NEW BERLIN, New York— Greek yogurt maker Chobani has secured a $750 million investment from investment firm TPG Capital to help fund its growth. Additionally, Chobani founder and CEO Hamdi Ulukaya will serve as its chairman. Chobani was founded in 2005 and is based in New Berlin, New York.» Read More
CNBC's Jane Wells reports on the Street's expectations for Dunkin Brands, and what could send coffee prices higher. The company plans to eventually double the number of stores it has to 15,000, including coming back to California.
NEW YORK— PepsiCo is again mining its partnership with Taco Bell, with plans to start selling the Mexican food chain's popular Mountain Dew Baja Blast drinks in bottles and cans for the first time next month. PepsiCo and Yum Brands Inc., which owns Taco Bell, KFC and Pizza Hut, didn't disclose terms of the agreement or how sales will be divided.
Since a father and son took their 10 flipping, twirling dogs from the center ring of a circus to the stage of a reality show, where they won TV competition "America's Got Talent," people pack their performances at large venues and they have been tapped to star in short films bankrolled by Ellen DeGeneres' pet food company, one of which is set to screen at the Cannes Film Festival.
TOKYO/ WASHINGTON, April 22- U.S. Trade Representative Michael Froman arrived in Japan earlier than expected on Wednesday, Japanese media, for a last ditch push for a two-way deal seen as crucial to efforts to create one of the world's biggest trade pacts.
April 22- Darden Restaurant Inc will have to call a shareholder meeting to vote on Starboard Value LP's proposal to delay the company's plan to spin off its struggling Red Lobster chain, after the activist investor secured the support of a majority of the company's shareholders.
KFC parent Yum Brands on Tuesday said first-quarter sales at established restaurants in China, its top market, rose 9 percent.
Some of the biggest names in Corporate America, including Coca-Cola Co, General Motors Co, United Technologies Corp and McDonald's Corp all in the past week reported strong results from their China operations.
April 22- KFC parent Yum Brands Inc on Tuesday said first-quarter sales at established restaurants in China, its top market, rose 9 percent, roughly in line with expectations, as it recovers from an avian flu outbreak and a food safety scare last year that pummeled demand for chicken.
April 22- Darden Restaurant Inc has 60 days to call a shareholder meeting to vote on activist investor Starboard Value LP's proposal to delay the company's plan to spin off its struggling Red Lobster chain, CNBC reported.
WASHINGTON/ TOKYO, April 22- A meeting between U.S. President Barack Obama and Japanese Prime Minister Shinzo Abe this week in Tokyo may not seal one of the world's biggest trade pacts, but it could give it a much-needed boost.
April 22- McDonald's Corp posted a lower quarterly profit on Tuesday as high beef costs bit into margins and fewer customer visits resulted in a bigger-than-expected decline in sales at the fast-food chain's established U.S. restaurants.
April 22- McDonald's Corp posted a lower quarterly profit on Tuesday as sales at the fast-food chain's established U.S. restaurants fell more than expected on fewer customers. In the Asia Pacific, the Middle East and Africa region, same-store restaurant sales rose 0.8 percent, compared to analyst projections for a 0.5 percent increase.
McDonald's reported Q1 EPS of $1.21 on revenue of $6.7 billion. RJ Hottovy of Morningstar, still sees value in the stock.
April 22- McDonald's Corp on Tuesday reported a lower quarterly profit as sales at the fast-food chain's established U.S. restaurants fell more than expected. First-quarter sales at restaurants open at least 13 months rose 0.5 percent worldwide, helped by gains in Europe.
McDonald's is reporting Q1 EPS of $1.21 on revenue of $6.700 billion, with the "Squawk Box" crew.
FLAGSTAFF, Ariz.— Facing a high prevalence of diabetes, many American Indian tribes are returning to their roots with community and home gardens, cooking classes that incorporate traditional foods, and running programs to encourage healthy lifestyles. A proposed 2 percent sales tax on chips, cookies and sodas failed Tuesday in a Tribal Council vote.
CHICAGO, April 21- A plan in the new U.S. farm law to help dairy farmers limit losses from rising feed costs or falling milk prices may become a model in coming years for livestock producers who have resisted similar types of insurance.
A devastating disease is putting the world's banana crop at serious risk and threatening the income of millions of people.
NEW YORK— Kraft Foods is recalling 96,000 pounds of its Oscar Mayer wieners because they may mistakenly contain cheese. The U.S. Department of Agriculture's Food Safety and Inspection Service said Sunday that Kraft's "Oscar Mayer Classic Wieners" may instead contain the company's "Classic Cheese Dogs."
NEW YORK— General Mills is scrapping a controversial plan to strip consumers of their right to sue the food company. The next day, General Mills clarified the meaning of its new terms to say they did not apply when people engaged with its brands on Facebook and Twitter.