Pabst Brewing Co. sold to a Russian beverage firm after a century and a half of American ownership.» Read More
American consumers are up in arms about rising food prices and they will likely feel more of a financial pinch, courtesy of California's drought.
Use our interactive map to find out the cities hardest hit by rapidly rising food costs.
NBC's Stephanie Gosk reports the domestic cattle herd is the smallest it has been since 1951. The biggest culprit is California and the Southwest's record water shortages.
Chipotle's feeling the food cost pinch too and plans to pass along some of its increased costs to customers soon.
Shares of major drink makers got battered on Thursday after poor results from Diageo and Rémy Cointreau caused a sell-off.
Jonny Forsyth, global drinks analyst at Mintel, says China has been a "cash cow" for drink-makers, but the slowdown is having a big impact on sales.
Minneapolis- based Cargill had been in late-stage talks to buy the business, which spans bean pressing in Abidjan in Ivory Coast to fine chocolate making in Belgium. The combined company would have been big enough to rival Swiss chocolate maker Barry Callebaut, the world's largest industrial chocolate producer.
From spiced bourbon to a new #nevertamed campaign, here's what Wild Turkey is doing to capitalize on the bourbon boom.
The shift by the world's largest coffee chain comes after its low tax contributions in Britain provoked widespread criticism.
The bacon 'n' cheese sandwich that used two fried chicken filets instead of a bun is back at KFC, USA Today reports.
Shares of Sodastream rose as much as 12 percent after Calcalist identified PepsiCo, Dr Pepper or Starbucks as the potential investors in the firm.
Food prices are rising. After two months of sharp increase, grocers had no alternative but to raise their prices, making consumers unhappy.
Ex-Man United boss Alex Ferguson is auctioning thousands of bottles of vintage wine worth around £3 million ($5 million).
New research shows insurers' efforts to entice healthy eating with coupons are paying off. But are the foods as healthy as the savings?
LONDON, April 16, 2014-- Willis Group Holdings, the global risk adviser, insurance and reinsurance broker, today announces the launch of a new product contamination insurance proposition, in partnership with XL Group, Willis Limited's Food and Drink and Faber Global teams, and in association with BRC Global Standards– the world's biggest provider of safety and quality standards programmes for the food and beverages sector.
Coca-Cola showed a slight improvement in soda sales trends in the first quarter. But it a real turnaround may be a ways off.
Jon Cox, head of European consumer equities at Kepler Cheuvreux, comments on Nestle's earnings and highlights that currency weakness was a "big pain" for the group in the first quarter.
The "Squawk on the Street" news team discuss the soda market and break down Coca Cola's quarterly operating earnings which fell in line with Wall Street estimates.
Coca-Cola reported better-than-expected quarterly revenue, as strong sales in China more than offset a drop in Europe and flat volumes in North America.
ATLANTA, April 14, 2014-- Steve Tanner, President of Arylessence, Inc., an innovative fragrance and flavor company based near Atlanta, Georgia, was honored with the prestigious Eric Bruell Distinguished Service Award by the International Fragrance Association of North America.
The Suitsy connects the shirt to the pants to the jacket—a professional onesie fit to wear to work.
More than 127 million shares were traded within the first 15 minutes of Alibaba's market debut, launching a whirlwind day for the Chinese firm.
A U.S. judge said plaintiffs could request documents in the GM ignition switches cases.