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…
Browsing: Food
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…
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…
