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October 6, 2008 3:37:40 PM CDT

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Stories related to: chocolate

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15 Stories

  • August 2008

    • Hershey Boosts Prices by 10% as Costs Rise

      Reuters  |  Aug 15, 08 8:25 PM CDT

      Hershey Boosts Prices by 10% as Costs Rise

      (Newser) - Chocolate maker Hershey said today it is raising prices by about 10% to offset the new costs of ingredients, Reuters reports. Commodities like cocoa and peanuts are up between 20% and 45%, it said, yet one analyst called the price hike a "real surprise." The candy giant also predicted lower than expected profit for 2008; stocks were down 4% on the news. More »

      Tags

      food prices  • retail sales  • commodities  • chocolate  • candy  • price increases  • The Hershey Company

  • June 2008

    • Quest on for Chocolate Genome

      Washington Post  |  Jun 26, 08 6:44 AM CDT

      Quest on for Chocolate Genome

      (Newser) - Candy giant Mars is investing $10 million in a 5-year research project to unlock the secrets of chocolate's genetic code—the cocoa genome—as the first stage in developing cacao trees that can produce more, survive droughts, and combat disease. Mars intends to make the results public to stop key genes from being privately patented, reports the Washington Post. The cocoa harvest has become volatile and unreliable in recent years. More »

      Tags

      Brazil  • Mars  • IBM  • drought  • chocolate  • genome  • Department of Agriculture  • West Africa

  • April 2008

    • Chocoholics: Science Wants You

      Reuters  |  Apr 29, 08 7:37 PM CDT

      Chocoholics: Science Wants You

      (Newser) - A bar of chocolate a day may keep heart disease away, Reuters reports—or so goes the theory British scientists want to test by recruiting 150 postmenopausal women willing to do their part for science. Eating one bar each day for a year will help study whether a key chemical compound can curb heart disease risk for menopausal women with type 2 diabetes. More »

      Tags

      heart disease  • blood pressure  • diet  • chocolate  • menopause  • The Hershey Company  • flavonoids

    • Dark Chocolate Fends Off Pregnancy Problems

      AFP  |  Apr 29, 08 3:20 PM CDT

      Dark Chocolate Fends Off Pregnancy Problems

      (Newser) - Pregnant women who indulge in a daily treat of dark chocolate are cutting the risk of a serious complication, according to new research. Dark chocolate, rich in the chemical theobromine, helped prevent preeclampsia, a serious condition related to high blood pressure that affects up to 8% of pregnancies, the study found. More »

      Tags

      pregnancy  • blood pressure  • chocolate  • pregnant  • prenatal care

    • Silicon Valley Startup Craves Chocolate

      Economist  |  Apr 23, 08 11:18 AM CDT

      Silicon Valley Startup Craves Chocolate

      (Newser) - San Francisco startup Tcho has all the sweet Silicon Valley trimmings, the Economist reports; high-profile tech alums, online beta testing and stock options for all. But its product is even sweeter: top-quality chocolate. The company has developed a means to grade cocoa beans' complex nuances on a "flavor wheel," taking a cutting-edge approach to a timeless artisanal craft. More »

      Tags

      food  • Silicon Valley  • innovation  • chocolate  • agricultural economy

  • February 2008
  • December 2007

    • Campbell's Sells Godiva

      New York Times  |  Dec 21, 07 11:59 AM CST

      Campbell's Sells Godiva

      (Newser) - To ensure that its bottom line stays “M'm! M'm! Good,” the Campbell Soup Company sold its upscale Godiva chocolate brand yesterday for $850 million. Yildiz Holding of Turkey beat out Starbucks and Hershey’s to nab the Belgian chocolatier, which racks up $500 million in annual sales, the New York Times reports. The sale will help Campbell’s recover from a 7.2% drop in its first-quarter net. More »

      Tags

      Turkey  • luxury goods  • chocolate  • Godiva  • soup

    • Chocolate Makers Face Sticky Probe

      Wall Street Journal  |  Dec 20, 07 5:25 PM CST

      Chocolate Makers Face Sticky Probe

      (Newser) - Following a similar investigation in Canada last month, the Justice Department has launched a probe into possible price-fixing in the US chocolate industry. The suspects form a rich, creamy lineup: M&M maker Mars acknowledged it has been contacted by the DOJ, the Wall Street Journal reports. Nestle, too, says it is aware of the investigation but has not yet been contacted. Other makers declined comment.   More »

      Tags

      Department of Justice  • antitrust  • chocolate  • price fixing  • Hershey  • Cadbury Schweppes  • Nestle

  • November 2007

    • Before It Was Chocolate, It Was Beer

      Reuters  |  Nov 13, 07 8:24 AM CST

      Before It Was Chocolate, It Was Beer

      (Newser) - Chocolate had its origins at least 3,100 years ago in Central America not as a sweet treat but as a celebratory beer-like beverage, reported scientists yesterday after analyzing residues from ancient pottery vessels. The earliest beverages made from cacao—the source of chocolate—likely were produced by fermenting the sweet pulp surrounding the seeds, according to Reuters. More »

      Tags

      beer  • chocolate  • Central America  • Aztecs

  • October 2007
  • August 2007

    • Dark Chocolate Gets Sweeter Every Day

      Los Angeles Times  |  Aug 22, 07 1:10 PM CDT

      Dark Chocolate Gets Sweeter Every Day

      (Newser) - Overall chocolate sales are down, but Americans are increasingly indulging their sweet tooth with dark chocolate. The bitter, coffee-flavored treat is on the rise: Last year, dark chocolate sales surged 15% while sales of more popular milk chocolate dipped 5.5%. And boosted by claims of health benefits, dark chocolate accounted for 63% of all new chocolate products in 2006. More »

      Tags

      FDA  • Mars  • chocolate  • antioxidants  • Hershey  • flavonoids  • Nestle

    • Campbell's to Shed Chocolatier

      Bloomberg  |  Aug 9, 07 12:31 PM CDT

      Campbell's to Shed Chocolatier

      (Newser) - Campbell's may be trimming some fat from its budget: Bloomberg reports the food company is looking to sell the luxe Godiva brand, which is weighing down on the more wholesome corners of its pyramid. Campbell's is intent on slurping up new markets in Russia and China, and the sweets trade—7% of the iconic soupmaker's business—may be a distraction. More »

      Tags

      food  • chocolate  • Godiva  • Campbell  • soup

  • July 2007

    • $600 Coffee 'Processed' by Civets

      Los Angeles Times  |  Jul 13, 07 5:49 AM CDT

      $600 Coffee 'Processed' by Civets

      (Newser) - Move over, Starbucks. Hyper coffee connoisseurs are coughing up $600 for a pound of the world's priciest coffee, a blend plucked from the droppings of a civet, a small Indonesian mammal that forages for fresh coffee beans. Fans describe the taste of kopi luwak as earthy, with a note of rich, dark chocolate, the Los Angeles Times reports. More »

      Tags

      coffee  • Indonesia  • Hong Kong  • chocolate  • beverages  • delicacy  • drinks

    • Sweet Tooth Bolsters Heart Health

      San Francisco Chronicle  |  Jul 4, 07 5:06 AM CDT

      Sweet Tooth Bolsters Heart Health

      (Newser) - More sweet news for chocoholics: Small doses of dark chocolate—even candy-aisle favorites like Dove or Hershey's—may reduce blood pressure by 2-3 points, new research shows. The study, published today in the Journal of the American Medical Association , suggests commercial chocolate can provide some of the same benefits as the high-flavanol lab concoctions tested in earlier studies. More »

      Tags

      health  • heart disease  • blood pressure  • health study  • chocolate  • nitric oxide

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