Coca-Cola joins A-Rod with stake in text-to-pay beverage brand

Craig Giammona|Published

Coca-Cola is taking a minority stake in Iris Nova, the company behind a cashierless New York store where customers pay for drinks via text message.

Coca-Cola's healthier drinks help sales and profit top estimates

Craig Giammona|Published

Coca-Cola Co. posted sales and profit that beat estimates as the company got a boost from its lower sugar beverages.

Wrigley billionaire moves from chewing gum to medical marijuana

Craig Giammona|Published

The scion of a family that made a fortune in chewing gum is moving into pot.

PepsiCo gets another boost from salty snacks

Craig Giammona|Published

PepsiCo Inc. , grappling with a slumping soda business, got another boost from its food operations.

Burger King misses estimates

Craig Giammona|Published

Restaurant Brands International’s second quarter sales lend credence to speculation that the fast-food industry is entering a slump.

For Hershey, protein’s hot, chocolate’s not

Craig Giammona|Published

American chocolate titan Hershey is betting on consumers’ growing appetite for dried meat.

Kraft Heinz trims more jobs

Craig Giammona|Published

Food company Kraft Heinz plans to eliminate about 2 600 jobs and close seven factories as management works to cut costs.

Kellogg looks to Africa for growth

Craig Giammona|Published

American cereal titan Kellogg agrees to buy a 50-percent stake in Nigeria’s Multipro to aid its expansion in Africa.

Starbucks changes latte recipe

Craig Giammona|Published

Coffee chain Starbucks pulls artificial colouring from its popular pumpkin spice latte amid criticism.

Starbucks: La Boulange stores not sustainable

Craig Giammona|Published

Starbucks will close all 23 of its La Boulange bakery cafes by the end of September.

Strong appetite for Krispy Kreme’s wares

Craig Giammona|Published

Doughnut company Krispy Kreme fuelled growth by adding espresso and smoothie drinks and opening more stores.

McDonald’s: May sales topped projections

Craig Giammona|Published

Growth in Europe has helped McDonald’s to make up for a lingering slump in the United States.

McDonald’s fails to appease labour critics

Craig Giammona|Published

Labour organisers have a message for McDonald’s: Nice try, but the protests will continue.