If Americans ever eat genetically engineered fast-growing salmon, it might be because of a Soviet biologist turned oligarch turned government minister turned fish farming entrepreneur, the New York Times reports.
Private-equity backed CKE Inc, which operates the Carl's Jr and Hardees fast food chains, filed with U.S. regulators on Thursday to raise up to $100 million in an initial public offering.
Monday, 14 May 2012 | Posted By:
| Source: CNBC.com
With a little creative packaging and a lot of innovation, spirits manufacturers are expanding the market. Click ahead for some of the most unusual ways businesses are innovating in the world of alcohol.
The second-largest hamburger chain in the U.S. reported a quarterly profit that missed Wall Street estimates, mainly on account of higher fresh beef costs.
McDonald's reported a smaller-than-expected rise in April sales at established restaurants across the globe, hurt by a disappointing increase in its U.S. business.
China's state-owned Bright Food Group has agreed to buy a 60 percent stake in British cereal firm Weetabix Food Co from private equity firm Lion Capital, which, if completed, would be its second successful overseas acquisition in less than a year.
Green Mountain shares tumbled after the coffee maker delivered revenue that fell short of analysts' projections due to weaker-than-expected K-Cup sales.
Restaurant operator P.F. Chang’s China Bistro, which has been struggling to restore growth after diners were put off by ill-timed price increases, said it would go private in a $1.1 billion deal with private-equity firm Centerbridge Partners.
Coca-Cola said it is not in talks to acquire Monster Beverage, disputing a Wall Street Journal article on Monday that said it was in discussions to buy the energy drink maker.
The coffee roaster Starbucks reported higher quarterly profit but global sales at established coffee shops fell short of analysts' estimates due to weakness in Europe.
Pepsico and Coca-Cola Enterprises reported higher-than-expected quarterly profits, helped by price increases on sodas, and stood by their full-year forecasts.