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Food and Beverage

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  • STOCKHOLM, May 23- Norway's Orkla, Danish brewer Royal Unibrew and private equity firm Nordic Capital have proceeded to the second round of bidding for Heineken's Finnish division Hartwall, three people familiar with the matter said.

  • US Core Market Still Under Pressure: SABMiller CEO  Thursday, 23 May 2013 | 2:00 AM ET

    Alan Clarke, CEO of SABMiller, comments on full-year earnings and says that most markets are growing except the U.S. core market which remains under pressure.

  • NJ Says Bars Peddled Cheap Booze as Premium Liquor Wednesday, 22 May 2013 | 2:56 PM ET

    N.J. officials have seized inventory and demanded records from 29 bars and restaurants that allegedly sold cheap liquor to patrons who thought they were buying premium brands.

  • Wine aged in Charleston Harbor recovered Wednesday, 22 May 2013 | 11:20 AM ET

    CHARLESTON, S.C.-- A California winery on Tuesday recovered four cases of Cabernet Sauvignon that were submerged in Charleston Harbor three months ago in the first phase of an experiment to determine the effect of ocean aging on wine.

  • SOFTS-ICE coffee sets contract lows, sugar edges up Wednesday, 22 May 2013 | 7:41 AM ET

    LONDON, May 22- Arabica coffee futures on ICE set contract lows on Wednesday as the market extended recent losses linked to ample supplies and a favourable outlook for the crop in top producer Brazil. July arabica coffee on ICE stood 0.55 cent or 0.4 percent weaker at $1.3215 per lb at 1111 GMT after setting a contract low of $1.3205.

  • Corn Prices Tumble on Record Crop Planting Pace Tuesday, 21 May 2013 | 8:09 PM ET

    Corn futures skidded to multi-week lows on reports that U.S. farmers are catching up with crop plantings.

  • A Low-Wage US Contractor Just Cooked Your Burger Wednesday, 22 May 2013 | 4:47 PM ET
    People hold signs during a protest for better wages for fast food workers.

    Workers demanding a minimum wage increase have staged walkouts across the country, saying they can't survive on the money they make. Can they get anything done?

  • States Bring Renewed Swagger to Top States 2013 Wednesday, 22 May 2013 | 7:46 AM ET

    CNBC has been ranking all 50 states for competitiveness since 2007. This year's report comes as states continue to get back in fighting shape—fighting for jobs, that is.

  • Hungry for a Merger: GrubHub, Seamless to Combine Monday, 20 May 2013 | 2:39 PM ET

    Rival online takeout services Seamless North America and GrubHub will combine and create a company covering more than 20,000 restaurants in 500 U.S. cities.

  • Beer Me Up Scottie: Star Trek Brew To Be Released Friday, 17 May 2013 | 5:48 PM ET

    Star Trek is licensing its first official alcoholic beverage, Dogfish Head Brewery and the Grateful Dead team up for a brew.

  • Yum or Yuck? Cutting-Edge Restaurant Menu Items Friday, 17 May 2013 | 5:04 PM ET

    Hoping to increase sales and traffic in their restaurants, fast-food and fast-casual operators are upping the menu innovation to produce items that stray from the gastronomic norm.

  • The Man Who Gave America Fish Sticks Is Dead Thursday, 16 May 2013 | 3:34 PM ET
    Fish sticks, the ultimate starter seafood.

    Parents might not recognize E. Robert Kinney by name, but they owe him a debt of gratitude for popularizing what might be the only kind of fish their kids will eat.

  • Food Supply Under Assault as Climate Heats Up Thursday, 16 May 2013 | 12:41 PM ET

    The food supply is under siege from a blitz of man-made hazards, from arsenic-laced chicken to dying bee colonies, and some favorites may someday vanish from the plate.

  • Restaurant Sales Hit New High as Frugality Fades Thursday, 16 May 2013 | 7:53 AM ET

    More Americans say they are less frugal than they were a few years ago. Time to release that pent-up desire to eat out, a survey suggests.

  • Next Group That May Be Slammed by Debt: Farmers Thursday, 16 May 2013 | 10:36 AM ET

    It would take a perfect storm, but there are worries the current economic boom for farmers could turn into a bust. The issue is how much debt farmers take on.

  • Watch Out, McD's! Burger King Plans McRib Rival Wednesday, 15 May 2013 | 8:56 AM ET
    Burger King's new rib sandwich will compete with McDonald's McRib.

    Burger King will unveil its 2013 summer menu plans, highlighted by a new, limited-time BK Rib Sandwich, which is boneless like McDonald's McRib.

  • Monster Beverage gains some traction Tuesday, 14 May 2013 | 1:44 PM ET

    NEW YORK-- Monster Beverage shares are gaining some traction less than a week after the energy drink maker reported disappointing first-quarter results and a slowdown in sales.

  • McDonald's to Add Three Quarter Pounders Tuesday, 14 May 2013 | 10:56 AM ET

    McDonald's is adding three new Quarter Pounders to its menu as the fast-food chain looks to offer cheaper premium burgers while capitalizing on one of its most popular brands.

  • Taco Bell's Latest Creation: The Waffle Taco Tuesday, 14 May 2013 | 10:07 AM ET

    Yum Brands' Taco Bell is quietly testing a waffle taco at three Southern California locations, as it looks to expand its breakfast offerings.

  • How Nutrition Impacts Developing Markets  Tuesday, 14 May 2013 | 3:45 AM ET

    Jamie Cooper-Hohn, president and CEO of CIFF, explains the impact poor nutrition has on economic growth and estimates an 11% GDP loss for Africa and south-East Asia due to under-nutrition.