Kraft Foods is recalling about 96,000 pounds of Oscar Mayer Classic Wieners because the packages may instead contain hot dogs made with milk.» Read More
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.
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.
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.
Nespresso hopes to tap the U.S. coffee market after the company revealed a new machine that serves larger cups of coffee.
Nestlé announced Tuesday that it was voluntarily recalling two of its Hot Pockets products following a wider meat recall.
Your daily K-Cup habit shouldn't get more expensive as coffee commodity prices skyrocket, Green Mountain Coffee Roasters' CEO told CNBC.
Coca-Cola reported quarterly earnings matched analysts' expectations on Tuesday.
The portion of households reporting purchases of gluten-free food products to Nielsen hit 11 percent last year, rising from 5 percent in 2010. The NYT reports.
Cocoa prices jumped 21% in 2013, and global demand is ballooning for this nearly $99 billion commodity. Craving chocolate? It's gonna cost you.
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