Food and drink
Nutritional needs are ‘shifting’ amid rise of weight loss drugs, says Nestle CEO
A picture taken on February 21, 2024 show the logo of Swiss food giant Nestle on the company’s headquarters in Vevey, western Switzerland. Fabrice Coffrini | Afp | Getty Images The meteoric rise of weight loss drugs means consumers’ nutritional needs are “shifting” which provides new opportunities for food companies, Nestle CEO Mark Schneider told […]
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My family’s from the Greek island of longevity, where people often live to 100—here’s 1 unexpected food we always eat
From beans to greens, there are many foods that make up the traditional diets of people in the Blue Zones, a handful of areas in the world where people tend to live longer. My family is from the Greek Blue Zone of Ikaria — I spend about half of every year on the island and […]
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How non-public equity rolled Pink Lobster
In this photograph illustration, a cooked lobster is displayed on a plate at a Pink Lobster cafe on May possibly 20, 2024 in Austin, Texas. Brandon Bell | Getty Photographs Offended that your favorite Pink Lobster closed down? Wall Street wizardry experienced a ton to do with it. Red Lobster was America’s most significant informal dining […]
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Documentary filmmaker Morgan Spurlock, who skewered rapidly meals market, dies at 53
Morgan Spurlock in town conversing to the Herald’s Tenley Woodman about his new movie. Friday, April 04, 2008. Ted Fitzgerald | Medianews Group | Getty Visuals Documentary filmmaker Morgan Spurlock, an Oscar nominee whose most well-known operates skewered America’s food stuff marketplace and who notably ate only at McDonald’s for a thirty day period to […]
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Daily marijuana use surpasses alcohol consumption, new study finds. Here’s what it means for the booze business
In this photo illustration, dried cannabis flowers are displayed on April 30, 2024 in San Anselmo, California. The U.S. Drug Enforcement Administration (DEA) announced plans to reclassify marijuana as a less dangerous drug and designate it a Schedule III controlled substance instead of a Schedule I drug where it is currently listed. Justin Sullivan | […]
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Biden normally takes credit rating for Concentrate on grocery rate cuts: ‘They’re answering the call’
U.S. President Joe Biden provides remarks on lowering costs for American households in the course of a pay a visit to to Goffstown, New Hampshire, U.S., March 11, 2024. Kevin Lamarque | Reuters President Joe Biden took a victory lap immediately after Focus on declared it was lowering price ranges on groceries and other objects […]
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Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales
An exterior view of a Wendy’s fast-food restaurant in Bloomsburg, Pennsylvania, on May 19, 2024. Paul Weaver | SOPA Images | Getty Images Wendy’s will offer a $3 breakfast combination meal starting Monday, as restaurant chains look for new ways to drive sales while consumers pull back on dining out. The deal will include a […]
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This 35-year-old turned a local Indonesian coffee stall into a unicorn startup — today it brings in $100 million a year
In college, Edward Tirtanata had a brewing love for coffee, so much so that he’d order “one huge cup” every day from either Dunkin’ Donuts or 7-Eleven. Today, the 35-year-old CEO and co-founder of venture-backed unicorn coffee company Kopi Kenangan, still has his cup of joe daily — except that he’s upgraded it to three […]
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Walmart says more diners are buying its groceries as fast food gets pricey
Getty Images (L) | Reuters (R) Forget the drive-thru. Walmart wants diners to find a value meal in its grocery aisles. As fast food gets pricier, the nation’s largest grocer sees a sales opportunity. On a call with CNBC on Thursday, Walmart Chief Financial Officer John David Rainey said some of the discounter’s sales growth […]
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Uber to get Foodpanda’s Taiwan company for $950 million, creating a likely monopoly
TAIPEI, TAIWAN – 2021/07/19: A foodpanda shipping male carrying a experience mask rides past a Taiwanese flag forward of the COVID-19 notify Level 3 restriction raise in Taipei. (Photograph by Walid Berrazeg/SOPA Visuals/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Uber Technologies will purchase the Taiwan business of Shipping Hero-owned Foodpanda for […]
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