Dec 18- Food company General Mills Inc reported lower-than-expected quarterly results due to higher cost of ingredients and a fall in sales in its U.S. retail business.» Read More
The news comes a week after Tyson Foods Inc. declared it would stop accepting Zilmax-fed beef given some cattle were observed arriving at its slaughter facilities with signs they were having difficulty walking or moving.
NEW YORK, Aug 13- A former employee of Herbalife Ltd has been subpoenaed by the New York State attorney general to produce documents regarding a 2011 safety concern about the company's nutritional shakes, The New York Times reported on Tuesday.
NEW YORK, Aug 13- A former employee of Herbalife Ltd has been subpoenaed by the New York State attorney general to produce documents regarding a 2011 safety concern about the company's nutritional shakes, the New York Times reported on Tuesday.
With ready-to-eat popcorn snacks gaining popularity is the popcorn business popping profits? The folks at Popcorn, Indiana sure think so. CNBC's Jackie DeAngelis has the details.
Corn futures prices could lose another 10 to 15 percent on the prospect of a record U.S. corn corp.
*Yum's China recovery may take longer than expected- analysts.
Aug 13- At a beef industry conference in Denver last week, the animal health auditor for meat producer JBS USA presented a video showing short clips of cows struggling to walk and displaying other signs of distress.
Aug 12- KFC parent Yum Brands Inc on Monday reported a steeper-than-expected 13- percent drop in July sales at established restaurants in China after back-to-back blows from a food safety scare and a bird flu outbreak in its most important market.
*U.S. hog industry lost an estimated $3 billion last year. CHICAGO, Aug 12- For the first time in nearly 12 months hog farmers in June turned a profit as high pork prices, the result of consumers needing meat for backyard grills as the summer cookout season gained traction, had meat companies paying more for hogs.
Aug 12- KFC parent Yum Brands Inc on Monday reported a 13 percent drop in July sales at established restaurants in China, a steeper-than-expected fall after back-to-back blows from a food safety scare and a bird flu outbreak in its most important market.
*Nasdaq helped by gains in Apple. NEW YORK, Aug 12- Technology stocks Apple and BlackBerry kept the Nasdaq above break-even on Monday, but other major stock indexes were lower in a session marked by light trading.
*Nasdaq index also helped by report on redesigned Apple iPhone. NEW YORK, Aug 12- U.S. stock were little changed on Monday after trimming losses, although the Nasdaq composite index rose slightly on gains by Apple and BlackBerry.
*S&P 500 down for four of the past five sessions. *Tesla Motors falls before the open after downgrade. NEW YORK, Aug 12- U.S. stock index futures pointed to a lower open on Monday after shares recorded the biggest weekly decline since mid-June last week and investors found few reasons to buy.
Aug 12- Packaged foods company Pinnacle Foods Inc said it would buy Unilever Plc's Wish-Bone salad dressings business for $580 million to expand its range of branded food products. Pinnacle, home to labels such as Birds Eye and Duncan Hines, said that it expected a tax benefit of about $125 million because the all-cash deal was structured as an asset purchase.
What does it take to succeed in a niche-based business? CNBC Prime talks with meatball impresario Michael Chernow, whose New York shops make millions.
As the test-tube burger debuted last week, two rival visions for the future have emerged at the intersection of cattle and climate change: one with more cows, one with fewer.
Shake Shack opened in 2004 and now has more than 29 locations. Danny Meyer, Union Square Hospitality Group CEO; and Randy Garutti, Shake Shack CEO, join to discuss the restaurant business and how Shake Shack stands out among other fast food chains.
Hog farmers in the U.S. and China are grappling with an intestinal virus that is almost 100 percent fatal in young pigs. CNBC's Jane Wells reports that the bug has spread to hog farms in 16 states. (Also, what Jane thinks about TripAdvisor's pizza survey.)
From stocks to scoops. Wall Street trader Jon Snyder dreamt of doing something else. Snyder discusses his exquisite gelato business, with some 250 flavors.
Iceburg lettuce prices have come to a head, says CNBC's Jane Wells, following a story that may affect your favorite sandwich.