NEW YORK— Deal makers from New York to London had a busy first half of the year, and mega-mergers drove the frenzy. Companies around the world announced mergers and acquisitions worth $2.3 trillion, according to figures from data provider Dealogic, the second-best half-year total on record and the highest amount since 2007, when $2.6 trillion of deals were...» Read More
Americans are changing how they eat. Dinner for four is being replaced by dinner alone, with kale, and maybe some picante sauce.
CNBC asks the Tasting Table editors to break down which doughnut is the best bang for your buck.
Today is National Doughnut Day. Here's what you need to know.
Nigel Travis, Dunkin' Brands chairman & CEO, discusses the history of Doughnut Day, and shares his thoughts on the company's new products, and expansion plans.
The company made a net loss of 140 million roubles, compared to a net profit of 667 million roubles a year earlier, although revenue grew 28 percent to 64 billion roubles. Many Russian food retailers increased direct imports after Moscow imposed a ban on Western food products last August in retaliation to sanctions over Ukraine, and a sharp drop in the rouble...
Food group Nestle has withdrawn Maggi instant noodles from sale in India citing "an environment of confusion for consumers," after a food scare.
CNBC's Morgan Brennan reports the bird flu, which wiped out 12 percent of the nation's egg supply is sending egg prices to record levels.
The USDA has been developing a vaccine against bird flu and was weighing whether to release it to drug makers for widespread production. Turkey producers in Minnesota, where nearly 9 million birds have been affected by the disease since the beginning of the year, had asked the USDA to approve use of a vaccine to help prevent further infections.
CNBC's Mandy Drury and Brian Sullivan walk through the most caloric foods at chain restaurants.
June 3- Hamburger chain Wendy's Co said it would buy back $1.4 billion of shares by the end of 2016, including $211 million from Nelson Peltz's Trian Group, its largest shareholder. The company also adjusted its full-year earnings forecast on Wednesday to reflect the sale of its bakery operations. Wendy's said it expected 2015 adjusted earnings of 31- 33 cents...
BOSTON, June 2- Billionaire investor William Ackman's hedge fund has taken a position in Nomad Foods Limited, a young company created to make acquisitions in the food industry, according to a release made by the London Stock Exchange on Tuesday. Pershing Square crossed the 20 percent threshold on the Nomad stake on May 26, according to the filing.
General Mills can score points with millennials and take advantage of the buzz, says a branding expert
Don't be the first to pass on higher costs, says diner owner Andrew Loucas.
Some of the most recognizable American food and beverage brands have fallen out of favor with U.S. consumers, while smaller brands are gaining favor.
June 2- Kraft Foods Group Inc and Mondelez International Inc petitioned a judge to dismiss two counts in a case filed by the U.S. Commodity Futures Trading Commission that alleged the companies manipulated wheat prices. The CFTC in April accused Kraft Foods and Mondelez of making massive bets in Chicago's futures markets in late 2011 as part of a plot to drive...
NEW YORK, June 1- Nomad Holdings Ltd is hot for more frozen food deals following its $2.8 billion acquisition of Iglo Foods Holdings Ltd, even as the category faces an image problem as some consumers opt for fresher fare. According to market research firm Euromonitor International, Iglo held a roughly 3 percent share of the global frozen food market, second only to...
June 1- Foster Farms, one of the top U.S. chicken producers, plans to largely eliminate antibiotics used to treat humans from its poultry production, it said on Monday. The move brings California- based Foster Farms in line with other top chicken producers, including market leader Tyson Foods Inc, that are backing away from using the drugs over concerns about...
*Chicken prices in western India soar to record 95 rupees/ kg. MUMBAI, June 1- Chicken prices in India soared to a record high after a heat wave killed more than 17 million birds in May, as temperatures regularly above 40 degrees Celsius led to mounting casualties among livestock as well as humans. India has been struggling to export corn after global prices hit...
There have only been four flu pandemics since the start of the 20th century, yet concerns are widening about the potential for a new outbreak.
Amazon is adding food and household products to its private label "Elements" line.