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March 29, 2020
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Coronavirus hits already struggling US farmers with drop in prices

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CNBC – For more and to sign up click here In this photo taken March 20, 2020, cattle rancher Joe Whitesell rides his horse in a field near Dufur, Oregon, as he helps a friend herd cattle. Gillian Flaccus | AP U.S. farmers have endured a slew of financial hardships......
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Target scales back store remodels and openings amid coronavirus outbreak

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CNBC – For more and to sign up click here Target is putting some of its ambitious growth plans on hold as it focuses on the day-to-day realities of dealing with coronavirus outbreak.  The company will put on hold plans to remodel hundreds of stores, postponing openings of new stores and......
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Food supply chains are so far holding up, CEOs say

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CNBC – For more and to sign up click here Food supply chains have so far held up despite the coronavirus bringing swaths of the American economy to a halt, CEOs from across the industry told CNBC on Friday.  “As of right now, the supply chain remains strong. It remains......
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Coca-Cola withdraws 2020 outlook amid coronavirus pandemic

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CNBC – For more and to sign up click here James Quincey, President and chief operating officer of the Coca-Cola company. Patrick Kovarik | AFP | Getty Images Coca-Cola on Friday said that it does not expect to meet its financial outlook for 2020 due to the impact of the......
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Walmart reduces hours at all US stores amid heightened demand

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CNBC – For more and to sign up click here A customer pays for her groceries after shopping at a Walmart store ahead of the Thanksgiving holiday in Chicago. Kamil Krzaczynski | Reuters Walmart is reducing hours at its U.S. stores to allow more time to replenish shelves and clean and......
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Grocers limit food purchases, urge shoppers not to hoard. Kroger is hiring

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CNBC – For more and to sign up click here As U.S. grocery stores respond try to keep shelves stocked during the coronavirus outbreak, some major chains have begun to limit purchases of food items and ramp up hiring. Texas grocery chain H-E-B is limiting purchases of at least a dozen......
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PepsiCo to acquire energy drink maker Rockstar Energy in a $3.85 billion deal

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CNBC – For more and to sign up click here PepsiCo will acquire Rockstar Energy in a $3.85 billion deal, doubling down on energy drinks and with an eye toward turning around its struggling Mountain Dew brand. “As we work to be more consumer-centric and capitalize on rising demand in the......
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Melbourne, Adelaide, Sydney and Perth

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CNBC – For more and to sign up click here Given that Australia’s indigenous population thrived for thousands of years before Europeans arrived, it would be logical to assume the country’s native plants — known as bush food — would have long featured on restaurant menus. Not so. For decades,......
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How scientists created the Cosmic Crisp apple, and other new foods

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CNBC – For more and to sign up click here The Cosmic Crisp apple hit produce aisles across America on Dec. 1, 2019. The variety came out of Washington State University’s breeding program, which has been developing the apple for more than 20 years. There are thousands of different kinds......
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Climate change could upend New York’s maple syrup industry

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CNBC – For more and to sign up click here Farmer Dana Putnam tries to tap a maple tree for sap, but is unsuccessful. His trees are producing less sap as the climate changes. Emma Newburger | CNBC ORANGE COUNTY, NY — Dana Putnam drilled into a maple tree, added......
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Restaurant sales down $1 million daily due to COVID-19

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CNBC – For more and to sign up click here Tilman Fertitta Scott Mlyn | CNBC Billionaire Tilman Fertitta told CNBC on Friday that his restaurant empire is losing an average of about $1 million per day in sales due to the coronavirus.  “Remember, that last million in sales is your most......
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Campbell Soup is increasing production to prepare for coronavirus demand

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CNBC – For more and to sign up click here Campbell Soup CEO Mark Clouse said Wednesday that the company is increasing soup production in response to the coronavirus outbreak. “We made the decision last week to up production in certain areas where we’re using a little bit the analogy......

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