May 4- Sysco Corp reported a lower-than-expected quarterly profit, hurt by higher costs and a strong dollar, a day before hearing begins on the Federal Trade Commission's motion to block the company's acquisition of rival US Foods Inc.. Sysco, the no. 1 U.S. food distributor, said on Monday that higher prices of meat, dairy and poultry products, expenses related to...» Read More
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.
Chicken wing prices have spiked, making this year's Super Bowl parties more expensive than last year. Maybe it's time to serve bacon instead of wings!
The bids for the snack cakes of bankrupt Hostess Brands will be intensely competitive, CEO Greg Rayburn predicted in a "First on CNBC" interview.
CNBC's Kayla Tausche talks with Greg Rayburn, Hostess Brands CEO, about how the company will break up its brands, when it holds a full auction in court on March 13th.
Hostess continues to find bidders for its various assets in bankruptcy. CNBC's Kayla Tausche reports the latest.
Summer Palace, a restaurant tucked inside one of the capital's most expensive hotels, offers the standard selection of Chinese delicacies: abalone, braised sea cucumber and imperial bird's nest soup, which sells for about 700 renminbi, or more than $100, a serving. Noticeably absent, however, is a mainstay of Chinese cuisine — shark fin soup. The NYT reports.
Beef is a delicacy in Bangladesh, but Hindu-majority India refuses to sell their sacred cows. The demand is so high, however, that a dangerous $920 million cow smuggling trade has popped up. CSM reports.
Last summer's drought has driven up the price of those Super Bowl party chicken wings. Chicken prices were up 6 percent in December, versus a year earlier - that's more than triple overall food prices.
The number of people seeking emergency treatment after consuming energy drinks has doubled nationwide during the past four years, the same period in which the supercharged drink industry has surged in popularity.
"The kiosk is the heart of the company," said Mark Rodriguez, Hickory Farms CEO, discusses the business of holiday gift-giving.
Retail executives, Tony Yurgaitis and George Malkemus, of Manolo Blahnik, discuss the outlook on luxury retail this holiday season and how they are fashioning a market for high-end dairy products.