In what will become the world’s third largest quick service restaurant (QSR) company, Burger King Worldwide Inc. and Tim Hortons Inc. have reached an agreement to create what the companies are calling a new “global powerhouse.”
The Hershey Company said Tuesday it will increase wholesale prices of its products an average of 8 percent to offset future increases in the costs of raw materials, packaging, fuel, utilities and transportation.
Scientists in the food industry are working to mask, block or distract from bitter tastes in foods in order to make them more palatable to consumers according to a presentation held during the 2014 Institute of Food Technologists (IFT) annual meeting and food expo.
Five Washington-based food industry groups have issued a joint statement, urging US trade negotiators to continue to press Japan to open more of its agricultural markets to US exports.
Highly criticized, and shunned in favor of wheat, white bread is getting a better reputation thanks to scientists who found that the food encourages growth of beneficial gut bacteria.
In a letter mailed to Congress Tuesday, CEOs from some of the nation’s top businesses and food manufacturers pressed the legislative body to fix the immigration system so it can work for their businesses and communities.
Poultry producer Pilgrim’s Pride confirmed Tuesday it countered the offer by Tyson Foods Inc. in the fight over the acquisition of Hillshire brands, increasing its original proposal by $1.3 billion.