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Bacardi's Russia Business Grows as Other Booze Makers Leave Country
The owner of Grey Goose vodka and Bacardi rum is hiring staff and shipping millions of dollars of products to the market. Source link
Anheuser-Busch Selling Shock Top, Blue Point to Cannabis Company Tilray
The Bud Light owner is selling eight beer and beverage brands for an undisclosed amount. Source link
Campbell's Sauce Upgrade Looks to Be Worth the Cost
The food company’s acquisition of Sovos, maker of the premium Rao’s tomato sauce, isn’t cheap. But it makes good strategic sense. Source link
Tyson Foods Earnings: Stock Falls After Meat Company Reports $417 Million Loss
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Campbell Soup to Acquire Maker of Rao's for $2.7 Billion
Campbell said the deal for Sovos Brands is expected to close in December. Source link
The U.S. Has a Beef With Europe—Over Cheese
Feta, Gorgonzola and Parmesan must be made in certain countries to be sold in the EU under those names. U.S. producers want change. Source link
The Political Turf Battle Over the Future of Your Prime Rib
The White House must decide whether the Food and Drug Administration or Agriculture Department will oversee the food-company scientists tweaking genes to make animals heat
Why Bacon Might Get More Expensive
Wholesale pork-belly prices are surging as the state’s new animal-welfare measure takes effect. Source link
Bud Light Boycott Sparks Big U.S. Profit Drop for AB InBev
The brewing giant lost market share after the Dylan Mulvaney debacle, but it says consumers remain favorable toward Bud Light. Source link