HJ Heinz Co

J.C. Penney's Stock Heading for Everyday Low Prices

J.C. Penney stock tumbled last week, fell again yesterday, and is set to slide some more today. A big investor, Vornado Realty Trust, reportedly sold 10 million shares of the retailer on Monday, almost half of its stake.

Warren Buffett Part of Group to Buy Heinz in $23 Billion Deal

H.J. Heinz Co. has agreed to be acquired by an investment group including billionaire investor Warren Buffett in a deal valued at $23.3 billion. The ketchup company says it's the largest deal ever in the food industry. Berkshire Hathaway and 3G Capital are making the purchase.

Snack Attack! Kraft Sues Kellogg Over Patented Cookie Packaging

A new battle for snack supremacy is being fought -- not over who makes the best cookies, but over who has rights to the packaging they come in. Kraft Foods Global Brands is suing Kellog's, claiming the company is using Kraft's patented technology to keep Keebler and Sandies cookies fresh.

Your Summer Forecast: High Temperatures, Higher Food Prices

That unrelenting sun that's been scorching your lawn and straining your air conditioner? It's about to send your grocery bill soaring too. Record-breaking heat and reduced rainfall are wreaking havoc on the corn crop -- and corn goes into practically everything we eat.