Cerberus struck a $9 billion-plus deal to buy grocery giant Safeway—a tie-up that should be a win for the consumer.» Read More
ConAgra will continue to make acquisitions a key to its growth strategy even after the Ralcorp deal, CEO Gary Rodkin told CBNC on Thursday.
Hedge Fund guru Bill Ackman strongly defended his characterization of Herbalife,as a "pyramid scheme" on Thursday, telling CNBC that the nutrition company was luring "millions of low income people around the world" into a system he called fraudulent.
Food safety authorities have shut down two chicken farms in eastern China, including one that supplied Yum Brands' KFC and McDonald's.
Whole Foods co-CEO Walter Robb discusses what's next for the company, saying his team is working on expanding its store count, and expects to have 20 percent private-label brands on their shelves.
After high food inflation sapped demand for Cheerios and other General Mills foods in 2012, CEO Ken Powell told CNBC on Tuesday he's expecting a pick up in sales volumes next year.
Darden Restaurants reported quarterly earnings that were in line with analysts' lowered expectations, as unsuccessful promotions led to a decline in sales.
Talk about the world coming to an end on 12/21/12 raises a question that some say could be the very reason for the globe's demise: Is there a way to make a profit from all this doomsday scenario?
Diageo and Pernod-Ricard are predicting fizzy sales this December as Americans make merry at holiday parties.
Fast food giant KFC's Chinese subsidiary pledged on Tuesday to work with authorities in investigating claims by state television that its chicken suppliers had injected anti-viral drugs and growth hormones in its poultry.
General Mills reported quarterly earnings Wednesday that beat analysts' expectations.
Heinz expects its emerging market sales to double in the next 3-5 years, with Bill Johnson, H.J. Heinz CEO; Brian Kelly, Shelter Harbor Capital; David Riedel, Riedel Research; and Tim Seymour, Triogem Asset Management.
NEW YORK, Dec. 17, 2012-- Pomerantz Grossman Hufford Dahlstrom& Gross LLP is investigating claims on behalf of investors of Caribou Coffee Company, Inc. concerning the proposed acquisition of Caribou Coffee Company, Inc. by an investor group led by Joh.
McDonald's is bringing back a customer favorite, the McRib. Do limited time offers boost sales? Rachael Rothman, Susquehanna, and Nicole Miller Regan, Piper Jaffray, offer insight.
DETROIT, Dec. 14, 2012-- Nano Labs Corp. is pleased to announce it has been awarded a provisional patent number61, 735,705 for its original nano nail polish and lacquer, the third advanced nanotechnology product the Company has introduced in as many months. Victor Castano, CEO of Innovation at Nano Labs. "
Just 15,000 packs of six bottles of Westvleteren 12 were sold in the United States at $85 each this week.
Dec. 12, 2012, will see the final release of The Stone Brewing Company Vertical Epic Ale series, one of the longest running undertakings in craft beer.
Brewer Tom Seefurth made a beer brewed with basil, oregano, tomato and garlic that tastes like pizza. The combination not only worked as a beer, it helped him save his home.
Washington bar owner Frank Schnarr are giving pot stoners options when it comes to where they can light up by becoming the first bar owner in the state to allow customers to light up. However, is it legal?
The CNBC All-America Economic Survey finds deep pessimism about future economic growth enveloping Americans as they hunker down from the effects of higher gas and food prices and fear that those prices could remain elevated for years.
With a little creative packaging and a lot of innovation, spirits manufacturers are expanding the market. Check out some of the most unusual ways businesses are innovating in the world of alcohol.