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Food & Beverage
Patrick Grismer will succeed Starbucks CFO Scott Maw, who is set to retire at the end of November after seven years with the company.
Shares of Chipotle Mexican Grill slipped more than 2 percent in premarket trading Monday after Oppenheimer downgraded the stock and said Wall Street is too optimistic about the company’s earnings trajectory.
Shares of Dunkin’ Brands spiked Tuesday as shareholders speculate that the doughnut chain may be a potential target for acquisition.
Campbell Soup has tapped investment bank Goldman Sachs to look at the possibility of selling off some of its businesses to help pay down debt left in the wake of its $6.1 billion acquisition of pretzel maker Snyder’s Lance earlier this year, people familiar with the review tell CNBC.
The differing fortunes of PepsiCo’s snack and beverage have attracted the attention of analysts, investment bankers and activist investor Nelson Peltz.
McDonald’s second-quarter earnings beat Wall Street estimates, but U.S. sales cooled more than expected and revenue tumbled 12 percent, the company said in announcing its results Thursday.
Health experts say they’re examining a possible link between McDonald’s salads and an intestinal parasite that has sickened at least 61 customers. Kate Rogers takes a look at whether McDonald’s will be able to contain the damage better than Chipotle did when it faced a similar issue.
Kate Rogers reports Starbucks plans to eliminate plastic straws from its stores globally by 2020.
Starbucks said Monday that it would eliminate single-use plastic straws from all of its cafes globally by 2020.
Andrew Ross Sorkin reports on the departure of Starbucks chairman and former CEO Howard Schultz and speculation he may seek opportunities in politics.
In the wake of Howard Schultz’s departure as Starbucks Executive Chairman, Kate Rogers takes a look at what this means for the company, as the food and beverage environment becomes more competitive.
Kate Rogers reports on Chipotle’s quarterly numbers with a new chief executive at the helm.
Dunkin’ Donuts posted earnings that beat analyst expectations on Tuesday.
CNBC’s Landon Dowdy discusses Budweiser dropping to the fourth most popular beer, trailing Miller Coors beers and the company’s own Bud Light.
Jack in the Box is teaming up with Merry Jane to launch curated meals to celebrate recreational pot becoming legal in California.