent since 2009, when there was a 2...

  • ConAgra CEO: When you restart a company, you've got to rebuild the innovation pipeline from scratch

    ConAgra CEO Sean Connolly weighs in on growth, innovation, tax reform and food deregulation.