Hot dog and burger chain Nathan's Famous said Friday that its fiscal third-quarter net income fell 8 percent, hampered by restaurant closings due to Superstorm Sandy. The company earned $1.1 million, or 23 cents per share, for the period ended Dec. 23. That compares with $1.2 million, or 24 cents per share, a year earlier.
Kraft Foods is suing Cracker Barrel Old Country Store over the restaurant chain's plans to use the "Cracker Barrel" name on packaged ham, bacon and other foods. Kraft notes that it started using the "Cracker Barrel" name on cheese in 1954. Cracker Barrel Old Country Store Inc., which is based in Lebanon, Tenn. and operates 620 locations around the country, was established in 1969.
The Milk Processor Education Program, known as MilkPep and popular for its "Got Milk?" print ads, is featuring actor and professional wrestler Dwayne "The Rock" Johnson in a 30-second ad in the second quarter of the Super Bowl that is directed by Peter Berg.
Polish Scientists are testing the country's meat supply in an attempt to find the source of the beef burgers containing horsemeat, found in Ireland last month. Officials from Poland are hoping to put to rest claims that the country is the source of the contamination.
A federal judge has granted conditional class action status to the lawsuit against National Beef by workers at its Liberal, Kansas slaughterhouse. The decision Thursday by U.S. District Judge Kathryn Vratil certifies the class for purposes of sending notices to workers who might wish to join the lawsuit filed last May.
The government for the first time is proposing broad new standards to make school snacks healthier, a move that would ban the sale of almost all candy, high-calorie sports drinks and greasy foods on campus. Under new rules the Department of Agriculture proposed Friday, school vending machines that once were full of Skittles and Sprite would instead be selling water, lower-calorie sports drinks, diet sodas and baked chips.
Hong Kong announced measures Friday to curb the amount of baby formula that mainland Chinese visitors are buying as anger grows at shortages in the city's stores ahead of the Lunar New Year holiday. Chief among the measures is a plan to change the law to restrict the amount of baby formula that individuals can take out of the city.
A federal judge threw out a lawsuit Thursday that claimed Hebrew National's hot dogs and other meat products weren't entirely kosher, saying such a standard was "intrinsically religious in nature" and outside the court's purview. U.S. District Judge Donovan Frank ruled that the First Amendment's protection of religious freedom bars the court from examining claims about whether the products completely meet Jewish dietary laws.
Ten residents of rural Benzie County have filed a lawsuit against a northern Michigan fruit processor and a septic hauler who dumped waste blueberry juice into a gravel pit more than a decade ago, damaging a stream and contaminating groundwater.
Restaurant.com reveals details about diners' plans for restaurant romance this Valentine's Day. A recent survey by the company found that nearly half (49 percent) of respondents selected Italian as the cuisine of choice for a Valentine's Day meal over romantic rivals fondue (12 percent) and French (11 percent).
Several hundred firefighters spent all night battling a stubborn blaze at a southeastern Wisconsin food processing plant before the fire was contained Thursday, more than a dozen hours after it began. About 50 people who were evacuated from 10 houses and an apartment building near the Echo Lakes Foods plant in Burlington were allowed to return home Thursday morning after spending the night away.
German antitrust authorities have fined 11 chocolate makers €60 million ($81.3 million) for colluding to rig the price of confectionary. The Federal Cartel Office says the offences committed by companies including Kraft and Nestle occurred between 2004 and 2008.
As recently as 13 years ago the avocado wasn't the football juggernaut it is today. It has been a relentless and cunning campaign to victory, achieved in part through marketing muscle. In 2002 the Hass Avocado Board was formed to promote the dominant avocado variety sold in the U.S. Today, Americans are expected to consume 79 million pounds of avocados around the championship game.
The Justice Department filed a lawsuit Thursday to stop Anheuser-Busch InBev's proposed $20.1 billion purchase of Mexican brewer Grupo Modelo, which would unite the ownership of popular beers like Budweiser and Corona. The government said the deal could lead to higher beer prices in the U.S. because it would substantially reduce competition in the domestic beer market, particularly in 26 metropolitan areas.
Poland is conducting DNA tests on meat samples at seven facilities to see if any are the source of horsemeat discovered this month in Irish-produced burgers, a senior meat safety official said Thursday. So far, Polish investigators haven't found any evidence to link the country to the horsemeat detected in burgers produced by Ireland's Silvercrest processing plant.
Back at the turn of this century, Americans ate a mere 8 million pounds of avocados during Super Bowl festivities. Today, Americans are expected to consume 79 million pounds of avocados around the championship game. For those keeping score, that's roughly 158 million avocados.
The Echo Lake Foods egg processing plant in Burlington, Wis., burst into flames on Wednesday, leading to the evacuation of employees as well as 10 surrounding homes. Fire officials say that the cause of the fire is still under investigation and that the city of Burlington will be greatly affected by the disaster.
The brewing industry wants Tennessee lawmakers to declare last call on the state's ballooning beer taxes. A bill unveiled Wednesday wouldn't cause the state to lose its ranking as having the highest-taxed beer in the country, but it would halt future increases tied to rising costs and inflation.
The closing of a beef processing plant in Texas could help a fledgling slaughterhouse in northern South Dakota fill out its workforce. Northern Beef Packers in Aberdeen has sent recruiters to Plainview, Texas, to interview workers laid off at the Cargill Beef plant there, which closes Friday.
A fresh batch of favorable analyst reports helped send shares of Green Mountain Coffee Roasters Inc. higher Wednesday. Many investors have been concerned that Green Mountain, a pioneer of single-serve machines, would suffer when other companies launched similar products, said Anton Brenner, an analyst at Roth Capital Partners, in a report out Wednesday.