Tyson Foods has won a bid to acquire Hillshire Brands for $7.7 billion, beating out an offer from Pilgrim's Pride. A look at what led up to the bidding war for Hillshire, ultimately resulting in Tyson making one of the biggest meat industry mergers ever.
Sbarro has emerged from bankruptcy protection and moved its headquarters to Ohio, where it will focus on building up its fast-casual concept, Pizza Cucinova. Can Sbarro really make a comeback?
Panera announced Tuesday that it will remove all artificial additives from its menu by 2016 as restaurant chains race to lure customers with the promise of more natural products. Panera has made conscientious food choices central to its brand in recent years.
Housing starts jumped 13.2 percent in April, but some experts aren't celebrating. Most of the housing starts gains were in the multifamily sector, which, along with low wages and a stagnant recovery in well-paid full-time jobs, could signal a growing class of long-term renters in the US.
Fast-food protests going global means more union support and creating a presence in countries that fast-food chains increasingly depend on for most of their earnings.
Coca-Cola will be removing a chemical also found in flame retardant from many of its sodas and sports drinks by the end of the year. Coca-Cola joins Subway, Pepsi, and others as the latest food giant to make a recipe change to cater to a more ingredient-conscious public, but are such tweaks really improving the US food system?
Unemployment rate plunged to 6.3 percent in April, but teen employment still lags behind pre-recession levels. Why the high teen unemployment rate? Fewer teens want to work, and the ones who do face increased competition from immigrants, retirement-age workers, and even college and high school graduates.
As the NBA begins the likely messy process of forcing Donald Sterling to sell his team after giving him a lifetime league ban and a $2.5 million fine, a big question looms: If the NBA and its owners can get Sterling to sell, who will be the new Clippers owner? Several famous names have already thrown their hats into the ring, including sports superstars, titans of entertainment and business, and a former child actor.
Mercedes-Benz recall involves C300, C300 4Matic, C350, and C63 AMG vehicles with model years between 2008 and 2011. No accidents or injuries have been reported in connection to the Mercedes-Benz recall.