PACKAGED FOOD LABELS WILL BE REQUIRED TO LIST ADDED SUGARS, REPLACE OUT-OF-DATE SERVING SIZES- WHITE HOUSE STATEMENT.
May 4- Kraft Heinz Co's quarterly pro forma sales fell 3.8 percent as demand weakened for its beverages in the United States and a strong dollar ate into revenue from other markets. The maker of Kraft cheese, Heinz ketchup and Jell-O said its pro forma net sales fell to $6.57 billion in the first quarter ended April 3 from $6.83 billion, a year earlier.
LONDON, April 27- Nestle has struck a deal with Britain's R&R Ice Cream to form a joint venture that will sell ice cream and frozen food in over 20 countries, its latest attempt to adapt to a changing and more competitive packaged food market. The 50/ 50 joint venture, to be called Froneri, will combine the Nestle and R&R ice cream businesses in Europe, the Middle East,...
March 23- TreeHouse Foods Inc said it would introduce more premium, healthy snacks and popular drinks to revitalize the struggling private-label business it bought from ConAgra Foods Inc last month. TreeHouse's $2.7 billion acquisition of ConAgra's business- its biggest ever- makes it the largest private-label food company in the United States, with 2015...
March 18- General Mills Inc said on Friday it would begin putting labels on U.S. products that contain genetically engineered ingredients, a move it said was forced by a Vermont law that will require food packages in that state to include such information on July 1. Earlier this week, the U.S. Senate blocked a bill that would nullify state and local efforts...
March 18- General Mills Inc on Friday said it would begin putting labels on its products that contain genetically engineered ingredients, a move that comes days after U.S. Senators failed to advance legislation aimed at blocking Vermont from requiring such labels on July 1. "Vermont state law requires us to start labeling certain grocery store food packages...
The "Squawk Box" news team discusses Whole Food's move to replace industry-standard bred chickens with slower growing varieties.
The food maker is voluntarily recalling nearly 3 million boxes of frozen meals.
The sandwich chain works to make all of its meats antibiotic free by 2025.
U.S. chocolate maker says it's recalling candy bars and other items in 55 countries after plastic was found in one of its products.
Jeffrey Ettinger, Hormel Foods chairman & CEO, and Jim Snee, Hormel Foods president & COO, discuss the company's bountiful earnings and ability to expand the franchise through acquisitions. Hormel's a lot more than Spam, says Ettinger.
Researchers developed the eco-friendly 'cultured beef' to meet rising global meat demand.
CNBC's Morgan Brennan reports on another outbreak of avian influenza prompting the culling of 250,000 turkeys.
Singha Asia on Friday signed a $1.1 billion strategic deal with Vietnam's Masan Group to buy stakes in two of the consumer goods firm's units.
Turkey is a firm favorite at Christmas, but game meat is enjoying a resurgence of popularity in Britain, according to a new report from Mintel.
Alexia Howard, senior food research analyst at Sanford Bernstein, explains why investors are keen for Yum to split its fast-growing businesses from the more challenging units.
Women's Health reports that indulging meatless diets, while having undeniable health virtues, also come with key risks.
The two abandon plans to combine after the Department of Justice voiced antitrust concerns.
The packaged foods company decides to implement a 2-for-1 stock split.
Spam's parent company announces a 2-for-1 stock split.