Food and Beverage Food Products

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  • PARIS, July 7- France's Danone said on Thursday it would double the size of its U.S. business by buying organic foods producer WhiteWave Foods Co in a deal worth $12.5 billion, including some $2.1 billion of debt and "other" liabilities. The purchase will help the French company to pursue affluent consumers by adding WhiteWave's popular health food offerings such...

  • Gas pump gasoline prices

    New data from the JPMorgan Chase Institute show that when Americans save on gasoline, they upgrade their gasoline.

  • PARIS, July 7- France's Danone said on Thursday it would double the size of its U.S. business by buying organic food producer WhiteWave Foods Co in a deal that values the company at $12.5 billion including debt. The purchase will help the French company to pursue affluent consumers by adding WhiteWave's popular health food offerings such as Silk almond milk and...

  • Danone to acquire WhiteWave Foods

    Jon Cox, head of European consumer equities at Kepler Cheuvreux, comments on the deal and how it may benefit the world's biggest yoghurt maker.

  • *Russia reduces oil shipments to Belarus. The Kremlin appears to be sending a message that, with the Belarus economy in recession and propped up by subsidized Russian oil and gas, Lukashenko will pay a heavy price if he wants to turn his back on his old friends in Moscow. Ukraine regularly accused Russia of political intimidation by cutting energy supplies in the...

  • Crowdfund your next burger

    Honest Beef Co. Founder Hannah Raudsepp pitches her start-up to a panel of experts on CNBC's Power Pitch

  • CHICAGO, July 5- Commodity trader Bunge Ltd will sell half its stake in oilseed crushing operations in Vietnam to Singapore's Wilmar International Ltd, the world's largest palm oil processor and one of the biggest soybean buyers, in an effort to integrate operations in a fast-growing market. Quang Dung, a soybean meal distributor in Vietnam, will keep a 10...

  • Eating pasta may not make you fat

    Italian scientists say high pasta intake is not linked to a raised BMI.

  • California's new cash crop

    CNBC’s Jane Wells reports on the quinoa craze, America’s favorite gluten-free grain.

  • Joey Chestnut eats 70 hot dogs to reclaim championship title

    The competitive eater beat his own record and regained the championship title at the annual July Fourth eating contest.

  • HERSHEY, Pennsylvania, July 5- The town of Hershey, Pennsylvania, calls itself the "sweetest place on earth." Since the company was founded by Milton Hershey 122 years ago, residents here have fought many plans that would have changed Hershey Co. and, in turn, a community built around one of the world's most famous confectioners. Although the Hershey Trust rejected...

  • Baking up a storm on July 4th

    Outsider Tart co-founder, David Lesniak, talks about America’s top delicious treats, in light of the country’s holiday, Independence Day.

  • Hershey's

    The Pennsylvania-based confectioner rejected an initial $23 billion takeover proposal from the Oreo producer on Thursday.

  • NEW YORK/ LOS ANGELES, July 1- An elaborate structure put in place to preserve Hershey Co's ties to its local community has been roiled by scandal, creating an opening that Mondelez International Inc seized on to launch a $23 billion for the chocolate giant. But the Trust set up over 100 years ago to help underprivileged children is now being investigated by the...

  • 40-year-old Twinkie

    A school in Maine is celebrating the 40th anniversary of a Twinkie.

  • SAO PAULO, July 1- The Brazilian real weakened on Friday as the central bank stepped in to stem a rally in the currency, underperforming its regional peers after Mexico's central bank aggressively raised its key interest rate. Brazil's real declined 0.9 percent after posting its biggest monthly gain in 13 years in June, supported by a rebound in global investor...

  • BRASILIA, July 1- Brazilian police on Friday raided offices of pulpmaker Eldorado Celulose controlled by the billionaire Batista family, a company spokesman said, in the latest stage of the country's biggest-ever corruption investigation. The Batista family, through holding J&F Investimentos SA, has stakes in pulp, agribusiness, cosmetics, home cleaning...

  • The chocolate company received a preliminary offer from Mondelez for a mix of cash and stock totaling $107 per Hershey share.

  • Hershey's

    Hershey said on Thursday it had rejected a $23 billion takeover bid by Mondelez International.

  • June 30- Hershey Co said on Thursday it had rejected a $23 billion takeover bid by Mondelez International Inc that would seek to expand the latter's limited U.S. footprint and create the world's largest confectioner. The snub underscores the challenges Mondelez Chief Executive Irene Rosenfeld faces in wooing Hershey's controlling shareholder, the Hershey...