food industry

Tyson Foods Inc (NYSE: TSN) shares fell more than 7% following the Q1 earnings report and may fall further, but this opportunity for investors should not be ignored. The results were tepid and the guidance weak, but this is due to factors that are largely out of the company's control. A shift...

Beyond Meat (NASDAQ: BYND) is making its retail store debut in China in partnership with Alibaba Group Holding Ltd. (NYSE: BABA), MarketWatch reported Tuesday. What Happened The plant-based meat substitute maker's Beyond Burger will be available in 50 outlets of Alibaba's Freshippo...

Unilever NV (NYSE: UN) subsidiary Ben & Jerry's on Tuesday announced it is joining the "Stop Hate For Profit" campaign. What Happened The ice-cream brand will stop advertising on Facebook Inc (NASDAQ: FB) and Instagram for a month starting July 1. "Ben & Jerry...

PepsiCo Inc. (NASDAQ: PEP) is changing the branding of its Aunt Jemima pancake mix and syrup after 130 years of featuring an African American woman on the packaging. What Happened Aunt Jemima’s branding depicts a woman inspired by the 19th-century minstrel shows.  The woman on the label...

Consumers are continuing to stock Campbell Soup Company’s (NYSE: CPB) products in their pantries even as states begin to reopen their economies, according to CEO Mark Clouse. What Happened Campbell saw robust sales of food and snacks as millions of people were ordered into lockdowns to...

Yum! Brands, Inc. (NYSE: YUM) is suing Grubhub Inc. (NYSE: GRUB) for violating a distribution agreement dating back to 2018. What Happened Yum purchased a 3% stake in Grubhub in 2018 and signed a deal that would give it favorable pricing and service levels for its KFC and Taco Bell restaurants...

Tyson Foods (NYSE: TSN) is temporarily shutting down its Iowa pork factory due to the transmission of novel coronavirus (COVID-19) at the facility, Reuters reported Thursday. What Happened According to Iowa state officials, at least 555 workers at the Storm Lake plant have tested positive for COVID...

Food waste prevention startup Apeel Sciences has raised $250 million in its latest round of funding, it announced Tuesday. What Happened Media mogul Oprah Winfrey, singer Katy Perry, and Singapore's sovereign wealth fund GIC Pvt. Ltd. participated in the funding, Apeel said. The startup makes...