Farmer and philanthropist Howard G. Buffett, son of billionaire investor Warren Buffett, wants to enlist fellow food producers in a new campaign to fight hunger in rural America. Buffett and other organizers planned to announce the "Invest an Acre" initiative Thursday. It will encourage farmers around the nation to donate profits from the sale of 1 acre's crop to the charity Feeding America, which will use the money to support food banks in rural communities where advocates say malnutrition is a serious — if often overlooked — scourge.
Yum Brands Inc., owner of the Pizza Hut, Taco Bell and KFC chains, said Wednesday its first-quarter net income rose 73 percent due to a successful combo — continuing strong overseas sales packaged with a rebounding U.S. performance led by its once-struggling Taco Bell business.
A new study reveals that 74 percent of health-conscious consumers visited a fast food restaurant for lunch in the past 30 days.
In response to consumer pressure, Starbucks announced it will replace cochineal coloring derived from crushed bugs and instead use a tomato-based ingredient to color several products, including its strawberry Frappuccinos.
During a briefing hosted by Congressmen Adrian Smith (R-Neb.) and Joe Courtney (D-Conn.), congressional staff learned about multiple voluntary, producer-led animal care programs and about the concerns farmers and ranchers have with legislation introduced in the House that would mandate strict on-farm production practices.
Dutch brewer Heineken NV says both sales and earnings rose in the first quarter, due to a combination of growth and one-time gains.
Workers participating in a "comprehensive" workplace promotion program had a one-fifth reduction in absenteeism during the first year, reports a study in the April Journal of Occupational and Environmental Medicine, official publication of the American College of Occupational and Environmental Medicine (ACOEM).
Arkansas farmers plant about 3.3 million acres of soybeans each year, and the business may become more lucrative thanks to a new soybean variety developed by a professor with the University of Arkansas Division of Agriculture.
The food maker's campaign, tagged "From Great Starts Come Great Things," kicks off on Wednesday, 100 days before the Olympics are to begin in London. The push includes videos on Facebook, Olympic-themed packaging on a products and athlete sponsorships, all centered on breakfast. Kellogg's makes breakfast food including Corn Flakes and Special K cereal, Eggo Waffles and Nutri-Grain bars.
The Dum Dums® product line has begun a package graphics transition that will complete in mid-2012. The updated artwork incorporates a new logo and graphics bringing more emphasis to the iconic Dum Dums brand and its core attributes of flavor variety, value and fun.
BP and a team of plaintiffs' attorneys on Wednesday presented a federal judge with the formal terms of a proposed class-action settlement designed to resolve billions of dollars in economic damage claims spawned by the 2010 oil spill in the Gulf of Mexico.
Pfizer Inc. is near a deal to sell its infant-nutrition business to the Swiss food conglomerate Nestle SA for $9 billion, according to a report Tuesday by The Wall Street Journal. Nestle appears to be beating out a joint bid from Groupe Danone and Mead Johnson Nutrition Co. The deal would be one of the largest this year and could be announced as early as next week, according to the Journal report, which cited sources familiar with the matter who were not named.
ConAgra Foods Inc. says it's acquiring Odom's Tennessee Pride, the nation's second largest producer of frozen breakfast sandwiches. Omaha-based ConAgra announced its plans on Tuesday, which include the company's facilities in Little Rock, Ark., and Dickson, Tenn., and its headquarters office in Madison, Tenn. Financial terms were not disclosed.
The Missouri House endorsed legislation Tuesday that would make it a crime for undercover activists to produce videos portraying poor conditions at livestock farms or other agricultural facilities.
A federal court on Tuesday ordered an Iowa warehouse operator to pay Hormel Foods Corp. more than $4 million to cover losses to its products caused by flooding in 2008, one day after a jury ruled in favor of the food processing company.
Consumers are interested in healthy eating more than ever, and Mintel's research reveals that approximately half (52%) of American adults are currently "watching" their diet. And while 60% report dieting because they want to lose weight, some 15% of dieters claim to be doing so at least in part because of concerns about "salt intake."
Ocean Spray broke ground Tuesday on a new $110 million juice bottling plant outside Allentown, which will replace its aging plant in Bordentown, N.J. Officials from Ocean Spray Cranberries Inc. and Pennsylvania's economic development agency participated in the groundbreaking ceremony for the 315,000-square-foot plant in Upper Macungie Township.
French dairy company Danone says its revenue grew 7.6 percent in the first quarter of the year, driven by strong sales in Asia.
A federal appeals court on Tuesday temporarily blocked the National Labor Relations Board from making millions of businesses put up posters informing workers of their right to form a union.
Widespread mislabeling of fish in the Los Angeles area may mean sushi lovers aren't biting into a piece of snapper when they order it at restaurants, according to a report released Monday by an environmental advocacy group.