Pernod Ricard to Buy Stake in Tequila Maker Backed by Country Star George Strait
Pernod Ricard SA has agreed to buy a majority stake in Codigo 1530 Tequila, a premium spirits brand backed by...
Food/Beverages
Tesla Aims to Deliver First Semitrailer Trucks in December to PepsiCo
Elon Musk said Tesla Inc. TSLA -1.11% plans to deliver its first all-electric semitrailer truck to food and beverage maker...
WSJ News Exclusive | Fast Food Chains Raise Millions to Oppose California Wage Law
The “Save Local Restaurants” coalition said Friday it has raised around $12.7 million to fight the law, known as the...
Unilever CEO to Retire Next Year After Rocky Tenure
LONDON— Unilever UL 1.03% PLC said Chief Executive Officer Alan Jope plans to retire at the end of next year,...
Apple Music to Replace Pepsi as Sponsor of NFL’s Super Bowl Halftime Show
Apple AAPL -1.51% Music is set to be the new sponsor of the NFL’s Super Bowl halftime show, replacing longtime...
Beyond Meat Executive Arrested After Allegedly Biting Man’s Nose in Fight
Beyond Meat Inc.’s BYND -6.04% chief operating officer was arrested in Arkansas over the weekend, after a physical altercation in...
Ben & Jerry’s Independent Directors Lose Request for Injunction Over Israel Business
A judge denied a court petition by Ben & Jerry’s independent board members that sought to stop parent Unilever UL...
Heat in Europe Is Driving Up Olive Oil Prices
Soaring temperatures in Spain this summer are expected to hit the country’s olive oil production, pushing up prices and threatening...
Winemakers in Southern Europe Grapple With Extreme Weather
Lucio Salamini has witnessed the weather patterns around his family’s vineyard in northern Italy change dramatically over the past 30...
Celsius Energy Drink Gets $550 Million Investment From PepsiCo
Celsius is a sugar-free, caffeinated beverage that markets itself as a healthy alternative to other energy drinks. Photo: John Parra/Getty...
Rising Costs Drag on Nestlé’s Profit Despite Higher Selling Prices
Higher costs for commodities, freight and energy are starting to eat into profit at Nestle SA, even as the world’s...
Cheaper Beer, Cigarettes Gain Favor as Inflation Pinches Shoppers
Shoppers are trading down to cheap beer brands and discount cigarettes as they feel more pressure on their pocketbooks.Consumer prices...
More Shoppers Buy Store Brands, Eating Into Big Food Companies’ Sales
Cost-conscious consumers are buying more store brands at the supermarket, raising pressure on big food companies that are dealing with...
Apple, Amazon, Meta Highlight Tech-Heavy Earnings Week
A little more than one-third of S&P 500, or 175 companies, are scheduled to report earnings in the coming week,...
WSJ News Exclusive | Amazon Has Been Slashing Private-Label Selection Amid Weak Sales
Amazon.com Inc. AMZN 0.21% has started drastically reducing the number of items it sells under its own brands, and the...
Justice Department Fails for Third Time to Convict Chicken Executives in Price-Fixing Trial
Federal prosecutors failed for a third time to convict five chicken-company officials of allegedly conspiring to fix prices, dealing a...
Smithfield Foods, Citing High Costs of Operating in California, to Close Pork Plant
Smithfield Foods Inc., the largest pork processor in the U.S. by volume, is closing an 1,800-person plant in California and...
WSJ News Exclusive | Biden Administration to Pursue Rule Requiring Less Nicotine in U.S. Cigarettes
The Biden administration intends to pursue a policy requiring tobacco companies to reduce the nicotine in all cigarettes sold in...
Chicken Company Foster Farms Sold to Private Equity Firm
Foster Farms, a West Coast-based chicken company with $3 billion in annual revenue, has agreed to a takeover by private-equity...
WSJ News Exclusive | Kohl’s Enters Exclusive Talks to Be Sold to Vitamin Shoppe Owner
Kohl’s Corp. is in advanced talks to be sold in a deal that could value the department-store chain at roughly...
