Nestle CEO departure seen as ‘not such a bad thing’ for investors, analyst says
Nestle has replaced its CEO Mark Schneider with company veteran Laurent Freixe in a bid to shake up its fortunes.
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Food and drink
Europe’s wineries battle to survive as extreme heat hurts production
Extreme weather is threatening production at southern Europe's wineries, with one fine wine grape variety at risk of extinction. Source
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Walmart adds a Burger King benefit to its membership program
Walmart announced a new partnership with Burger King that will offer Walmart+ members 25% off any Burger King order made
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From Chipotle to Cava and Panda Express, more big restaurant chains are rapidly expanding into small town America
Chipotle, Panda Express and other food chains are moving into rural America after Covid killed many independent restaurants. Source link
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Harris to propose federal ban on ‘corporate price-gouging’ in food and groceries
Vice President Kamala Harris would expand FTC authority to help enforce a proposed federal ban on excessive prices in the
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Inside the new Turkish hotel right by beach that has hosted Olympic athletes
Inside huge new Turkish hotel right by beach that has hosted Olympic athletes – with swimming pools and s… The Sun
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Keurig Dr Pepper earnings meet estimates as higher prices fuel U.S. soda sales
Keurig Dr Pepper's second-quarter earnings and revenue met Wall Street's expectations. Source link
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Restaurants sit half-empty in Turkey this summer as inflation reaches 91% in places sending tourists and locals flocking to neighboring Greece
Restaurants sit half-empty in Turkey this summer as inflation reaches 91% in places sending tourists and locals flocking to neighboring
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Athletic Brewing raises $50 million as non-alcoholic wave sweeps brewing
Athletic holds over 19% market share within non-alcoholic beer and is driving 32% of total non-alcoholic beer category growth, according
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