CHICAGO, May 22- The world's largest corn processor, Archer Daniels Midland Co, is shifting focus from its long-standing cash generator ethanol into developing new food ingredients as the biofuel boom that underpinned its financial success has cooled. "Coming up with new products is really what keeps us up at night," said Chris Cuddy, president of corn processing.» Read More
Shares of Whole Foods Market dipped more than 18 percent when trading began Wednesday morning, and CNBC's Jim Cramer calls the move a 'loss of faith.'
Whole Foods Market cut its 2014 same-store sales and earnings forecast for the third time amid rising competition.
Americans devote a smaller portion of their overall budget to groceries than most other countries, experts say.
Everyone will be surprised by how many flagship Starbucks will open in coming years, CEO Howard Schultz tells CNBC.
This summer Taco Bell will test U.S. Taco Co., a hush-hush, fast-casual restaurant project, in Huntington Beach, Calif., USA Today reports.
Fresh off posting quarterly earnings, Starbucks CEO Howard Schultz tells CNBC that his company "can do for tea what we've done for coffee."
Hedge fund manager Tom Sandell has nominated a slate of eight directors to the board of Bob Evans Farms, the latest salvo in his activist campaign.
Hedge fund Starboard Value on Tuesday won consent from 54 percent of Darden shareholders to call a special meeting, sources told CNBC.
The state's inquiry is the latest hurdle for the direct-sales nutrition company.
A new agreement requires GrubHub to ensure fees it charges restaurants for its service does not sap tips from delivery people or other workers.
The shift by the world's largest coffee chain comes after its low tax contributions in Britain provoked widespread criticism.
Food prices are rising. After two months of sharp increase, grocers had no alternative but to raise their prices, making consumers unhappy.
Coca-Cola showed a slight improvement in soda sales trends in the first quarter. But it a real turnaround may be a ways off.
With rising food rates and an increase in food imports, food fraud is a growing problem that costs the industry up to $15 billion a year.
Wal-Mart will provide shoppers with organic food options at the same price as its nationally branded non-organic items.
CNBC highlights some of the consumer goods that have slimmed down in recent years but have stayed near the same price point.
In a new measure, food companies will be asked to label their products as "blend" if sweeteners are added to honey, in an effort to regulate food.
After several Asian missteps, Wal-Mart is taking a slow and careful approach, targeting only its three current regional markets, the Asia CEO said.
Dominique Ansel Bakery, home of the original cronut, was shut down after a customer posted video of a mouse roaming its floors, according to a report.
As fans brown bag it in honor of National PB&J Day, it turns out the childhood staple isn't quite the bargain it used to be.