Warren Buffett says he is ‘disappointed’ in Kraft Heinz split; shares fall 5%
Warren Buffett told CNBC on Tuesday that he is disappointed in the Kraft Heinz split that unwinds much of the blockbuster merger he masterminded a...
Tag : Food and drink
Matcha mania turns the green powder into gold
A recent surge in matcha’s popularity has led to a global matcha shortage, driven by soaring demand and limited production in Japan, where high-quality matcha...
From ‘cheap food and curry houses’ to upscale dining: The rise of Indian restaurants in the U.S.
Semma restaurant in New York, NY. Courtesy: Steven Hall Executive Chef Vikas Khanna has plated hundreds of thousands of dinners over the past 20 years...
Fewer people are drinking — and that’s changing how they travel
Peter Shankman, an American, said he looked forward to free drinks when he flew business class for work. The entrepreneur would have a drink, then...
China’s booming bubble tea industry faces a test: Is it here to stay or just a fad?
Bubble tea may have started as a playful drink, but it has grown into an industry worth billions. The global bubble tea market size will...
Carlsberg CEO notes changing beer habits amid cost pressures
Il21 | Istock | Getty Images Spending pressures are dividing beer drinking habits, further clouding the outlook for brewers already battling declining sales volumes. Drinkers...
Restaurants are adding dozens of new spicy menu items in a bid for younger diners
Chipotle Mexican Grill’s new Adobo Ranch dip Source: Chipotle Mexican Grill Restaurant brands are hoping hot new menu items will drive visits among younger costumers....
Shares of world’s largest brewer AB InBev tumble 9% on declining volumes
Budweiser beer cans displayed for sale in a supermarket. Sopa Images | Lightrocket | Getty Images Shares of AB InBev plunged as much as 11%...
Ferrero to buy cereal maker WK Kellogg for $3.1 billion; Kellogg shares jump 30%
Boxes of Kellogg’s Special K cereal are displayed on shelves at an H-E-B grocery store on May 6, 2025 in Austin, Texas. Brandon Bell |...
Spirit makers face a sobering cocktail of challenges — from tariffs to teetotalers
Various whiskey bottles on shelves in a bar. Hiob | Istock | Getty Images Global spirit makers are staring down a sobering cocktail of challenges...