PepsiCo Inc. (NASDAQ: PEP) shares climbed Thursday after the global food and beverage giant reported better-than-expected quarterly earnings, fueled in part by favorable currency movements. However, despite the upbeat report and a slight upward revision to its full-year outlook, analysts…
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McDonald’s is pulling the plug on its CosMc’s spinoff just two years after the alien-themed spinoff took off. The chain announced Friday that it’s closing all five locations next month. CosMc’s, named after a little-known alien McDonald’s character, opened in 2023 in…
Social media’s harmful impact on the mental health of children and teenagers is well documented. Now, new research suggests that the widespread marketing of unhealthy food and drinks on social media is influencing the food choices of young people and potentially impacting…
Starbucks workers staged walkouts at dozens of coffee shops in the United States this week to protest a policy change in their dress code that their union says should have been made through collective bargaining. Since May 11, more than…
John Randal Tyson, the former Tyson Foods CFO whose recent arrests made headlines last year, has a new high-profile job at his family’s meatpacking company. The scion has been appointed to the company’s board, along with his sister Olivia, according to a corporate statement. “Both…
Actress Brenda Song is front and center in DoorDash’s playful and heartfelt new Mother’s Day campaign, which transforms the delivery platform into “DoorDad” for the holiday weekend. The campaign aims to give hardworking moms a genuine break, offering exclusive deals…
Krispy Kreme’s partnership with McDonald’s to sell its doughnuts at all of the burger chain’s US restaurants didn’t turn out as sweet as it thought. The doughnut chain announced in its earnings release Thursday that it is “reassessing the deployment”…
WeightWatchers, the 62-year-old program that revolutionized dieting for millions of people around the world, has filed for bankruptcy. The company announced Tuesday it has entered Chapter 11, which “will bolster its financial position, increase investment flexibility in its strategic growth initiatives,…
Chicago, May 2025 – Conagra Brands has agreed to sell its Chef Boyardee canned pasta business to private equity firm Pinnacle Partners for $600 million in cash. The deal – expected to close in Q1 of fiscal 2026 – transfers an iconic, 97-year-old…
