Panera among restaurant companies looking to test IPO demand
Panera Bread’s parent company is aiming for an IPO this year after an earlier attempt and the parent of the Fogo de Chão chain is considering an IPO as early as spring.
Tyson Foods takes profit hit as beef prices fall
Tyson Foods saw profits tumble in its fiscal first quarter after declining beef prices, waning demand for pork and higher costs took a toll on earnings.
Hundreds of sandwiches, snacks recalled over listeria concerns
Hundreds of sandwiches and other snacks sold in several East Coast states are being recalled after the company said environmental samples tested positive for listeria monocytogenes.
Cruz, Manchin propose bill blocking Biden admin from banning gas stoves
Sens. Joe Manchin and Ted Cruz have introduced legislation to block the Biden administration from advancing regulations banning gas stoves and ovens.
Richard's Rainwater partners with New Orleans brewery to harvest, bottle rainwater
Richard's Rainwater, the only nationally distributed bottled rainwater beverage, has teamed up with a brewery in New Orleans to open a potable rainwater collection site
Subway CEO predicts 2023 will provide pricing pressure ‘relief’ for consumers: We’re through the ‘worst part’
Subway CEO John Chidsey breaks down how the company has successfully combatted inflation and rising food costs, making positive predictions for 2023.
Michigan 6-year-old uses dad's Grubhub to order $1,000 in food, tips 25% per order
A six-year-old boy in Michigan managed to place several delivery orders using his father’s phone, resulting in $1,000 in food deliveries from Grubhub.
Super Bowl fans will consume whopping number of wings, according to National Chicken Council
The amount of chicken wings Americans will eat over the course of the upcoming Super Bowl weekend is expected to be massive, according to the National Chicken Council.
Whole Foods asks suppliers to lower prices
As food suppliers have raised wholesale prices, citing higher transport, labor and production costs, supermarket operators said they have passed those increases along to consumers.
US farmers sound alarm on single-most catastrophic thing headed for corn crops
American corn farmers sound alarms over the possibility of losing their businesses and billions of dollars to Mexico's plan to ban genetically modified corn yields.
Impossible Foods reportedly cutting 20% of workforce
Impossible Burger is cutting its workforce for a second time in recent months, marking the latest in a growing list of companies suffering under the current economy.
McDonald's sees inflation sticking around
Although McDonald’s beat Wall Street predictions for fourth quarter earnings, the company CEO Chris Kempczinski is warning inflation will remain in 2023.
Egg farm fire investigation in Connecticut is underway
An investigation into a blaze at an egg farm in Bozrah, Connecticut is currently ongoing, according to a statement Monday from egg producer Hillandale Farms.
Company recalling over 52K pounds of sausage products over listeria concerns
Listeria concerns have prompted a recall by a Rhode Island-based company for tens of thousands of pounds of ready-to-eat sausage products, the FSIS said Sunday.
The Super Bowl food staples consumers should watch for
Food costs are still elevated, with groceries up 11.8% in December. However, Wells Fargo economists highlight how some staples may have eased in price.
When should you leave a tip? Americans sound off on 'cultural pressure'
A Wall Street trader and nurse’s assistant discuss the new social pressure around tipping for quick services, while one waitress gives her tipping do’s and don’ts.
Whale meat vending machines open in Japan to promote sales after years of controversy
Japanese whaling operator Kyodo Senpaku Co. has launched a handful of whale meat vending machines in hopes of increasing sales across the country after years of controversy.
Amazon axes free grocery delivery on some Prime orders
Amazon Prime members who used to get free delivery on their grocery orders will be paying a fee for orders under $150.
McDonald's testing a new strawless lid, dividing social media users
McDonald's said that it is testing a new strawless lid for cold beverages in select U.S. markets. Social media reaction to the decision has been mixed.
McDonald's president blasts California fast-food legislation: ‘Bad politics over good policy’
McDonald's USA President Joe Erlinger called out California's proposed minimum wage hike.