Food Industry | featured news

Two food bloggers petition Kraft to take the yellow dye out of its popular product.

Flowers Foods Inc (FLO.N) is set to buy Hostess Brands Inc's HTBRS.UL bread brands including Wonder bread for $360 million, a source familiar with the matter said on Wednesday, giving the No. 2 U.S. baking company a bigger slice of the fast-consolidating bread business.

For Britons worried last week's beef lasagne was in fact a helping of horse, peace of mind that such a meal will never reach dining tables again may come at a price.

Nestle SA has withdrawn beef pasta meals from sale in Italy and Spain after tests found horse DNA. Horse meat has found its way into ready-to-eat meals sold across Europe in a meat mislabeling scandal that has shaken the food industry.

Campbell Soup Co. is closing two US plants and cutting more than 700 jobs as it looks to trim costs amid declining canned soup consumption. The world's largest soup maker said Thursday that it will close a plant in Sacramento, Calif., that has about 700 full-time workers.

Thanks to new research released this week by Stanford University, consumers now know that all of those sweet, red pieces of fruit – no matter how naturally or conventionally they were grown, and no matter how they are labeled – carry the exact same nutritional value. Forget: "Paper or plastic?" The question now: Will this revelation take a bite out of the $31 billion organic food industry?

A unique, hard-hitting report just completed by a California attorney exposes a largely unknown federal food-stamp racket involving large grocery retailers, food manufacturing giants and other private players, including the Federal Reserve and JPMorganChase, which combine to channel food stamp spending into a gravy train for the heavy hitters in the food industry.

The nation's two largest hot dog makers are taking their legal beefs Monday to federal court in Chicago, where a judge will determine whether Oscar Mayer or Ball Park franks broke false-advertising laws in their efforts to become top dog.

Subway grabs the No. 1 spot, but this year's Franchise 500® is a big one for sandwiches across the board.

Fast-food group McDonald's says it is to spend $2.1bn on opening new restaurants and upgrading existing outlets.