Cerberus struck a $9 billion-plus deal to buy grocery giant Safeway—a tie-up that should be a win for the consumer.» Read More
Nelson Peltz is taking his bid to split up PepsiCo to its shareholders, the co-founder of Peltz's Trian Fund Management tells CNBC.
Argo Tea is trying to stay competitive against Starbucks' Teavana. Here's how the company is hoping to combat the coffee giant.
At a time when beer sales are slumping, Bud Light is finding success with its line of margarita-flavored malt beverages.
TGI Fridays, the global casual dining chain known for its red-striped canopies, is in advanced talks to sell itself to TriArtisan Capital Partners.
Online delivery company GrubHub plans to raise up to $100 million through an IPO.
PepsiCo said its board again rejected activist investor Nelson Peltz's renewed call to split the company's beverage business from its snacks unit.
Feb 27- PepsiCo Inc said its board again rejected activist investor Nelson Peltz's renewed call to split the company's beverage business from its flourishing snacks division. Cook said PepsiCo had analyzed the company's current structure and its beverage business and concluded that it was better off as a combined food and beverage company.
Quiznos is preparing to file for bankruptcy within a few weeks as it battles with declining sales, The Wall Street Journal reported.
McDonald's is planning to expand "build-your-own burger" concept, as it aims to adopt the customization trend in the fast-food industry.
Activist investor Nelson Peltz added more pressure to PepsiCo to split up the snack and beverage behemoth.
Azodicarbonamide, a bleaching agent used to make plastic products, is in hundreds of foods, a health advocacy group says.
A 20-ounce soft drink would now be a single serving, and so would a whole cup of ice cream, under the FDA's major revamp of food labels.
More than three decades after hitting the market, Diet Coke brand is experimenting with a frozen variety for the first time.
Junk food marketers may still be able to reach students. Here's how.
It's another step in Michelle Obama's campaign against obesity. NBC reports.
Swilling a Starbucks grande latte will cost you a dollar more in China than in the U.S., but Starbucks told CNBC the higher cost was justified.
Taco Bell is readying a breakfast menu, with items such as the AM Crunchwrap designed to appeal to its fan base of younger men.
McDonald's is in the early stages of looking at whether it can make breakfast available later in the day.
Corona Beer is moving beyond the bottle. The brand will be boosting its presence on tap in bars and restaurants.
"I think there's nothing but room for expansion," says Jeff Miller, who runs Diamond Mountain Ranch in California.