CHICAGO, March 7- Hog futures at the Chicago Mercantile Exchange surged 6.5 percent this week on tightening U.S. supplies as a deadly pig virus sweeps the country, traders and industry sources said on Friday.» Read More
CNBC's Jane Wells met the man who invented the "Perfect Bacon Bowl." Creator Thom Jensen tells Jane when he expects to profit from the product.
The revised industry guidelines for handling pigs in Canada include more than 100 animal-care rules, including the phase-out by 2024 of stalls that continuously restrict sow movement, hog groups and the Canadian Federation of Humane Societies said on Thursday.
CNBC's Jane Wells reports retail bacon prices are up 18 percent in part due to the "bacon bowl" infomercial.
Can the Bacon Bowl actually turn bacon into a bowl? CNBC's Jane Wells put the product to the test.
KUALA LUMPUR, March 5- Palm oil futures are set to climb for a second year, driven by crop damaging dry weather and Indonesia's higher biodiesel mandate, although bumper global oilseed supplies and weak demand from key consumers could cap gains.
Moelis& Co. intends to list its shares on the New York Stock Exchange under the ticker symbol "MC."
MOSCOW, March 4- Russia needs more guarantees on food safety from two U.S. pork packing plants in order to resume imports from the United States around March 10 as it had originally targeted, Russia's veterinary and phytosanitary watchdog said on Tuesday.
March 4- Warren Buffett is seeking to reassure shareholders about how his Berkshire Hathaway Inc will perform in the decades after he steps down or dies, but remains as vague as ever about succession plans. Jeff Immelt, the CEO at General Electric Co, has been unable to get his company's share price anywhere near the heights achieved by his predecessor Jack Welch.
March 3- The activist investor seeking to split Darden Restaurants Inc into two companies said on Monday it has lost confidence in its chief executive's ability to run the company.
CARACAS, Venezuela-- Thousands of anti-government activists marched peacefully Sunday to an upper-class Caracas district shaken by more than two weeks of unrest, trying to maintain the movement's momentum during a long holiday break.
March 3- Darden Restaurants Inc said it would proceed with its plan to spin off or sell its Red Lobster chain, rebuffing two activist investment firms that had urged the company to take other actions to boost results, including selling real estate.
March 3- Olive Garden owner Darden Restaurants Inc estimated third-quarter profit below analysts' expectations, blaming severe winter weather for lower sales. The company, under pressure from hedge fund Barington Capital Group, said in December that it would spin off or sell its floundering Red Lobster chain.
NEW YORK, March 1- Veteran food industry investor C. Dean Metropoulos is seeking a new owner for Pabst Brewing Co, best known for blue collar-turned-hipster favorite Pabst Blue Ribbon label, people familiar with the matter said.
NEW YORK, March 1- Warren Buffett's Berkshire Hathaway Inc on Saturday signaled he plans to make more large acquisitions to expand a conglomerate that posted a record profit in 2013, helped by a recovering U.S. economy.
*Purchase may also signal China's goal to build a global trading firm. SINGAPORE/ HONG KONG, Feb 28- China's biggest grains trader COFCO Corp said it is buying a 51 percent stake in Dutch peer Nidera, in a deal that will give the world's most populous country direct access to South American grain and oilseed supplies.
SYDNEY, Feb 28- Normally at this time of year Australian meat processors are operating part time as cattle gorge on summer grass.
The White House and the U.S. Food and Drug Administration is proposing to change nutrition facts labeling. Meme Roth, National Action Against Obesity president, and Katherine Mangu-Ward, Reason Magazine managing editor, share their opinions.
Activist investor Nelson Peltz added more pressure to PepsiCo to split up the snack and beverage behemoth.
Azodicarbonamide, a bleaching agent used to make plastic products, is in hundreds of foods, a health advocacy group says.
A 20-ounce soft drink would now be a single serving, and so would a whole cup of ice cream, under the FDA's major revamp of food labels.