WASHINGTON, Jan 30- Food distributor Sysco Corp and its biggest rival, US Foods Inc, have offered to sell a smaller competitor 11 facilities in order to convince skeptical antitrust regulators to approve their $3.5 billion merger, a source briefed on the matter told Reuters. The deal, proposed in December 2013, is seen as problematic because Sysco and US Foods are...» Read More
Workers at Chivas Brothers plant in Scotland have accidentally flushed thousands of gallons of the company's Scotch down the drain.
The USDA is likely to approve a horse slaughtering plant in New Mexico in the next two months, which would allow equine meat suitable for human consumption to be produced in the United States for the first time since 2007. The NY Times reports.
Patrick Coveney, CEO of Greencore, says to win back consumer confidence after the horse meat scandal, common standards have to be set for the food supply chain.
A new report sheds light on this dirty secret of the food industry: Cheap fish is widely passed off as more expensive varieties.
ConAgra Foods is raising its earnings forecast to account for its $5 billion acquisition of food maker Ralcorp and better-than-expected results from its consumer foods and commercial foods segments.
Farmland values in the U.S. Plains states jumped more than 20 percent in the fourth quarter from a year earlier.
The surprise deal that saw Berkshire Hathaway and 3G Capital Management swoop in this with a $28 billion bid for ketchup maker H.J. Heinz came with an interesting wrinkle that links two burger giants.
Just take a look at his portfolio to find out. CNBC's Chloe Cho and Deirdre Wang-Morris discuss the wizard of Omaha's food-related stocks in light of his recent purchase of ketchup maker Heinz.
H.J. Heinz confirmed Thursday that it agreed to be acquired by Berkshire Hathaway and 3G for $28 billion.
Discoveries so far of horsemeat in products sold as beef are likely to be the "tip of the iceberg", a British parliamentary report into the scandal said on Thursday.
In tough times poverty stricken rural Romanian farm owners sell their old workhorses to slaughterhouses to make a little extra cash, and begin a process whereby horsemeat winds up on the dinner table.
Venezuela might have the world's cheapest gas. But if you are heading through a McDonald's drive-thru, don't expect the same deal: It's got the most expensive Big Mac in the world. The Christian Science Monitor reports.
Don Meij, CEO, Domino's Pizza tells CNBC says more and more consumers in Australia are using mobile phones to order pizza. He says Domino's Pizza is growing its online presence and digital platforms.
Six big French retailers said on Sunday they were recalling lasagna meals and other products suspected of being mislabeled after the discovery of horsemeat in beef products.
The French and British governments promised on Saturday to punish those found responsible for selling horsemeat in beef products at the heart of a growing scandal.
Testing has confirmed that beef lasagna produced by food manufacturer Findus contained horsemeat, Britain's Food Standards Agency (FSA) said on Thursday.
Could Styrofoam containers get 86'd from the menu of takeout food options in the nation's biggest city?
Sally Smith, President and CEO of Buffalo Wild Wings, explains why she decided not to advertise during the Super Bowl, when more than 8 million wings are served.
Domino's sells more than 11 million pizza slices on Super Bowl Sunday. Patrick Doyle, President & CEO of Domino's Pizza, discusses how the company fared last night during the big game.
McDonald's said it is offering its first new Happy Meal entree in a decade: Fish McBites.