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Food and drink

Here’s the inflation breakdown for August 2024 — in one chart

by Merchant Moller
Here’s the inflation breakdown for August 2024 — in one chart

Grace Cary | Moment | Getty Images Inflation continued to throttle back in August, signaling that the fast-rising prices that plagued the U.S. economy for the better part of the …

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SEC charges Keurig Dr Pepper over K-Cup recyclability

by Merchant Moller
SEC charges Keurig Dr Pepper over K-Cup recyclability

A green tea pod inside a Keurig brand coffee maker, Dec. 17, 2022. Gado | Archive Photos | Getty Images The Securities and Exchange Commission has charged Keurig Dr Pepper …

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Nelson Peltz steps down as chair of Wendy’s board

by Mark McDuffie
Nelson Peltz steps down as chair of Wendy’s board

Nelson Peltz speaking at the 2019 Delivering Alpha conference in New York on Sept. 19, 2019. Adam Jeffery | CNBC Nelson Peltz is stepping down as chair of Wendy’s, ending …

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Beyond Meat to launch new steak alternative as it focuses on health

by Mark McDuffie
Beyond Meat to launch new steak alternative as it focuses on health

Beyond Meat in El Segundo, California, on May 30, 2024. Christina House | Los Angeles Times | Getty Images Beyond Meat will introduce a whole-muscle steak alternative as part of …

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Molson Coors pumps the brakes on DEI practices

by Mark McDuffie
Molson Coors pumps the brakes on DEI practices

Coors beer is displayed on a store shelf on February 13, 2024 in San Rafael, California.  Justin Sullivan | Getty Images Molson Coors is the latest addition to a growing …

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Chocolate’s future could hinge on success of growing cocoa not just in the tropics, but in the lab

by Margaret Jenner
Chocolate’s future could hinge on success of growing cocoa not just in the tropics, but in the lab

WEST SACRAMENTO, Calif. — Climate change is stressing rainforests where the highly sensitive cocoa bean grows, but chocolate lovers need not despair, say companies that are researching other ways to …

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Cannabis industry targets luxury consumers in New York

by Mark McDuffie
Cannabis industry targets luxury consumers in New York

The Travel Agency on Fifth Avenue in New York Cityis an adult-use recreational marijuana dispensary. Courtesy: The Travel Agency Cannabis consumption has turned a corner — and now it’s on …

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Nestle CEO replacement not such a bad thing for investors: Analyst

by Merchant Moller
Nestle CEO replacement not such a bad thing for investors: Analyst

Bars of original KitKat chocolate, produced by Nestle SA. Jason Adlen | Bloomberg | Getty Images LONDON — Investors may think that the replacement of Nestle CEO Mark Schneider with …

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Wineries in Italy, Greece, Spain battle extreme heat, lower production

by Merchant Moller
Wineries in Italy, Greece, Spain battle extreme heat, lower production

This year’s wine harvest is in full swing on the perennially popular Greek island of Santorini, but for local winemaker Yiannis Paraskevopoulos, the prospects do not look good. Extreme temperatures …

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Walmart adds Burger King benefit for Walmart+ members

by Mark McDuffie
Walmart adds Burger King benefit for Walmart+ members

A Burger King Whopper hamburger is displayed in San Anselmo, California, on April 5, 2022. Justin Sullivan | Getty Images Walmart members are in for a whopper of a deal. …

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