Food and drink
McCormick buys Unilever’s food business in deal that values it at nearly $45 billion
Jars of Unilever brand Hellmann’s mayonnaise for sale at a store in Dobbs Ferry, New York, U.S., Wednesday, Jan. 19, 2022. Tiffany Hagler-Geard | Bloomberg | Getty Images McCormick will buy Unilever’s food business for a combination of cash and equity, in a deal that values the Unilever unit at nearly $45 billion, the two […]
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White House launches app touting Trump’s record, with some key omissions
The White House in Washington, DC, US, on Saturday, Jan. 3, 2026. Aaron Schwartz | Bloomberg | Getty Images The White House on Friday launched a smartphone app that touts a selection of President Donald Trump’s second-term accomplishments and curates favorable news articles. It also invites users to report to U.S. Immigration and Customs Enforcement. […]
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Major outgoing CEOs are citing AI as a factor in their decisions to step down
Two major CEOs told CNBC in recent months that the rise of artificial intelligence contributed to their decisions to hand over the reins and step down from their positions. It’s one of the latest insights into how America’s corporate leaders are sizing up the AI transition. Coca-Cola CEO James Quincey told CNBC’s “Squawk Box” on […]
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A Netflix cooking show is changing how people travel — and restaurants are seeing bookings jump 303%
SEOUL, SOUTH KOREA – DECEMBER 17, 2025: Participants Jung Ho-young, Hudukjuk, Monk Sunjae, Son Jong-won, producers Kim Eun-ji and Kim Hak-min, Yoon Jumo Yoon Nara, French Papa, Chinese Cuisine Witch, and Baby Beast pose during a press conference for the Netflix series Culinary Class Wars: Black and White Chef Season 2 at JW Marriott Dongdaemun […]
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GLP-1 drugs are changing how Americans eat. Food companies are racing to catch up
A mini burger, mini fries and mini beer, Clinton Hall’s “Teeny Weeny Mini Meal”, is pictured next to a regular-sized combo on Dec. 8, 2025 in New York City. Approximately one in eight American adults are currently taking drugs from the class of GLP-1 agonists that are now popular for weight loss, according to a […]
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Why Western playbooks fail in China — and what it takes for brands to compete
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email China’s $7 trillion consumer market was once a reliable growth engine for Western brands, but as competition intensifies and trends move at digital speed, success if no longer a given. Still, they haven’t given up. Global companies are now turning to private […]
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Food prices could rise as Iran conflict disrupts fertilizer supply chain
The war in Iran could raise global food prices as the conflict disrupts fertilizer shipments through one of the world’s most critical trade routes. While energy markets have focused on oil supply risks, analysts say threats to fertilizer supply chains through the Straight of Hormuz may also bring long-term economic issues through food inflation. “Beyond […]
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From devastation to discipline: How Gordon Ramsay built a billion-dollar empire
Chef, restauranteur and global TV star Gordon Ramsay welcomes CNBC’s Tania Bryer to his newest Michelin-starred location and reflects on the setbacks and successes that have shaped his career. After a devastating injury ended his soccer career at just 18, Gordon Ramsay rebuilt his life in the kitchen — going on to earn Michelin stars, […]
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Trump said beef, egg and chicken prices are falling. Here’s what the data shows
U.S. President Donald Trump delivers the State of the Union address on Feb. 24, 2026, in Washington, D.C. Kenny Holston-Pool/Getty Images President Donald Trump said in his State of the Union speech Tuesday night that his administration’s policies were “rapidly ending” high prices for certain foods, including proteins in the U.S. diet, like beef, chicken […]
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With Trump’s ‘reciprocal’ tariffs struck down, here are the industries still facing higher rates
The Supreme Court during a rain storm in Washington, Feb. 20, 2026. Annabelle Gordon | Bloomberg | Getty Images The Supreme Court on Friday ruled that President Donald Trump’s country-specific “reciprocal” tariffs are unconstitutional, delivering a win for many consumer companies facing higher import costs. But the ruling doesn’t cover all sectors. The Supreme Court […]
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