Shares of KFC and Pizza Hut Indian operator Devyani jump on merger with rival franchisee Sapphire

Shares of KFC and Pizza Hut Indian operator Devyani jump on merger with rival franchisee Sapphire

CITY CENTER, KOLKATA, WEST BENGAL, INDIA – 2019/06/26: Pizza hut outlet at City Center Shopping Mall of Kolkata . (Photo by Avishek Das/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares of KFC and Pizza Hut Indian operator Devyani International rose as much as 5.3% after it announced plans to merge … Read more

Italy says U.S. sharply reduced proposed pasta tariffs after a review

Italy says U.S. sharply reduced proposed pasta tariffs after a review

Packages of pasta imported from Italy are seen in a supermarket in Houston, Texas, on Nov. 12, 2025. Ronaldo Schemidt | AFP | Getty Images Italy’s foreign ministry said on Thursday the United States had sharply lowered proposed duties on several Italian pasta makers following a reassessment of their U.S. activities. In October, the United … Read more

Kraft Heinz taps former Kellanova CEO Steve Cahillane to lead company ahead of breakup

Kraft Heinz taps former Kellanova CEO Steve Cahillane to lead company ahead of breakup

Kraft Heinz announced plans to split into two separately traded companies, reversing its 2015 megamerger, which was orchestrated by billionaire investor Warren Buffett. Justin Sullivan | Getty Images News | Getty Images Kraft Heinz on Tuesday announced that former Kellanova CEO Steve Cahillane will lead the company ahead of its planned split next year. Cahillane … Read more

‘The next protein’: Fiber is shaping up to be the latest grocery obsession

‘The next protein’: Fiber is shaping up to be the latest grocery obsession

Workers are suspended on a Pepsi sign on a building outside of Allegiant Stadium ahead of LVIII in Las Vegas, Nevada, U.S., February 9, 2024. Brian Snyder | Reuters One of this year’s top food trends is facing some tough competition. Protein captivated consumers and food companies in 2025, but fiber is increasingly stealing the … Read more

Trump pardons Thanksgiving turkeys, blasts Biden and says Ukraine peace deal is ‘very close’

Trump pardons Thanksgiving turkeys, blasts Biden and says Ukraine peace deal is ‘very close’

U.S. President Donald Trump looks at Gobble one of two turkeys to ceremonially pardoned for Thanksgiving in the Rose Garden at the White House in Washington, D.C., U.S., November 25, 2025. Jonathan Ernst | Reuters Gobble and Waddle won’t get gobbled this Thanksgiving — they’re waddling off to freedom instead after President Donald Trump granted … Read more

The fast-casual bowl boom is over. Wall Street isn’t sold on Cava, Chipotle deals to lure back spenders

The fast-casual bowl boom is over. Wall Street isn’t sold on Cava, Chipotle deals to lure back spenders

The Washington Post | The Washington Post | Getty Images At 12:30 p.m. in midtown Manhattan on mid-week office days, long lines still form outside Chipotle, Cava, and Sweetgreen. Fast-casual bowls remain the defining lunch of the hybrid-work era, something quick to carry, simple to eat at a desk, and familiar enough to order without … Read more

American farmers push to boost soybean sales in China as Trump’s trade war rumbles on

American farmers push to boost soybean sales in China as Trump’s trade war rumbles on

After President Donald Trump’s recent meeting with Chinese leader Xi Jinping, there is hope for U.S. farmers that the soybean business may be on the way back. At the China International Import Expo last week, Illinois soybean farmer Scott Gaffner said he came to Shanghai to save his China business. “We want to make sure … Read more

Instacart tops third-quarter expectations under new CEO Rogers, gives strong guidance

Instacart tops third-quarter expectations under new CEO Rogers, gives strong guidance

Instacart topped third-quarter earnings and issued upbeat guidance under new CEO Chris Rogers. The grocery delivery platform‘s stock was flat. Here’s how the company did versus LSEG estimates: Earnings per share: 51 cents adjusted vs. 49 cents expected Revenue: $939 million vs. $934 million expected Revenues rose 10% from $852 million in the year-ago period. … Read more