food and drink

Cat Rock Capital, a major shareholder in Just Eat Takeway.com, says the food delivery firm’s communication with investors is “deeply flawed.”

Asia has billions to feed, and more will be eating plant-based proteins. An R&D lab in Shanghai is key to one of fake meat’s fastest-growing regions.

Boston Beer CEO David Burwick said the company’s hard seltzer sales dropped fast when people retuened to bars this summer.

Shares of Boston Beer tumbled 26% after disappointing demand for hard seltzer dragged down the company’s quarterly earnings and revenue.

Texas and Florida are getting involved in Israel’s battle with the socially conscious Ben & Jerry’s ice cream brand.

The CEO of Ben & Jerry’s parent company Unilever sought to distance it from the ice cream maker’s decision to stop its sales in occupied Palestinian territories.

Shares of Coke have risen 2% this year, giving the company a market value of $241 billion.

As alternative meat products from Impossible Foods and Beyond Meat grow in popularity, alternative seafood is seen as the next alt-meat segment to emerge.

Impossible Foods is planning to release a meat-free chicken nugget this fall.

Food and beverage tenants were the most active in signing retail leases across Manhattan during the second quarter, according to a CBRE study.

Short seller Ben Axler said Thursday that Oatly’s stock is worth less than $10 a share.

Beam Suntory and Sam Adams brewer Boston Beer are joining forces through a new partnership that will bring the iconic brands into new categories.

Activist short Spruce Point Capital Management has accused Oatly of shady accounting practices and misleading investors about its sustainability practices.

Panda Express announced it will add a Beyond Meat plant-based chicken item to menus at select locations in New York and Southern California for a limited time.

Child tax credit payments, which start Thursday, could lift sales across the retail, restaurant and travel industries, a research note by Cowen analysts says.

PepsiCo and Conagra Brands said Tuesday they plan to pass along higher input costs to customers as inflation accelerates.

PepsiCo reported that its quarterly revenue rose more than 20% from a year earlier as restaurant demand for its drinks returned, fueling an earnings beat.

Elon Musk has talked up full self-driving for years, but missed many deadlines. Some are betting the big progress in autonomous vehicles: delivering pizza.

McDonald’s is raising minimum wages at its corporate-owned restaurants. Not all fast food franchisees agree, but some owners say it’s time to think long-term.

Grocery delivery app Instacart has tapped Fidji Simo, head of Facebook’s app, as its next CEO.