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Chocolate Prices Rigged: Canada

Nestle, Mars charged; Hershey already expected to plead

(Newser) - The Canadian branches of Nestlé and Mars were both slapped with criminal charges yesterday, with Canada's Competition Bureau accusing both of price-fixing the chocolate market following a 5-year investigation. Hershey was also party to the scheme, which dates to 2007 and earlier, but the bureau recommended leniency because it...

Horse Meat Scandal Hits Nestle
 Horse Meat Scandal Hits Nestle 

Horse Meat Scandal Hits Nestle

'Beef' meals yanked in Italy, Spain

(Newser) - The horse meat scandal galloping across Europe hasn't spared the world's biggest food company. Nestle, which previously insisted that its beef products had not been affected, has withdrawn beef pasta meals sold in Italy and Spain after DNA tests revealed that they contained more than 1% horse meat,...

Lean Cuisine Ravioli: Now With Glass Shards

Nestlé recalls product after shards found inside

(Newser) - If you have any Lean Cuisine mushroom ravioli in your freezer, you might want to think twice before eating it. Nestlé Prepared Foods Co. has issued a recall for the product, the AP reports, over a tiny, little problem: Consumers reported finding glass shards in it. Officials say affected products...

Starbucks Rolls Out Single-Serve Espresso Maker

It's a gamble in a drip-coffee world

(Newser) - Desperate for a Starbucks latte? Now you won't have to make that arduous 15-foot journey to your nearest location. That's because the company has rolled out its single-serve espresso machine on its website; it'll hit Williams-Sonoma and other stores in early October and come to Starbucks' own...

Cadbury Wins Official Rights to Its Signature Purple Color
 Cadbury Now Owns This Color 

Cadbury Now Owns This Color

Defeats Nestle in war over classic purple

(Newser) - It took a three-year battle, but Cadbury has finally won the official rights to its historic purple color. The candy company had the color, pantone 2865c, trademarked in 2008, but Nestle said the color wasn’t unique enough to deserve a trademark. Now UK officials have ruled that the shade...

Plastic in Meatballs Prompts Lean Cuisine Recall

Company doesn't think many boxes were affected

(Newser) - At least it's not salmonella: Lean Cuisine issued a recall today because some of its meatballs might have a little red plastic in them, reports the Healthland blog at Time. Parent company Nestlé recalled Spaghetti With Meatballs in the Simple Favorites line with the production code 0298595519 P. Nestlé didn't...

Nestle's Plan to Trim Your Waist: Trick Your Belly

Scientists pursue fullness-inducing food

(Newser) - Scientists at Nestle are working on food to fool our stomachs. They’re studying the “gut brain”—which tells us when we’re hungry and when we’re full—in an effort to develop products that will keep us feeling full longer and thus reduce overeating, the Wall ...

Jenny Craig Bets French Women Do Get Fat

Nestle brings its diet program to Europe

(Newser) - Contrary to popular belief, French women do get fat, or at least that's what Nestle is banking on: The company's Jenny Craig diet program hits the country tomorrow, and will expand to Britain next quarter. "The French have a negative reaction to American food," says a Jenny Craig...

Nestle Scraps Milk Deal With Mugabe Farms

Critics threatened company boycott over 'blood milk'

(Newser) - Nestle will stop buying milk from Zimbabwean farms seized by the wife of Robert Mugabe after human rights advocates called for an international boycott of the Swiss conglomerate's products. The leader of a South African right group tells the Telegraph he's happy Nestle was giving up "blood milk."...

Nestle Buys Milk From Farms Mugabe Seized

Zimbabwean leader's wife sells 265K gallons a year to food giant

(Newser) - Nestle is buying up to 265,000 gallons of milk a year from a Zimbabwean farm seized from white landowners and now owned by the wife of Robert Mugabe. Grace Mugabe has taken over at least six of the country's most valuable farms, reports the Telegraph. As a Swiss company,...

Cash-Strapped Drinkers Spurn Bottled Water

(Newser) - A combination of penny-pinching and environmental concern has pushed bottled water sales off for the first time in at least 5 years, the Washington Post reports. In 2008, consumption of bottled water fell for the first time this decade. “It's an obvious way to cut back,” a researcher...

New Chocolate Has 90% Fewer Calories, Doesn't Melt

(Newser) - A mistake in the labs of the world's largest chocolate producer inadvertently led researchers to the ultimate in confectionery: a recipe that's not only heat-resistant, but that contains 90% fewer calories than normal chocolate. Food engineers fooling around at Barry Callebaut, which makes products for Nestlé and Cadbury, ended up...

Feds Confirm E. Coli in Cookie Dough

FDA still has no idea how bacteria made its way into Nestle dough

(Newser) - The FDA has confirmed the presence of E. coli in cookie dough from Nestle's Virginia plant, reports the Washington Post. The plant's refrigerated cookie dough was the prime suspect in an outbreak of E. coli-related illness that sickened 69 people in 29 states. But investigators remain confounded as to how...

Cow E. Coli in Cookie Dough Stumps Feds

How could E. coli have invaded the supply?

(Newser) - Feds are scouring Nestle's Virginia plant for clues as to how E. coli 0157, which is found in cow intestines, ended up in cookie dough products the company recalled last week, the Washington Post reports. “It's a fascinating outbreak," said one of the bacterial mystery. "By just...

E. Coli Fears Prompt Recall of Toll House Cookie Dough

(Newser) - Nestle is voluntarily recalling Toll House refrigerated cookie dough products after a number of illnesses were reported by those who ate the dough raw. The FDA and CDC are investigating reported E. coli illnesses that might be related, the company said. Sixty-six reports of illness in 28 states have come...

Soaring Candy Sales Sweeten Hard Times

Confectioners' profits rise as people seek comfort

(Newser) - Tough times don’t seem to be trickling down to inexpensive candy shops, where adult customers are flocking for a sugar-coated escape from their troubles, the New York Times reports. “People may indulge themselves a little bit more when times are tough,” says an analyst. And indulge they...

Chocolate Sales Are Bittersweet

 Chocolate Sales Are Bittersweet 

Chocolate Sales Are Bittersweet

Battle to elevate taste to expensive brands proves bittersweet as economy sours

(Newser) - Chocolate sales, reputed to be recession-proof, are taking a hit in this downturn as consumers’ taste for more expensive brands has soured, reports the Financial Times. Companies that jumped into premium candies have been hurt by the downturn, and analysts say the market has been “trading down” from premium...

Novartis, Nestle Agree to $39B Deal on Alcon

Two-step deal would give Swiss pharma a majority stake in the eye-care company

(Newser) - Nestle and pharma giant Novartis continued swapping brands today, with Novartis, which sold Gerber to Nestle last year, agreeing to pay $39 billion for a 77% stake in eye-care company Alcon, reports the Wall Street Journal. The two-step deal—Novartis will pay $11 billion for 74 million shares this year...

EU Probes Chocolate Price Fixing
EU Probes Chocolate Price Fixing

EU Probes Chocolate Price Fixing

Hershey, Mars, others suspected of conspiracy

(Newser) - The European Commission suspects candy giant Hershey of conspiring with other chocolate and candy manufacturers in an industry-wide price-fixing scheme, AP reports. Both Hershey and rival Mars recently received requests for information from the commission after some 50 civil lawsuits in the US have alleged price fixing. The two companies...

Chocolate Makers Face Sticky Probe
Chocolate Makers Face Sticky Probe

Chocolate Makers Face Sticky Probe

US and Canada investigate possible price-fixing

(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...

Stories 21 - 40 | << Prev   Next >>
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