The International Cocoa Organization (ICCO) released a statement emphasizing its projections for the supply of cocoa in future years does not reflect the fear in recent reports that identified a possible cocoa deficit of one million tons by 2020.
The Yum! Brands Inc. Board of Directors have authorized the company to repurchase up to $1 billion in additional shares of common stock in a buyback plant that will run through May 31, 2016.
As an added reason to give thanks this year, American consumers can appreciate a slight cost increase to the price tag of preparing Thanksgiving dinner, which still averages below $50.
As Rodent Awareness week continues, pest management company McCloud Services is encouraging food facilities to take the right precautions, both inside and outside the building, to protect against rodents this winter.
Yogurt manufacturer Chobani has launched its new Food Incubator program to “invest in and cultivate” emerging food entrepreneurs, the company announced this week.
Unilever claims false advertising and unfair competition by Hampton Creek through the sale of its product “Just Mayo,” which Unilever says is misleading to consumers and takes market share from its Hellmann’s and Best Foods products.
Multinational consumer goods company Unilever, makers of Hellmann’s mayonnaise, recently filed a lawsuit against a California company alleging its use and marketing of the term “mayo” in reference to its egg-free sandwich spread does not meet dictionary definitions.
Mondelez International said Tuesday it will invest $370 million to acquire an 80 percent stake in the Kinh Do Corporation’s snacks business in Vietnam to accelerate the company’s growth strategy in Asia.
Burger Kind Worldwide, Inc. announced the opening of its first restaurant in New Delhi, marking the fast-food chain’s debut in India as well as a milestone for the brand which is now operating in its 100th country.
The US Department of Labor reported 15,000 jobs were added to the manufacturing industry during the month of October, continuing the trend of employment growth in the country.