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
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.
The classic Twinkie will hit store shelves nationally by late July, Hostess Brands told NBC News.
The maker of Chef Boyardee pastas and Hunt's ketchup reported a 57 percent fall in third-quarter profit, hurt by costs related to its acquisition of Ralcorp.
Beer lovers have plenty of options, but which label do consumers love the most? The madness is underway. Vote for your favorite.
The IPO of Pinnacle Foods priced at $20 a share, at the high end of the range. One trader said the stock could pop on its debut Thursday amid expectations of a "hefty dividend."
Sally Smith, President and CEO of Buffalo Wild Wings, explains why she decided not to advertise during the Super Bowl, when more than 8 million wings are served.
Hormel Foods apparently has a hankering for a peanut butter and bacon sandwich. The company known for Spam and other deli meats said Thursday it's buying Skippy.
A Texas-born quickie mart chain explodes across tropical Asia. The Global Post reports.
Hostess Brands, the maker of Twinkies, Wonder Bread and other household-name products - said it would seek this week to liquidate the company unless enough workers stopped striking by the end of the workday on Thursday.
CNBC's Robert Frank gives viewer a rare look inside a meat locker holding a million dollars worth of steaks.
The managing partner of Google's venture capital, Bill Maris, says under-investment in health sciences is short-sighted.
The goal is to enable physicians and pharmaceutical companies to use complex genetic data to tailor treatment on an individual basis, according to Mike Pellini, CEO of Foundation Medical.
Qualcomm's CEO Paul Jacobs says the smart phone will become a focal point for wirelessly connecting medical devices, diagnostics and sensors, and providing near real-time information.
The aging of America is taking a toll on the health care system. By 2050, the cost of treating Alzheimer's patients will hit $1 trillion a year.
The average US refrigerator is 15 percent larger than 30 years ago, and one out of four homes has a second one. See a problem?
Local foods sales are booming, having doubled to $11 billion in the past ten years. Wal-Mart, Safeway and other big firms are trying to cash in.
With 12 million Americans allergic to one food item or another, sales of specialty foods are soaring.
A possible global bacon shortage has serious implications, reports CNBC's Jane Wells.
Restaurant sales are projected to grow 2.8 percent in Q3 versus 3.5 percent one year ago.
In sum, to ensure a world where hunger does not overwhelm society, bold leadership will be necessary to preserve civility in the global neighborhood.