NORTHFIELD, Ill.— Kraft shareholders have approved the sale of the company to ketchup maker H.J. Heinz, creating one of the world's largest food companies with annual revenue of about $28 billion. Heinz' owners, Warren Buffett's Berkshire Hathaway and the Brazilian investment firm 3 G Capital engineered the deal, first announced in March, and will control 51...» Read More
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.
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.