Campbell Soup Co. President and CEO Denise Morrison today abruptly announced her retirement effective immediately. Morrison, who has led the soup giant since 2011, gave no reason for her departure. Keith R. McLoughlin, a Campbell board member...
Nestlé today entered a US$7.15 billion cash agreement for the perpetual global license of Starbucks consumer and foodservice products, creating a global coffee alliance that brings together the Nescafé, Nespresso and Starbucks brands.
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A multistate outbreak of E. coli O157:H7 linked to romaine lettuce from Yuma, Arizona, has expanded to 22 states and sickened 98 people, according to the latest data from the Centers for Disease Control and Prevention (CDC).
A court ruling in California has dealt a blow to the likes of Starbucks. Coffee companies, The Associated Press reported, must carry a cancer warning on their labels due to a chemical produced in the roasting process known as acrylamide.
Givaudan announced it will acquire Naturex, a manufacturer and marketer of plant-based specialty ingredients for the food, health and cosmetic industries, in a two-part deal that amounts to approximately US$1.6 billion.