A tipping point may be coming. A crowded marketplace was already pressuring winemakers to cut prices. Now, the drought is pushing up costs.» Read More
Hedge fund Starboard Value on Tuesday won consent from 54 percent of Darden shareholders to call a special meeting, sources told CNBC.
Five generations after it was founded, Leinenkugel Brewing is still run by the family and still trying to help those who just can't pronounce the name.
A form of powdered alcohol quickly became the subject of online controversy, and its maker immediately withdrew its license application.
A devastating disease is putting the world's banana crop at serious risk and threatening the income of millions of people.
Kraft Foods is recalling about 96,000 pounds of Oscar Mayer Classic Wieners because the packages may instead contain hot dogs made with milk.
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.
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.
Amid grim projections for first quarter GDP growth, "Fast Money" traders discussed how to play consumer-driven companies.
Prosecutors have settled with companies buying luxury cars and reselling them overseas, reports the New York Times.
Tesla's stock traded higher after the company announced a new product line. But it wasn't real.