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Food and Beverage Food Products


  • On Wednesday, University of California President Janet Napolitano announced the 10- campus system would pay its employees that much by late 2017, while a New York wage board backed an eventual $15 an hour for the state's 150,000 fast-food workers. Voters in SeaTac, Washington, population 27,875, made their suburban Seattle city the nation's first with a $15-...

  • Agriculture Secretary Tom Vilsack told the House Agriculture Committee at a hearing on Wednesday. Developing a vaccine targeted to the H5N2 virus that has killed 48 million birds since early March in 15 states, including hardest-hit Iowa, Minnesota and Nebraska, is one aspect of planning for a potential recurrence of the bird flu, Vilsack said.

  • July 22- Campbell Soup Co said it would stop adding monosodium glutamate to its condensed soups for children and increase its organic offerings as part of a broader strategy to cater to changing consumer tastes. Campbell also said it would remove artificial colors and flavors from nearly all of its North American products by July 2018, and that it would move...

  • B&G Foods posts 2Q profit Wednesday, 22 Jul 2015 | 5:27 PM ET

    PARSIPPANY, N.J. _ B&G Foods Inc. on Wednesday reported second-quarter net income of $18.7 million. B&G Foods expects full-year earnings in the range of $1.44 to $1.50 per share, with revenue in the range of $875 million to $885 million. B&G Foods shares have declined almost 5 percent since the beginning of the year.

  • Campbell to stop adding MSG to condensed soups for kids Wednesday, 22 Jul 2015 | 4:16 PM ET

    July 22- Campbell Soup Co said it would stop adding monosodium glutamate to its condensed soups for children and use non-genetically modified ingredients sourced from organic farms. The world's largest soup maker said on Wednesday that the first batch of soups made under the new policy would hit U.S. shelves in August. Campbell also said it would remove...

  • When chef Hooni Kim opened his Korean-inspired restaurant Danji in New York City nearly five years ago, he made sure to couch the cuisine's bold, funky flavors in familiar items: sliders filled with the marinated beef called "bulgogi," for example, and chicken wings glazed with garlic, honey and sesame seeds. "I wanted to deliver the flavors in a non-exotic way," says...

  • NEW YORK— Campbell Soup's cost-cutting plan is paying off faster than it expected. Based on those savings and solid gross margins, Campbell Soup Co. now expects to report net income of $2.43 to $2.46 per share in its current fiscal year. Campbell Soup is aiming for long-term sales growth of 1 percent to 3 percent per year, down from 3 percent to 4 percent growth.

  • Campbell makes quicker savings, raises profit forecast Wednesday, 22 Jul 2015 | 10:28 AM ET

    July 22- Campbell Soup Co raised its full-year profit forecast as savings from its cost-cutting program came in earlier than expected. Campbell on Wednesday said it expects to save $75 million in the fiscal year 2015, ending Aug. 2, and raised its earnings per share forecast for the year to $2.43- $2.46 from $2.32- $2.38. Increasing competition from store brands,...

  • NEW YORK— Fast-food workers in New York state would see a super-sized raise under a plan to phase in a $15 minimum wage— the first time a state has singled out a particular industry for such an increase. "You cannot live and support a family on $18,000 a year in the state of New York— period," Gov. San Francisco, Seattle and Los Angeles have approved gradual increases to $15...

  • July 21- Burrito chain Chipotle Mexican Grill Inc reported lower-than-expected quarterly revenue as the removal of pork products from some of its restaurants hurt sales for the second straight quarter. The company said last week that it had resumed serving carnitas, a popular pork-based dish, in most of its Florida restaurants after it started importing...

  • Chipotle reports lower-than-expected quarterly sales Tuesday, 21 Jul 2015 | 4:09 PM ET

    July 21- Burrito chain Chipotle Mexican Grill Inc reported lower-than-expected quarterly revenue as the removal of pork products from some of its restaurants hurt sales for the second straight quarter. Chipotle's net income rose to $140.2 million, or $4.45 per share, from $110.3 million, or $3.50 per share, a year earlier. Revenue rose 14.1 percent to $1.20...

  • Lobtser pops this summer Friday, 17 Jul 2015 | 2:51 PM ET

    Find out how severe the price hike on lobster is this summer in Scarborough, Maine, with Gary Violet and Vinnie Clough from Bayley's Lobster Pound.

  • New taste in food industry Friday, 17 Jul 2015 | 7:33 AM ET
    New taste in food industry

    Noam Gottesman, Nomad Foods co-chairman, discusses his multibillion-dollar bet on frozen foods and ready-meals. Frozen food is much less wasteful than fresh food, says Gottesman.

  • Nestlé uses naked baristas in latest ad campaign Thursday, 16 Jul 2015 | 6:29 PM ET
    A still image from Nestlé's Coffee-Mate Natural Bliss video ad.

    In a new ad campaign for natural coffee creamer, Nestlé has actors wearing no clothes, just body paint, serving customers free coffee.

  • Cheerios go gluten-free Thursday, 16 Jul 2015 | 8:00 AM ET
    Cheerios go gluten-free

    General Mills plans some changes to boost U.S. cereal sales.

  • China’s consumers go local for daily necessities Wednesday, 15 Jul 2015 | 7:16 PM ET

    With China's local brands fast grabbing market share for items from toothpaste to fruit juice, multinational consumer companies are finding it harder to compete. The Financial Times reports.

  • General Mills CEO: Cheerios will be gluten-free Wednesday, 15 Jul 2015 | 6:25 PM ET
    General Mills CEO: Cheerios will be gluten-free

    General Mills Chairman and CEO Ken Powell, discusses the shift in consumer values, and keeping its products contemporary.

  • NEW YORK, July 15- Nestle Purina Petcare Co's Beggin' dog treats may fool dogs into thinking they are mostly made of real bacon, but a federal lawsuit claims that humans may be misled too. The proposed class action by Paul Kacocha of Dutchess County, New York, the owner of a West Highland terrier named Sophie, said he and other dog owners paid a premium for popular Beggin'...

  • U.S. House committee approves anti-GMO labeling law Tuesday, 14 Jul 2015 | 4:54 PM ET

    July 14- U.S. food companies and other opponents of genetically modified food labeling notched a key victory on Tuesday as the House Agriculture Committee approved a measure banning mandatory labeling as well as local efforts to regulate genetically engineered crops. "This... legislation will ensure that Americans have accurate, consistent information...

  • DOJ warns food companies Tuesday, 14 Jul 2015 | 7:00 AM ET
    DOJ warns food companies

    The Justice Department warns food companies they could face criminal and civil penalties if they poison their customers or make them sick.