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Food & Beverage News

Details: Food & Beverage. Auction of rare old Champagne could fetch a total of $10 million. Thu, Jun 10th 2021. Retail. Kroger to hire 10,000 workers across its …

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North Korea's food situation is 'tense,' Kim Jong Un says

Details: 22 hours ago · North Korea's leader Kim Jong Un has reportedly acknowledged that the food situation in the secretive country is troubling. The comments come amid reports of food …

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Food stocks: Credit Suisse picks 'sustainable food" shares

Details: 2 days ago · A raft of U.S. and global stocks in the food sector are set to outperform as companies address pressing issues like carbon emissions, malnutrition and waste, according to …

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Goldman Sachs, Credit Suisse using free food to lure

Details: Free food, once a perk more common at tech giants like Alphabet and Facebook, is one of the tools in getting workers to embrace office life again.

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Adding this simple food to your diet can help you live to

Details: The global food system now contributes more than a quarter of all greenhouse gas emissions, primarily from livestock production. Shifting our …

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Covid pandemic first time many Americans experienced food

Details: 4 in 10 Americans say the Covid-19 pandemic was the first time they experienced food insecurity, and a majority struggled to get the help they needed.

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Covid relief: SNAP benefits extended, increased food

Details: Don Crane, a volunteer at Food For Free, loads onions into a box full of fresh fruits and vegetables for food to students, seniors, and others in need at the Food For Free's food packing and

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How coronavirus is causing mountains of food waste

Details: The coronavirus has massively disrupted the food supply chain. Before the crisis, over half of Americans' food dollars was spent outside the home, at restaurants and other food …

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Impossible Foods in talks to go public, sources say

Details: Impossible Foods is preparing for a public listing which could value the U.S. plant-based burger maker at around $10 billion or more, according to sources.

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Sustainable food production becoming critical due to

Details: Indeed, food systems, according to the Food and Agriculture Organization of the United Nations (FAO), "currently consume 30% of the world's available energy" and rely heavily on fossil fuels.

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Food and agriculture start-ups raised record $22.3 billion

Details: Food and agriculture start-ups attracted a record $22.3 billion in venture funding last year — twice as much as these segments raised in 2019, according to a new study by Finistere Ventures.

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Latest stimulus bill expands increased food stamps through

Details: Food insecurity has become a widespread issue amid the Covid crisis. In the fall, nearly 20% of all adults and 40% of those in a family where at least one adult lost a job reported food …

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Covid safety: Food and its packaging are highly unlikely

Details: "Despite the billions of meals and food packages handled since the beginning of the COVID-19 pandemic, to date there has not been any evidence that food, food packaging or food …

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Eat Just: Good Meat sells lab-grown cultured chicken in

Details: Starting with an egg. Tetrick is the founder and CEO of Eat Just, the Californian food start-up responsible for bringing the world’s first lab-grown chicken to tables. Its landmark approval for

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Can coronavirus hurt the American food supply chain

Details: The country has a food waste problem rather than a shortage. According to the USDA, 30% to 40% of food in America is wasted annually. But …

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Google tells employees not to expense food, perks in work

Details: Free food has been a hot topic among employees working from home, who once enjoyed vast options of free cafeterias and drinks at the company's corporate offices. Workers often …

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McDonald's CEO: Dine-in is here to stay despite online

Details: 1 day ago · Over the last year, digital ordering and drive-thru sales have surged across the fast-food sectors, helping McDonald's and its rivals recover from the crisis faster than the broader restaurant

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Global food prices have been rising during pandemic

Details: Food prices are rising during the coronavirus pandemic, hitting food security. Last Thursday, the Food and Agriculture Organization (FAO) of the United Nations reported global food …

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Stock market today: RBC bets on Jack in the Box, traders

Details: 6 hours ago · RBC Capital Markets made a bullish call on one under-the-radar fast-food stock, and two traders are weighing in with their own restaurant chain picks. RBC analysts initiated West Coast burger

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China stocks up food, oil as coronavirus spurs fears about

Details: Already, food inflation in the country has been ticking higher. Last Tuesday, China announced that food prices rose 14.8% in April from a year …

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Americans spent their stimulus checks on food and utilities

Details: Of people earning less than $25,000 per year, 77% reported using their stimulus payment for expenses like food and rent, while 48% of those earning between $100,000 and $150,000 reported the …

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Marc Lore invests in Wonder: An on-demand gourmet food truck

Details: Marc Lore left Walmart in January. His latest venture involves an investment in Wonder, a business that is part food truck, part ghost kitchen, CNBC …

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Plant-based food: Flexitarians, meat safety concerns fuel

Details: Changing consumer preferences and food safety concerns amid the coronavirus pandemic are contributing to a shift toward plant-based food options, according to …

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Target launches new grocery brand focused on snacks

Details: Food and beverage drove about $18 billion — or roughly 19% — of Target's $92.4 billion total sales in 2020. Shares of the company have risen by …

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How restaurant industry workers are navigating Covid-19

Details: However, the majority of PPP funds went to larger companies, including several fast-food chains — leaving many small businesses wishing they could either operate as usual or be given the

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Singapore's food tech startups serve up lab-grown milk

Details: The cost of making lab-grown food compared to traditional farming is the biggest hurdle for biotech companies, said Leong Lai Peng, a senior lecturer in food …

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The Economics Of Food

Details: Food has become very complicated. For ten years now, agricultural subsidies have been among the biggest stumbling blocks to a world trade agreement, known as the Doha round of talks.

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Impossible CEO on criticism that plant-based 'meat' is

Details: Impossible Foods, along with Beyond Meat and other plant-based meat competitors, tout their products as healthy alternatives to animal protein. And people are eating it …

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There's a new trend in food delivery

Details: DoorDash, another food delivery company, opened its first delivery only kitchen in October 2019, while car park operator Reef has set up delivery-only kitchens in …

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Cramer recommends owning food stocks and names hurt by

Details: Food stocks like PepsiCo, Mondelez and Hershey are also buys. CNBC’s Jim Cramer on Thursday made a case for investors to get exposure to companies impacted by …

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Meituan: China tech crackdown turns to the food delivery giant

Details: A Meituan food delivery worker on motorcycle in the rain in Futian Central Business District, Shenzhen, China. GUANGZHOU, China — Meituan …

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Democrats push FDA to regulate toxic metals in baby food

Details: The Food and Drug Administration does not currently set limits on heavy metals for baby foods, specifically, except for arsenic in rice cereal. The agency does regulate other toxins in consumer

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How the Impossible Burger is changing the debate over GMO

Details: Food products verified by the Non-GMO Project, including those sold by Kellogg's Kashi, General Mills' Cascadian Farm and Pepsi's Naked Juice brands, account for more than $26 billion in …

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Singapore issues first regulatory approval for lab-grown

Details: Singapore Food Agency has approved Eat Just's cell-cultured chicken, making the country the first in the world to give its go-ahead to selling meat created in a lab.

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Trader Joe's, Kroger, Walmart and America's food deserts

Details: The USDA defines a food desert as a place where at least a third of the population lives greater than one mile away from a supermarket for urban …

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The hidden costs of running a food truck

Details: Starting a food truck is more affordable than opening a restaurant, but it's still not cheap. Expect to shell out six figures, says Howard Jeon, co-founder of the popular New York City-based food

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Price hikes ahead, but consumer companies hope shoppers

Details: Food industry analyst Phil Lempert said numerous factors have increased costs for farmers that pick produce, factories that make consumer …

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Beyond Meat and Impossible Foods are in a fast-food

Details: The U.S. food-service sector overall has seen traffic range from an increase of 0.6% to a decline of as much as -0.4% in recent years, according to …

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Coronavirus: Big restaurant chains are recovering faster

Details: Fast-food CEOs, such as McDonald's Chris Kempczinski, have said that consumers return to their drive-thru lanes looking for familiar comfort food. Trade groups have issued dire warnings about the

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8 foods not to buy at Costco according to experts

Details: Costco can be a great place to find good deals on the foods you eat every day. But there are a few areas where your local grocery store or a big box store like Walmart and Target can offer better

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Taster raises $37 million as VCs remain bullish on food

Details: Venture capitalists are continuing to invest in food delivery start-ups, even though the margins are often small. Taster is the latest start-up to raise money.

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McDonald's will close hundreds of locations in Walmart stores

Details: McDonald's is closing hundreds of restaurants inside of Walmart as the pandemic shakes up consumers' shopping and dining patterns. The fast-food …

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World may not have enough food to eat by 2050: Report

Details: The report, from the Global Harvest Initiative, states that with a world population expected to be at least 9 billion people in 2050, the demand for food, feed, fiber and fuel will likely outpace

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Food delivery stocks are slipping in Europe

Details: LONDON - Europe's food delivery firms are seeing their share prices fall as investors start to consider life after the coronavirus pandemic. Just Eat Takeaway and Ocado were among the biggest

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