Craig Giammona – Page 2

Starbucks announced it will start using a calorie-free stevia sweetener in the U.S. and Canada, embracing a plant-based alternative to sugar that has befuddled beverage makers because of its aftertaste.

Starbucks to begin serving stevia as Splenda rival makes inroads

June 12, 2018 at 2:34 p.m.

Starbucks Corp., the world's largest coffee-shop chain, will start serving a calorie-free stevia sweetener in the U.S. and Canada, embracing a plant-based alternative to sugar that has befuddled beverage makers...

A Panera Bread Co. sandwich and chips in Tiskilwa, Illinois, on Oct. 22, 2015.

Panera revamps kids menu, CEO slams McDonald’s ‘inauthentic’ changes

June 10, 2018 at 7:42 a.m.

Panera Bread Co., seeking an edge in an increasingly cutthroat fast-food industry, is removing artificial ingredients from its kids menu and calling out other chains for targeting young diners with...

Kraft Heinz earnings beats estimates as budget cuts fuel profit

June 10, 2018 at 9:39 a.m.

Kraft Heinz Co., formed by a merger of two U.S. food giants last year, posted second-quarter earnings that topped estimates after budget cuts helped bolster margins. Profit was 85 cents...

In this Tuesday, June 30, 2015, file photo, flags fly over ConAgra Foods world headquarters in Omaha, Neb.

ConAgra foods moves ahead with spinoff of Lamb Weston division

June 11, 2018 at 9:44 p.m.

ConAgra Foods filed paperwork to spin off its Lamb Weston food-service business, moving ahead with the latest step in the transformation of the maker of Hunt's ketchup and Chef Boyardee...

Hostess bets on Twinkies as Pabst Blue Ribbon of junk food

June 10, 2018 at 10:45 a.m.

It's a playbook that worked with Pabst Blue Ribbon: Breathe new life into a moribund brand by cultivating hipster credentials. Now, the investors who helped revive Pabst beer are taking...

Some believe Hershey's rejection of Mondelez's $23 billion takeover bid is a negotiating tactic.

Fate of megadeal for Hershey with Oreo-maker Mondelez lies with scandal-plagued trust

June 11, 2018 at 10:30 p.m.

Holding the key to the sale of America's second-biggest candy company is a scandal-scarred, $12 billion charity that all but owns Hershey, Pennsylvania. Hershey Trust Co. controls about 80 percent...

Chipotle executive charged in cocaine-delivery bust

June 10, 2018 at 10:09 a.m.

Chipotle Mexican Grill Inc.'s Mark Crumpacker, one of the beleaguered company's top four executives, was placed on administrative leave following reports that he was linked to a cocaine bust in...

Customers stand near an interactive computer display at the Hershey's Chocolate World store in New York on Jan. 27, 2016. With sugar widely branded a health boogeyman and Americans cutting back on sweets in favor of Greek yogurt and protein bars, Hershey is betting on the growing appetite for jerky.

Protein’s hot, chocolate’s not and Hershey is making beef jerky

June 10, 2018 at 2:48 p.m.

Hershey, Pennsylvania, smells like chocolate. The streetlamps are shaped like Hershey Kisses, and its roads bear names like Cocoa Avenue. So it's a bit strange that Hershey Co., the iconic...

A new Chipotle Mexican Grill location is pictured at University Village in Seattle, Washington on November 3, 2015.

Chipotle faces no-win scenario as crisis taints every move

June 11, 2018 at 3:26 a.m.

Chipotle Mexican Grill responded quickly when four of its workers called in sick last week with suspected cases of norovirus. The Boston-area restaurant was shuttered for cleaning, and no customers...

Chipotle is under increased scrutiny following outbreaks of foodborne illnesses.

Chipotle outbreaks send Wall Street looking for price bottom

June 12, 2018 at 7:16 a.m.

Wall Street is struggling to figure out if the worst is over for Chipotle Mexican Grill Inc. The burrito chain, staggering from a foodborne-illness crisis entering its third month, has...

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