A UN report showed food prices jumped last month by the most in 1.5 years. CNBC's Sara Eisen discusses what's behind the rise in food costs.» Read More
MOSCOW, March 4- Russia needs more guarantees on food safety from two U.S. pork packing plants in order to resume imports from the United States around March 10 as it had originally targeted, Russia's veterinary and phytosanitary watchdog said on Tuesday.
March 4- Warren Buffett is seeking to reassure shareholders about how his Berkshire Hathaway Inc will perform in the decades after he steps down or dies, but remains as vague as ever about succession plans. Jeff Immelt, the CEO at General Electric Co, has been unable to get his company's share price anywhere near the heights achieved by his predecessor Jack Welch.
March 3- The activist investor seeking to split Darden Restaurants Inc into two companies said on Monday it has lost confidence in its chief executive's ability to run the company.
CARACAS, Venezuela-- Thousands of anti-government activists marched peacefully Sunday to an upper-class Caracas district shaken by more than two weeks of unrest, trying to maintain the movement's momentum during a long holiday break.
March 3- Darden Restaurants Inc said it would proceed with its plan to spin off or sell its Red Lobster chain, rebuffing two activist investment firms that had urged the company to take other actions to boost results, including selling real estate.
March 3- Olive Garden owner Darden Restaurants Inc estimated third-quarter profit below analysts' expectations, blaming severe winter weather for lower sales. The company, under pressure from hedge fund Barington Capital Group, said in December that it would spin off or sell its floundering Red Lobster chain.
NEW YORK, March 1- Veteran food industry investor C. Dean Metropoulos is seeking a new owner for Pabst Brewing Co, best known for blue collar-turned-hipster favorite Pabst Blue Ribbon label, people familiar with the matter said.
NEW YORK, March 1- Warren Buffett's Berkshire Hathaway Inc on Saturday signaled he plans to make more large acquisitions to expand a conglomerate that posted a record profit in 2013, helped by a recovering U.S. economy.
*Purchase may also signal China's goal to build a global trading firm. SINGAPORE/ HONG KONG, Feb 28- China's biggest grains trader COFCO Corp said it is buying a 51 percent stake in Dutch peer Nidera, in a deal that will give the world's most populous country direct access to South American grain and oilseed supplies.
SYDNEY, Feb 28- Normally at this time of year Australian meat processors are operating part time as cattle gorge on summer grass.
The White House and the U.S. Food and Drug Administration is proposing to change nutrition facts labeling. Meme Roth, National Action Against Obesity president, and Katherine Mangu-Ward, Reason Magazine managing editor, share their opinions.
Activist investor Nelson Peltz added more pressure to PepsiCo to split up the snack and beverage behemoth.
Azodicarbonamide, a bleaching agent used to make plastic products, is in hundreds of foods, a health advocacy group says.
A 20-ounce soft drink would now be a single serving, and so would a whole cup of ice cream, under the FDA's major revamp of food labels.
*4th- qtr loss from cont. ops C $0.13/ shr vs profit C $0.27/ shr. Feb 27- Canadian food processor Maple Leaf Foods Inc, which has been replacing production facilities and setting up a new distribution system, reported a quarterly loss that it blamed on the "tremendous" costs of the restructuring.
First lady Michelle Obama, who has used her White House position to launch the "Let's Move" campaign to fight childhood obesity, announced the proposal for the FDA. While the FDA already requires companies to list the amount of sugar in a product, under the proposal they would also be required to list the amount of added sugar.
Feb 26- Restaurant operator Noodles& Co reported weaker-than-expected fourth-quarter results, blaming the unusually cold winter in the United States, which it also said would hurt results in the current quarter.
DUBAI, Feb 25- Three years into Syria's war, some exporters who moved to neighbouring countries to escape the violence that has devastated many businesses now want to return home.
It's another step in Michelle Obama's campaign against obesity. NBC reports.
The cost of buying groceries is expected to rise 2.5-3 percent this year, reports CNBC's Jane Wells. A look at the USDA's report on food pricing.