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
Arvind Ramakrishnan, head of Asia at Maplecroft, explains how the Philippines' "catastrophic" devastation will impact its economy -- especially its food and beverage sector.
The assertion by Walter Robb of Whole Foods on Friday followed news that the FDA has proposed banning transfats in processed food.
McDonald's Corp reported lower-than-expected comparable-restaurant sales for October as sales fell in Japan.
SHANGHAI, Nov 8- The Coca-Cola Co said it will invest over $4 billion in China and build new plants between 2015 and 2017, to counter competition which is chipping away at its share of the country's 421 billion yuan soft drinks market.
Since 2005, food companies have eliminated over 73 percent of the transfats in their products.
The FDA has labeled transfats unsafe and says a rule to remove the substances from the food supply could help prevent 20,000 heart attacks every year, reports CNBC's Eamon Javers.
The move to ban trans fats could prevent 20,000 heart attacks a year and 7,000 deaths, FDA Commissioner Margaret Hamburg said.
SALINITAS, El Salvador, Nov 6- Green Mountain Coffee Roasters Inc, the world's biggest fair-trade coffee buyer, expects to purchase about a fifth more coffee during the new fiscal year, up from 180 million pounds last year, said a top company buyer.
Fans of "Mexican Coke" in the US need not worry about losing the cane sugar that sweetens their favorite drink.
What has two all-beef patties, special sauce, lettuce, cheese, pickles and onions on a sesame bun? Burger King's latest sandwich.
Wine plays an important role in "Downton Abbey," and one company saw an opportunity to create a line of wines named for the wildly popular miniseries.
Kellogg says it plans to trim its global workforce by 7 percent, with the breakfast foods maker citing weaker-than-expected sales for the year.
Coffee wars between top U.S. brands are set to intensify as coffee houses battle to attract the Hispanic consumer.
According to a report, there is a rising risk of a global wine shortage, which could lead to higher prices and increased demand for exports.
Halloween candy sales are projected to top $2.3 billion, up 1 percent from last year.
Investors have made some nice profits on chocolate stocks and with growth in Asia exploding, the chocolate outlook is strong, this trader says.
A California factory town's attempt to shut down production of Sriracha sauce heads to court until the company gets rid of the plant's smelly fumes.
Shares of the maker of home carbonation kits tumbled 9.2 percent Wednesday, to $57.86, after sales fell short of expectations.
CNBC's Jane Wells digs into Starbucks' Q3 data and whether it truly was, as CEO Howard Schultz said, the best year in company history.
It might sound like whacky science, but the latest food revolution is an attempt to bring sustainable food to the fore.