food and drink

Increased sausage demand could be worrying signal on the economy

An uptick in sausage demand can offer the latest sign of consumers tightening their belts as they continue grappling with…

Harris to propose federal ban on ‘corporate price-gouging’ in food and groceries

WASHINGTON — Vice President Kamala Harris plans to propose the first-ever federal ban on “corporate price-gouging in the food and…

Athletic Brewing raises $50 million as nonalcoholic wave sweeps beer making

Leading nonalcoholic brewer Athletic Brewing Company announced Tuesday it’s raised an additional $50 million in equity financing in a round…

FTC prepares to sue largest U.S. alcohol distributor, alleging ‘secret kickbacks’

The Federal Trade Commission is preparing an antitrust lawsuit against the largest U.S. alcohol distributor, Southern Glazer’s Wine and Spirits,…

How private equity rolled Red Lobster

Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it. Red Lobster was…

Biden takes credit for Target grocery price cuts: ‘They’re answering the call’

President Joe Biden took a victory lap after Target announced it was lowering prices on groceries and other items —…

Sweetgreen shares soar 34% after company beats revenue expectations

Sweetgreen shares surged nearly 34% on Friday after the company topped Wall Street’s revenue expectations for the fiscal first quarter…

Demand for french fries reflects resilient consumer as so-called fry attachment rate holds steady

It’s a timeless question at fast-food counters: Do you want fries with that? Responders continue answering affirmatively at a higher-than-average…

Trump’s pro-Anheuser-Busch post came after UFC boss Dana White urged him to back company, source says

Former President Donald Trump’s social media post earlier in the week asking his supporters to give Anheuser-Busch a “second chance”…

Trader Joe’s appeals dismissal of lawsuit claiming labor union violated trademark

Trader Joe’s is asking a federal appeals court to reverse a judge’s scathing dismissal of the grocery store chain company’s…