McBroken much? FTC is investigating McDonald’s finicky McFlurry machines
Looks like the FTC is tired of waiting for their McFlurry. After years of jokes and complaints, McDonald’s perpetually broken ice machines are the subject of an FTC inquiry.
McDonald's faces anti-trust scrutiny in Italy
McDonald’s is not to deal with the scrutiny brought under the Italian Anti-trust agency by its franchise operators, if found guilty.
PepsiCo relinquishes control of Tropicana for $3.3 billion
PepsiCo will sell Tropicana and other juice brands to a private equity firm in exchange for pre-tax proceeds of 3.3 billion dollars.
At the next Krispy Kreme IPO, the donut maker aims to raise nearly $4 billion
Krispy Kreme, the popular donut chain, aims raise roughly $4 billion as it makes one of the biggest IPO debuts at the NYSE.
Oatly, Swiss dairy brand, goes public with $10 billion valuation
Oatly, the Swedish maker of dairy alternatives, will debut on the US stock market with a $10 billion valuation. It raised $1.4bn in its initial public offering on Wednesday, May 19
Would investors take a big gulp of the Oatly IPO?
Oprah-backed Oatly Group of Malmo, Sweden is on track to claim the title as the biggest plant-based food company IPO of 2021. The vegan food and drink maker has scheduled its initi
AB InBev CEO Brito to step down
Anheuser-Busch InBev SA’s Chief Executive Officer Carlos Brito will step down from his role, effective July 1 and Michel Doukeris will succeed him as the new CEO. Brito, who beca
Impossible Foods mulling IPO at $10 billion valuation
Impossible Foods, the makers of the widely popular plant-based burgers, plans to go public with a likely valuation of $10 billion. The vegan burger company was valued at $4 billion
Elior acquires Nestor, the single meal food delivery startup
Elior, the corporate catering company, has acquired the French startup Nestor for an undisclosed amount. Nestor, a Paris, France-based food delivery service, started in 2015 with a
