Wolverine Packing is recalling about 1.8 million pounds of ground beef products sold for restaurant use that may be contaminated with E. coli bacteria.
Campbell Soup posted weaker-than-expected quarterly sales as increased promotions failed to drive growth in its U.S. soup division.
Darden Restaurants says it entered an agreement to sell its Red Lobster chain to investment firm Golden Gate Capital in a $2.1 billion cash deal.
L'Oreal rolls out an app for iPhone and iPad that allows customers to take the guessing out of trying a new color lipstick or a new shade of eye shadow.
Cereal-makers and regulators are doing little to reduce the amount of sugar U.S. kids consume each morning, adding up to about 10 pounds per child per year.
Producer prices posted their largest increase in 18 months years in April as the cost of food and trade services surged.
A fast-spreading scheme aims to steal users' Gmail passwords, and it appears to be able to get past most computer security systems.
The recession taught many consumers how to stretch their food dollars, making it difficult for food producers and restaurants to raise prices on goods.
Demand for craft-brewed beers has been strong, and that means the price for a particular type of hop is in short supply, sending the price for it soaring.
Hillshire is buying Pinnacle Foods, whose brands include Duncan Hines, Bird's Eye, Hungry Man and Aunt Jemima, in a deal valued at about $4.23 billion.
Toyota chalked up a record annual profit and sales above 10 million vehicles for the first time, but forecast a slower year ahead.
Americans with a 4-year college degree will end up earning $800,000 more during their lifetimes than those with only a high school degree, a report shows.
Higher food costs are forcing Chipotle Mexican Grill's first company-wide increase in three years. Investors should cheer the move.
A killer virus is spreading among U.S. hog farms, wiping out more than 10 percent of the nation's pig population and sending pork prices to record highs.
As part of a companywide overhaul, Toyota is planning to move its sales and marketing headquarters to suburban Dallas from Southern California, reports say.
Warren Buffett, Coca-Cola's largest shareholder, says Coke's executive plan is excessive, after it was approved at the beverage maker's annual meeting.
McDonald's reported a lower profit for the first quarter as the world's biggest hamburger chain saw global sales remain weak.
The Crumbnut, a version of the trendy Cronut, will soon be sold at BJ's. Starbucks, Boston Market and other eateries also prepare items for supermarkets.
Kraft Foods is recalling 96,000 pounds of its Oscar Mayer wieners because they may mistakenly contain cheese.
A Philadelphia chocolate maker and candy store says it has resolved a tax issue that threatened to shutter the establishment days before Easter.