World’s No. 1 restaurant crowned as contest comes under increasing scrutiny
Asador Etxebarri in Atxondo, Spain, is the world's top restaurant.That's according to The World's 50 Best Restaurants, which announced results...
Food and drink
World's largest olive oil company plummets 19% after rivals agree to takeover deal
Bottles of Spanish olive oil are displayed for sale at a Carrefour supermarket in Spain.Sopa Images | Lightrocket | Getty...
Kraft Heinz to divest its North American coffee business in $650 million deal
Robert Caplin | Bloomberg | Getty ImagesKraft Heinz announced Wednesday that it will divest its North American coffee unit in...
Early third-quarter earnings show a 'resilient' U.S. consumer, with signs of strain
A customer pushes a shopping cart with cases of Coca Cola outside a Walmart Supercenter retail store in North Bergen,...
Coca-Cola hikes earnings outlook, even as it sees lackluster demand in North America
Coca-Cola on Tuesday raised its full-year outlook for the third straight quarter, despite lackluster demand in its home market.For the...
Restaurant earnings will test whether owning more brands pays off
A sign is posted in front of a Chili's restaurant in Rohnert Park, California, on Dec. 13, 2024.Justin Sullivan |...
Pepsi renews contract with Taco Bell days after KFC switches to Coke in the U.S.
A staff member is seen at a Taco Bell restaurant in London.May James | Sopa Images | Lightrocket | Getty ImagesPepsiCo...
McDonald's is leaning into chicken and drinks to grow. New data shows it could be a tough task
A chicken sandwich from McDonald's is shown in Chicago, Illinois, May 6, 2021.Scott Olson | Getty ImagesMcDonald's is betting on...
PepsiCo earnings top estimates, but company lowers full-year forecast
Bottles and packs of Pepsi soda at a store in Austin, Texas, US, on Tuesday, July 7, 2026. Sergio Flores...
Modelo owner Constellation is getting creative to bring back beer drinkers as overall demand weakens
Constellation Brands beat quarterly earnings and revenue expectations as its beer brands gained market share, but continued consumer caution tempered...
Coca-Cola hires Rob Gehring from Monster Energy to run its North American operations
This view shows bottles of regular Coca-Cola soda displayed for sale on shelves at a Walmart store in Mexico City...
Kraft Heinz bets on more flavors for Philadelphia cream cheese as it looks to revive brands
Philadelphia is launching limited-time cranberry orange and salted caramel cream cheeses.Source: Kraft HeinzPhiladelphia cream cheese will release three new flavors...
Chipotle's new restaurant in a hip Seoul neighborhood tests its Asian expansion strategy
How long would you wait for a Chipotle bowl? Some South Korean diners stuck it out for three hours.The U.S....
THC drinks could soon be harder to find as Congress delays hemp ban again
THC beverages for sale at Urban Flower, a CBD and THC dispensary in Houston, Texas, Oct. 28, 2022.Elizabeth Conley |...
Why some of America's biggest brands are losing ground in China
China was once one of the most attractive and fastest-growing markets for many American brands.With its population of more than...
'Nobody wants it': Lettuce prices see record-setting plunge as cyclospora spooks consumers
A produce worker stocks shelves near romaine lettuce at a supermarket in Washington, Nov. 20, 2018.Andrew Caballero-Reynolds | AFP |...
Taylor Farms recalls salsa, guacamole on salmonella outbreak, intensifying food-safety fears
The logo of Taylor Farms Mexico is seen at the company's facilities, in Doctor Mora, Guanajuato state, Mexico, July 20,...
HHS moves to tighten oversight of food ingredients as safety concerns mount
Attendees are greeted with”Eat Real Food” placards as they gather for U.S. Health and Human Services (HHS) Secretary Robert F....
Rockstar Energy founder builds Celsius stake, wants to take over as CEO
The billionaire founder of Rockstar Energy has purchased millions of shares of Celsius Holdings and is calling for the ouster...
Michigan confirms first two deaths in cyclospora outbreak
Wildpixel | Istock | Getty ImagesMichigan health authorities on Monday reported the first two deaths from the ongoing cyclospora outbreak.The...
