The world's biggest restaurant chain set a capital spending target of about $2 billion for this year as it looks to recover from a food scandal in China and fend off intense competition in the United States. In the United States, the company has been losing customers to fast-casual chains such as Chipotle Mexican Grill and Shake Shack Inc..» Read More
In Illinois, we’ve experienced the sixth-driest growing season on record. Of 102 counties, 100 are disaster areas, the state's governor addresses the issue of what's been done and what still needs to happen to help his state.
The Senator from Kansas writes, "We need to approve this drought assistance to ensure livestock producers can continue providing us with the most affordable and safe food supply in the world."
G20 countries are to step in to try and co-ordinate a response to surging food prices, after the worst U.S. drought in half a century devastated crops in the world’s largest agricultural exporter, the Financial Times reports.
Some entrepreneurs are finding success in unique foods that are healthy, spicy or gluten-free. Is a niche food company right for you?
Sattler, however, isn't using cow manure but pig manure in an additive he's testing which can replace up to 15 percent of asphalt. A pilot project in Missouri "shows no signs of deterioration" and "appears to be performing well after having been in place for a year."
Check out Cramer’s interview with CEO David Wenner.
The world is facing a new food crisis as the worst US drought in more than 50 years pushes agricultural commodity prices to record highs.
CNBC's Jane Wells reports on the latest trades in corn and grain after a government report predicts significant cuts in yields.
China said Tuesday that it would prohibit official banquets from serving shark fin soup, an expensive and popular delicacy blamed for a sharp decline in global shark populations. The NYT reports.
In sum, to ensure a world where hunger does not overwhelm society, bold leadership will be necessary to preserve civility in the global neighborhood.
Hemp is one of the most versatile crops in the world. For food products, only the hemp seed is used. The rest of the plant — the stalk or fiber, can be used for clothing, building materials or energy.
New York City plans to enact a far-reaching ban on the sale of large sodas and other sugary drinks at restaurants, movie theaters and street carts, in the most ambitious effort yet by the Bloomberg administration to combat rising obesity, the New York Times reports.
George Osborne’s political roasting over hot pies intensified on Monday after the chancellor was forced into a £40m retreat on his proposed “pasty tax”, as the Budget showed new signs of unraveling, the FT reports.
An update on Facebook shares and the top three trades of the day, with FMHR trades. Also, CNBC's Jane Wells reports healthy foods cost less money per portion size than non-organic foods, and shares of Hain Celestial are up 50% year-to-date.
If Americans ever eat genetically engineered fast-growing salmon, it might be because of a Soviet biologist turned oligarch turned government minister turned fish farming entrepreneur, the New York Times reports.
With a little creative packaging and a lot of innovation, spirits manufacturers are expanding the market. Check out some of the most unusual ways businesses are innovating in the world of alcohol.
Bob Bazell, NBC News reports on the first case of mad cow disease to surface in the U.S. in six years. The USDA is assuring consumers there is no danger of meat from the California dairy cow entering the food chain.
Pizza lovers are fighting back, making an impressive marketing attack with the new Pizza Shirt.
If you're worried about how yours might fare during a downturn, consider a recession-proof industry, which caters to ongoing demands.
For the first time in history, it may be considered frugal to eat out!