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  • Chicken wing prices have spiked, making this year's Super Bowl parties more expensive than last year. Maybe it's time to serve bacon instead of wings!

  • Hostess Twinkies

    The bids for the snack cakes of bankrupt Hostess Brands will be intensely competitive, CEO Greg Rayburn predicted in a "First on CNBC" interview.

  • CNBC's Kayla Tausche talks with Greg Rayburn, Hostess Brands CEO, about how the company will break up its brands, when it holds a full auction in court on March 13th.

  • Hostess continues to find bidders for its various assets in bankruptcy. CNBC's Kayla Tausche reports the latest.

  • Summer Palace, a restaurant tucked inside one of the capital's most expensive hotels, offers the standard selection of Chinese delicacies: abalone, braised sea cucumber and imperial bird's nest soup, which sells for about 700 renminbi, or more than $100, a serving. Noticeably absent, however, is a mainstay of Chinese cuisine — shark fin soup. The NYT reports.

  • Beef is a delicacy in Bangladesh, but Hindu-majority India refuses to sell their sacred cows. The demand is so high, however, that a dangerous $920 million cow smuggling trade has popped up. CSM reports.

  • ORRVILLE, Ohio-- The J. M. Smucker Co. said Friday that it may buy back up to five million more shares. The company also declared its regular quarterly dividend of 52 cents per share, which will be paid March 1 to shareholders of record as of Feb. 15.

  • Last summer's drought has driven up the price of those Super Bowl party chicken wings. Chicken prices were up 6 percent in December, versus a year earlier - that's more than triple overall food prices.

  • Jan 24- Starbucks Corp reported stronger-than-expected sales in the United States and Asia despite economic uncertainty worldwide, offsetting unexpected costs including the bill for cleaning up after Superstorm Sandy.

  • MOSCOW/ CHICAGO, Jan 23- Russia may impose a temporary ban on the import of some U.S. and Canadian beef and pork products as of Feb. 4, amid concerns that they may contain a drug used to make animal muscle more lean.

  • CHICAGO, Jan 23- Farmers in America's corn belt are counting on spring rains to recharge reserves that were drawn down during last year's worst drought in over a half century, which left soil moisture in top producer Iowa at a 27- year low as the new year begins.

  • Jan 23- McDonald's Corp reported an unexpected rise in sales in December at established U.S. restaurants, helping to lift its fourth-quarter profit above analysts' estimates. McDonald's shares rose to $93.55 in premarket trading, up from Tuesday's New York Stock Exchange close of $92.95.

  • LONDON, Jan 23- Anglo-Dutch consumer goods company Unilever Plc/ NV's share price hit an all-time high on Wednesday as growth beat expectations, propelled by strong sales of its haircare products and soaps in emerging markets.

  • Jan 23- McDonald's Corp on Wednesday forecast a decline in global restaurant sales for January, as it and other fast-food chains fight for customers who are spending cautiously during continued economic uncertainty.

  • PITTSBURGH-- H.J. Heinz Co. said that an early payment to a company it bought a Chinese soy sauce maker from in 2010 will hurt its fiscal third-quarter earnings by 4 cents per share.

  • BERKELEY, Calif.-- Annie's Inc. is voluntarily recalling seven kinds of frozen pizza sold nationwide over the possible risk that metal fragments made their way into the dough. Annie's said that while no metal has been found in its finished product, it initiated the recall as a precaution.

  • *Christmas Day openings, McRib schedule boosted U.S. in December. Jan 22- McDonald's Corp is running out of quick-fix strategies for stemming declines in U.S restaurant sales inflicted by tougher competition for customers who are pinching pennies in a weak economic recovery. McDonald's posts December sales and fourth-quarter earnings on Wednesday.

  • *CEO says Brinker has won market share. Jan 22- Chili's Grill& Bar parent Brinker International Inc on Tuesday reported slower-than-expected quarterly sales growth at established restaurants as fewer diners came through its doors, sending its shares down more than 4 percent.

  • *CEO says Brinker has won market share. Jan 22- Chili's Grill& Bar parent Brinker International Inc on Tuesday reported quarterly sales at established restaurants that rose less than expected despite help from higher menu prices, lifting profit only modestly.

  • FRANKFURT, Jan 21- Food campaigners criticised Deutsche Bank for abandoning a moratorium on trading new commodities products, arguing that financial speculators continue to cause price rises for vital foods.