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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
Apple, Amazon, Starbucks to Report in Packed Earnings Week
Earnings reports also from Uber Technologies, Pfizer and Kraft Heinz are expected to shed light on how consumer spending is holding up amid rising interest
Nestlé Raised Prices More Than 9% in First Half of the Year
The world’s largest packaged food company said price hikes boosted sales and profitability, joining other consumer goods companies. Source link
Dove Maker Unilever Still Raising Prices as Volumes Slip
The consumer-goods giant—a bellwether for the global economy and consumer sentiment—boosted prices to make up for soaring commodities and other costs. Source link
Sugar Shortage Threatens Candy Production Ahead of Halloween, Holiday Seasons
Buyers and producers debate agriculture policy requiring companies use mostly U.S. sugar. Source link
Russia Puts Chechen Official, Local Businessman in Charge After Seizing Western Assets
What to Read Next Source link
Russia Seizes Assets of Two Western Conglomerates
Russia’s seizure of the local operations of Carlsberg and Danone, two of the world’s largest consumer-goods companies, escalates economic hostilities with the West. Source link