A years-long effort to allow wine to be sold outside of Tennessee liquor stores easily cleared what was expected to be its toughest hurdle when the state House approved the measure. The concept of supermarket wine sales has broad public support, according to various polls.
Longtime Coca-Cola Chief Financial Officer Gary Fayard will retire in May as the company ramps up its cost-cutting efforts. The world's largest drink maker is trying to keep up with shifting consumer tastes as volume declines in North America reached 1 percent in the most recent quarter.
The Labor Department said Thursday that the consumer price index rose just 0.1 percent in January, down from a 0.2 percent gain in December. Food prices increased just 0.1 percent. Inflation has been held back by sluggish growth and a tough job market.
The USDA is alleging that California-based Rancho Feeding Corp. engaged in "circumvention" of federal inspection rules — a charge strongly denied by one of the facility's owners. The company is accused of processing diseased and unhealthy animals without a full federal inspection.
A twisted piece of dough has been elevated to cultural icon status by the European Union, which has added the Bavarian Breze to its “protected origins” list. That means only pretzels produced in the southern German state can be sold as “Bavarian” pretzels.
A twisted piece of dough has been elevated to cultural icon status by the European Union, which has added the Bavarian pretzel to its "protected origins" list. That means only pretzels produced in the southern German state can be sold as "Bayerische Breze," or Bavarian pretzel.
The state House is scheduled to vote Thursday on a bill to allow wine to be sold in Tennessee supermarkets. The bill, sponsored by Republican Rep. Jon Lundberg of Bristol, would allow for local votes to take place as early as this fall.
Hormel's first-quarter earnings climbed about 18 percent, thanks in part to its acquisition of Skippy peanut butter, as well as a widespread hankering for bacon. The profit from the company's refrigerated foods product segment jumped 59 percent.
French food manufacturer Danone says its profits slumped 15 percent last year as markets in Europe weakened, and warned that a return to growth won't come before late in the year. The company says net profit fell to $2 billion in 2013, from 1.67 billion euros a year earlier.
Gov. Jerry Brown and the top Democratic lawmakers announced a $687 million plan to provide immediate help to drought-stricken communities throughout California, including $15 million for those with dangerously low drinking water supplies.
A new study, funded by the National Science Foundation and conducted by UC Berkeley and Massachusetts Institute of Technology researchers, finds that the practices of outsourcing and offshoring jobs appear to have both positive and negative effects on American jobs and wages.
It was another positive year for the distilled spirits and wine industries, as each posted gains in both volume and dollar sales. The beer industry also saw success in some categories, but was unable to post its second year of increases overall.
The cost of producing goods and services in the United States rose slightly in January, with higher food prices partly offset by cheaper gas. Overall, inflation remains mild. The Labor Department said the producer price index rose 0.2 percent in January.
Carlsberg says it expects beer sales to fall this year in western Europe and Russia, but continue to grow in Asia. The Copenhagen-based group made the forecast as it announced its fourth-quarter net sales fell slightly to $2.9 billion and beer volumes dropped 3 percent.
Activist investor Nelson Peltz is ramping up the pressure on PepsiCo, reaffirming his call for the company to separate its global drinks division from its snack unit. The call for a split comes as PepsiCo's drinks have lost ground to bigger rival Coca-Cola Co. in recent years.
Central Valley Meat Co., which was shuttered by federal inspectors Monday because of unsanitary conditions, has reopened. Company officials said they took immediate action to fix the cleanliness problems. Neither the company nor federal officials discussed the problems in detail.
Increasingly sick domesticated honeybee populations are infecting the world's wild bumblebees. It's a problem because wild bees, which are doing far worse than their managed cousins, handle a big chunk of pollination for food, such as coffee, tomatoes and blueberries.
Wild bumblebees worldwide are in trouble, likely contracting deadly diseases from their commercialized honeybee cousins. That's a problem because bumblebees provide a significant chunk of the world's pollination of flowers and food, especially greenhouse tomatoes.
Spring water bottler Crystal Geyser's plans to tap an aquifer at the base of Mount Shasta in far Northern California is running into opposition from some residents, environmentalists and Native American tribes, who say the planned bottling operation could deplete wells and the aquifer.
Infant formula maker Mead Johnson Nutrition said its Chinese subsidiary may have violated U.S. and local laws, including anti-bribery statutes. Mead Johnson said in October that the Securities and Exchange Commission was looking into its business practices in China.