Food & Drink

Topline The stock market rebounded strongly on Friday, posting its first positive week this month as recession fears subsided somewhat thanks to positive economic data suggesting that inflation may have peaked, while some experts expressed optimism about the health of the economy. Key Facts Stocks snapped a three-week losing streak on Friday: The Dow Jones
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My heartiest and heartfelt congratulations to Clif Bar & Company and its employees on their landmark agreement to sell to Mondelēz International! The natural energy, nutrition and snack bar maker – 20% owned by its employees – sold itself for $2.9 billion, with additional earnout possibilities. Clif Bar and Gary Erickson and Kit Crawford, its
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Topline Federal Reserve Chairman Jerome Powell pledged in testimony before Congress on Wednesday that the central bank is “moving expeditiously” to raise interest rates and remains “strongly committed” to doing so until there is “compelling evidence” that inflation is normalizing. Key Facts In his semiannual testimony on monetary policy to Congress, Powell faced questions from
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Chick-fil-A seems to be taking a page from Chipotle’s playbook. The chicken chain announced it is testing a dedicated drive-thru lane for customers who order ahead via its mobile app. According to a company blog, the “Drive-Thru Express” model is currently available at approximately 60 participating restaurants with the potential to roll out to more
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The Covid-19 pandemic continues to roil the food industry. Barely 2 years after hundreds of essential workers died from Covid-19, corporate profits continue to soar, driven by industry consolidation and price inflation. But high profile organizing campaigns have captured the imaginations of many food retail and service sector workers, reflecting a steady escalation of discontent
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Disruptive innovation transforming a stone-age industry? Chickpeas as the next big thing in tasty, healthy, and sustainable foods? Kellogg announced this morning that it is splitting itself into three independent public companies, “each better positioned to unlock their full standalone potential”—cereals, snacks, and plant-based food. Grocery sales of plant-based foods that directly replace animal products
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Colorful, jiggly, bouncy. If you didn’t know better, you would think I was describing something inedible, or maybe jello. Instead, it describes the infinitely delectable, oddly addicting Lady Wong Rainbow Lapis—lapis means layers in Indonesian and Malay, and you eat the traditional kuih “cake” layer-by-layer. The brilliant Rainbow Cake was created by New York City’s
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Journalist H. L. Mencken described the martini as “the only American invention as perfect as the sonnet.” And this ideal cocktail has its own annual day of celebration. World Martini Day, on the third Saturday in June (18 June 2022), is an independently organised global tribute to the martini and for bars, brands and drinkers
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American restaurant chain Hooters has been given the green light to open two new UK sites, and it’s caused quite a stir with the locals. The infamous ‘breastaurant’—which trades primarily in chicken wings and revealing uniforms—has been blasted as ‘regressive’ and ‘chauvinistic’ in the wake of two new outposts being approved in Greater Manchester’s Salford
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The dream of plant-based chicken, pork and beef appears to be withering. Ross Mackay and Eliott Kessas emigrated from Scotland with a dream. The longtime vegans founded Daring Foods, a meatless chicken-nugget startup, with the aim of reducing unhealthy meat consumption and creating more climate-friendly foods. At first, it caught on. Daring’s nuggets secured shelf
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Share to Facebook Share to Twitter Share to Linkedin “2022 really is a year where world hunger and the food crisis are front and center,” World Central Kitchen executive director Nate Mook told me earlier this week. Just back from Ukraine, where he has spent the past 120 days feeding hungry refugees and others impacted
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June is Pride Month! And that means many of New York’s restaurants, bars and bakeries are going rainbow. In order to raise awareness for LGBTQ+ causes and organizations and share with the community, many of these multicolored, Pride-themed menu items donate a portion of proceeds to deserving groups. Here’s where to taste a delicious rainbow
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