Kraft's 1Q profit beats Wall Street expectations
Kraft Foods is reviving old brands like Kool-Aid and betting on big new innovations as it begins finding its way as a smaller, independent company.

Asia stocks down on US, China economic fears
Asian stock markets fell Thursday after U.S. and Chinese data pointed to slower growth in the world's two biggest economies. Analysts are concerned ...

EEOC seeks damages for disabled Iowa plant workers
A now-defunct Texas company that put mentally disabled men to work at an Iowa turkey plant for decades is due in court to defend itself against ...
Peltz discloses stakes in PepsiCo, Mondelez
Activist investor Nelson Peltz has disclosed stakes in Mondelez and PepsiCo, following earlier reports that the billionaire could be pushing for a ...
PepsiCo says it's not hungry for a big snack deal
PepsiCo Inc. says it isn't interested in any big acquisitions after a report suggested a mega-snack food deal could bring its Doritos under the same ...
Philip Morris Int'l CEO Camilleri to step down
Philip Morris International Inc. said Wednesday that CEO Louis C. Camilleri will step down and be replaced by the man who led it before it became an ...
China destroys Ikea cake, Nestle chocolate
Chinese authorities say they have destroyed nearly two tons of chocolate cake imported by Sweden's Ikea for violating food quality standards.
Grey Poupon to air 'Pardon Me' ads after 16 years
Grey Poupon's famous "Pardon Me" TV commercial is returning for a moment of Oscar glory. After a 16-year hiatus, the mustard that mocked its own ...

Kraft Foods expects lower 4Q revenue
Kraft Foods, the company behind brands such as Oscar Mayer and Miracle Whip, said Friday that it expects to report lower revenue for the fourth ...
Executive gets 6 years in tomato price-fixing scam
Frederick Scott Salyer has been described as one of the most influential men in California's agriculture industry, but on Tuesday he learned that ...
Salt subtly trimmed from many foods amid campaign
Salt has quietly been slipping out of dozens of the most familiar foods in brand-name America, from Butterball turkeys to Uncle Ben's flavored rice ...