Shoppers face higher orange juice prices as futures hit another record

[ad_1] Coca-Cola Co.’s Minute Maid and Simply Orange brand orange juices sit on display in a supermarket in Princeton, Illinois. Daniel Acker | Bloomberg | Getty Images Orange juice is…

Smucker agrees to buy Twinkies maker Hostess Brands for $5.6 billion

[ad_1] Jelly maker J.M. Smucker is buying Twinkie owner Hostess Brands for $5.6 billion, or $34.25 a share. Hostess shareholders will receive $30 in cash and .03002 share of Smucker’s…

Macron Hunts for Cheaper Cheese for the French

[ad_1] Bonjour et bienvenue to the Paris Edition. I’m Bloomberg Opinion columnist Lionel Laurent. If you haven’t yet, subscribe now to the Paris Edition newsletter. It’s “name and shame” time…

Instacart files to go public on Nasdaq to try and unfreeze tech IPO market

[ad_1] Instacart, the grocery delivery company that slashed its valuation during last year’s market slide, filed its paperwork to go public on Friday in what’s poised to be the first…

Prebiotic soda Olipop approaches $200 million in annual sales — and CEO says Coca-Cola and PepsiCo have already come knocking

[ad_1] Prebiotic soda maker Olipop is set to cross $200 million in annual sales this year, just five years after it arrived on grocery store shelves. Founder and CEO Ben…

PepsiCo raises outlook as quarterly results beat expectations

[ad_1] Pepsi sodas displayed for purchase at a Walmart SuperCenter on December 06, 2022 in Austin, Texas. Brandon Bell | Getty Images PepsiCo on Tuesday boosted its outlook for the year…

McDonald’s diners are pushing back against price increases in some markets, CEO says

[ad_1] McDonald’s customers are pushing back against higher prices in some markets and adding fewer menu items to their orders, CEO Chris Kempczinski said Tuesday. Shares of McDonald’s fell slightly…

Coca-Cola is about to report earnings. Here’s what to expect

[ad_1] A pedestrian passes a Coca-Cola delivery truck in Mexico City, Mexico, on Wednesday, Jan. 25, 2023. Jeoffrey Guillemard | Bloomberg | Getty Images Coca-Cola is expected to report its…

The Swedish rival to Tesla’s Semi scores a deal with PepsiCo to deliver snacks in the UK

[ad_1] Swedish electric vehicle maker Einride will supply two of its heavy-duty trucks to PepsiCo as part of an expansion into the U.K. Einride Swedish electric vehicle manufacturer Einride has…

Restaurant prices are rising faster than grocery prices for the first time since inflation ran hot

[ad_1] People sit outdoors at the Petite Crevette Restaurant on June 05, 2021 in the Brooklyn borough of New York City. Robert Nickelsberg | Getty Images For the first time…