SAO PAULO, Dec 17- Brazilian billionaire Abilio Diniz agreed to buy a 10 percent stake in Carrefour SA's Brazilian unit, a source with direct knowledge of the situation said on Wednesday, potentially strengthening its ability to take on the supermarket chain Diniz's father founded. Under terms of the deal, Diniz, whose Peninsula Participações holding...» Read More
Wrigley has temporarily halted the production of its Alert caffeinated gum as the FDA's investigates the safety of caffeine-added foods.
Green Mountain announced it's extending its partnership with Starbucks and delivered earnings that topped expectations. GMCR shares jumped after-hours.
Just a quarter of the corn crop normally planted by this time of year is in the ground, but this could still be a bumper crop if the weather cooperates.
Billions of honeybees keep dying each year. The demise of the bees is raising concerns about the cost to the nation's food supply and the sustainability of the beekeeping industry.
Tyson Foods reported a weaker-than-expected quarterly profit as shoppers and restaurants switched to cheaper chicken from beef, and the company cut its full-year sales forecast.
Shanghai authorities are testing mislabeled mutton from a wholesaler that supplies a chain of hot pot restaurants run by U.S. fast food firm Yum Brands.
Kristen Coia, food and retail analyst at Motley Food and Helena Bottemiller, Washington correspondent for Food Safety News, discuss food safety following a scandal at Yum China.
Del Frisco's Steak House went public in July of 2012 and the stock is up 34 percent since then. Bryan Elliott, Raymond James senior restaurant analyst, discusses why he has upgraded the stock to a "buy" rating.
The secret recipe of Dr Pepper is inside a vault at the company's headquarters, reports CNBC's Jane Wells. Dr Pepper Snapple is doubling down on marketing in the current quarter.
The Girl Scout cookie season will once again rake in record revenues. Many do not realize the scale of the "girl scout economy," reports CNBC's Kayla Tausche.
The classic Twinkie will hit store shelves nationally by late July, Hostess Brands told NBC News.
CNBC's Brian Shactman breaks down Yum! Brands' Q1 earnings.
In a growing trend, Dairy Crest, one of Britain's top producers of dairy products, has transferred 20,000 pounds of cheddar cheese to its pension fund.
As the fast food giant is set to hike prices in Japan, find out why this is a boost to 'Abenomics.'
Antibiotic-resistant bacteria—often called "superbugs"—are entering the nation's food system and endangering consumers at an alarming rate, according to an analysis of government data.
Sales growth at food group Nestle slowed to 4.3 percent in the first quarter, as demand in emerging markets slowed further and cold spring weather hit bottled water and ice-cream sales.
Fairway hopes the investing public will aid in its expansion after its stock starts trading for the first time. The New York Times reports.
France found more cases of illegal horsemeat in beef products than any other EU country, early results of DNA tests ordered in the wake of the scandal showed.
Thailand is set to sell half-a-million tons of rice on world markets at a loss, as it scrambles to offload a record stockpile deteriorating in quality in warehouses filled with grain.
The IPO of Pinnacle Foods priced at $20 a share, at the high end of the range. One trader said the stock could pop on its debut Thursday amid expectations of a "hefty dividend."