NEW YORK, March 27- The macaroni and ketchup merger of Kraft Foods Group and H.J. Brazilian private equity firm 3 G Capital Partners and Warren Buffett's Berkshire Hathaway announced a $46 billion deal to consolidate the companies Wednesday, one that will create the No. 3 packaged food maker in North America after PepsiCo and Nestle USA.. That should take some...» Read More
The USDA shut down Foster Farms poultry plant in Calif. due to cockroach infestations. The plant was previously closed due to salmonella outbreaks.
A recent outbreak of food poisoning has led to calls for tougher inspection measures even as the government begins reforming food safety rules.
Sales of Hormel's signature meat-in-a-can Spam rose around the globe, said CEO Jeffrey Ettinger. And a new teriyaki SPAM was just rolled out in Hawaii, he added.
A bacterial strain of E. coli linked to a California catering company has forced a recall of more than 90 tons of prepackaged salads and sandwiches.
Sean Connolly, Hillshire Brands CEO, discusses how commodity prices are impacting the company's growth prospects, competing for consumers and why M&A is part of their game plan.
Starboard Value has received "non-binding written indications of interest" for its Smithfield Foods assets, the company said on Tuesday.
Although shares of many packaged food companies are hitting all-time highs, there is still room at the table for new investors to join the food stock feast.
Consumer packaged-goods makers have gotten creative with how they pass on rising costs and maintain bottom lines. Prices stay the same, but it contains less product.
An estimated 870 million people suffer from hunger on daily. But the problem isn't that we have too little food, experts say—it's what we do with the food we have.
Although many consumers may be under the false impression that Twinkies last forever, they do in fact have a shelf life, and that's about to increase.
Dean Metropoulos, chairman and CEO of C. Dean Metropoulos & Co., discusses the relaunch of Hostess snack brands.
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.
Amid a slow-growth environment for US manufacturing, one American company is bucking the trend as Americans embrace juicing, which has driven sales higher.
Sen. Debbie Stabenow, (D-MI), discusses increasing Congressional scrutiny of food safety on the heels of Smithfield Foods takeover bid from Chinese meat producer Shuanghui.
Hummus sales are booming, and Sabra is on a quest to convince Americans to eat even more. Is it the next peanut butter?
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?
Smithfield Foods bought by China's largest meat producer, Shuanghui, is facing regulatory and political scrutiny, reports CNBC's Michelle Caruso-Cabrera.
The world's largest hog farming and pork processing company has agreed to be acquired by China's largest meat processor, reports CNBC's Michelle Caruso-Cabrera.
Parents might not recognize E. Robert Kinney by name, but they owe him a debt of gratitude for popularizing what might be the only kind of fish their kids will eat.
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.