*Luanda offers contrasts of conspicuous wealth and poverty. LUANDA, April 23- In Luanda's Jumbo supermarket, a half-litre tub of imported vanilla ice-cream used to cost $25, testament to the Angolan capital's rank as one of the world's most expensive cities.» Read More
A devastating disease is putting the world's banana crop at serious risk and threatening the income of millions of people.
WASHINGTON— Count Supreme Court Justice Anthony Kennedy among consumers who feel misled by a beverage called "Pomegranate Blueberry Flavored Blend of 5 Juices."
Kroger rose$. 23 or. 5 percent, to $44.51. Safeway fell$. 02 or. 1 percent, to $34.10. Supervalu fell$. 01 or. 1 percent, to $6.91.
OAK BROOK, Ill.— TreeHouse Foods is buying private label food and beverage company Protenergy Natural Foods for 170 million Canadian dollars. TreeHouse Foods Inc. is buying Protenergy from Whitecastle Investments Ltd., Whitecap Venture Partners and others.
LITTLE ROCK, Ark.— Two months after Arkansas agricultural officials gathered at the Governor's Mansion to announce efforts to revitalize the "Arkansas Grown" program, nearly 150 farmers and buyers have added their names to a list of willing project participants.
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.
NEW YORK— In a story April 17 about restaurant sales, The Associated Press reported erroneously that the average sales in a Starbucks location in 2013 was $13.1 million. NEW YORK— Chipotle restaurants are ringing up more sales than ever before.
PHILADELPHIA— A Philadelphia chocolate maker and candy store says it has resolved a tax issue that threatened to shutter the establishment days before Easter. Blasius Chocolate Factory says on its Facebook page that the problem had been solved and the store "is open now forever.
DWORP, Belgium— The ruby lettering on the front of the old corner pub "In de Welkom" has peeled almost beyond recognition. Owner Leza Wauters, a tough 87- year-old, is holding on to her business but can't say how much longer.
Coffee for July delivery jumped 15.25 cents, or 8.1 percent, to $2.04 per pound. Brazil is the world's largest coffee producer, accounting for about a third of global production, according to the International Coffee Organization. Coffee in Brazil isn't harvested until June.
*First-quarter EPS $2.64 vs est. *Sales rise 24.4 pct to $904.2 mln; same-restaurant sales rise 13.4 pct. April 17- Chipotle Mexican Grill Inc raised its full-year sales forecast after reporting better-than-expected quarterly revenue as sales surged at established restaurants.
NEW YORK— Chipotle is feeling confident that customers are willing to pay more for its burritos, bowls and tacos. That translates to an extra 24 cents to 40 cents for an $8 burrito bowl. Jack Hartung, Chipotle's chief financial officer, said during a conference call with analysts that price is not the main reason customers visit its restaurants anyway.
Richmond, Va.- based Universal Corp. is opening a new juice and dehydration facility in North Carolina that will initially focus on sweet potatoes. The new subsidiary, Carolina Innovative Food Ingredients Inc., expects to invest about $20 million over two years into the facility.
April 17- Cereal maker Post Holdings Inc said it will buy egg and dairy producer and distributor Michael Foods Inc for $2.45 billion in its largest-ever deal.
*Remy Cointreau, Diageo report weak China demand. LONDON, April 17- European shares edged lower on Thursday, weighed down by weakness in luxury drinks after a crackdown on gift giving in China knocked beverage company earnings, in quiet trade ahead of a public holiday. Weakness in Asia also affected Diageo.
Between March 2013 and March 2014, more than 50 complaints about e-cigarettes were filed with the U.S. Food and Drug Administration, according to data obtained through a public records request.
Minneapolis- based Cargill had been in late-stage talks to buy the business, which spans bean pressing in Abidjan in Ivory Coast to fine chocolate making in Belgium. The combined company would have been big enough to rival Swiss chocolate maker Barry Callebaut, the world's largest industrial chocolate producer.
PHILADELPHIA— A popular Philadelphia chocolate maker and candy store has been shuttered by the city days before Easter. WPVI-TV said Wednesday the Department of Revenue revoked the business license of the Blasius Chocolate Factory in the city's Kensington neighborhood.
Kroger rose$. 30 or. 7 percent, to $44.32. Safeway fell$. 08 or. 2 percent, to $34.11. Supervalu rose$. 12 or 1.8 percent, to $6.87.
WINSTON-SALEM, N.C.— Reynolds American has elected board member and former leader Susan Cameron as president and CEO of the tobacco company. She replaces Daniel Delen who is retiring and resigning from the board. Reynolds American Inc. is the Winston-Salem, N.C.- based parent company of R.J. Reynolds Tobacco Co. and several other tobacco companies.