WASHINGTON, Jan 30- Food distributor Sysco Corp and its biggest rival, US Foods Inc, have offered to sell a smaller competitor 11 facilities in order to convince skeptical antitrust regulators to approve their $3.5 billion merger, a source briefed on the matter told Reuters. The deal, proposed in December 2013, is seen as problematic because Sysco and US Foods are...» Read More
Starboard Value has received "non-binding written indications of interest" for its Smithfield Foods assets, the company said on Tuesday.
If U.S. law is changed to allow the Post Office to deliver beer, wine and spirits, it could help the cash-strapped agency and drive alcohol sales. But other challenges linger.
Hog farmers in the U.S. and China are grappling with an intestinal virus that is almost 100 percent fatal in young pigs. CNBC's Jane Wells reports that the bug has spread to hog farms in 16 states. (Also, what Jane thinks about TripAdvisor's pizza survey.)
Some of the most innovative companies in New York are taking notice of a new start-up that looks to redefine the way we drink coffee in the office.
No strangers to food in the fast lane, a handful of former McDonald's executives, are trying to crack the code on providing food on the go that tastes good and is good for you.
CNBC's Jane Wells has all the details from the Smithfield Foods hearing.
Chinese plans to buy America's Smithfield Foods face scrutiny when U.S. senators question Smithfield's chief executive about food safety and foreign ownership.
Jodi Berg, CEO of VitaMix, discusses how her high-performance blending machines are stirring up the food industries and growing sales.
Colorado-based company OnTap says its flavor enhancer provides craft-beer taste without the extra cost.
Fruit and fresh vegetable distributor Dole Food said it received an unsolicited offer from Chief Executive David Murdock, who put an enterprise value of $1.5 billion on the bid.
Canned beer was once frowned upon, now it's here to stay as consumers and brewers alike become more comfortable with the idea of beer in a can.
Despite the high revenue, the profit margins in the grocery business traditionally have been low, but that hasn't stopped retail giants Amazon and Wal-Mart from escalating the national food fight. What gives?
A Taco Bell employee shown on Facebook licking a stack of taco shells will no longer work for the franchise, according to a company statement. His photographer is also gone.
Taco Bell on Monday reacted to a picture posted on Facebook that appears to show a company employee licking a stack of taco shells.
Can an olive oil shortage present a glut of opportunity? It depends on how you manage your business.
North America's largest chocolate manufacturer Hershey's is veering away from tradition to bite into the world's fastest growing candy market with the launch of a new milk candy made especially for China.
Star Trek is licensing its first official alcoholic beverage, Dogfish Head Brewery and the Grateful Dead team up for a brew.
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.
Tyson Foods reported a weaker-than-expected quarterly profit as shoppers and restaurants switched to cheaper chicken from beef, and the company cut its full-year sales forecast.
Shanghai authorities are testing mislabeled mutton from a wholesaler that supplies a chain of hot pot restaurants run by U.S. fast food firm Yum Brands.