Buy all of the Twinkies! Hoard them! HOARD THEM!
Is this the end for Twinkies? Hostess Brands said Wednesday that it will go into liquidation unless bakers striking in protest against a new contract imposed in bankruptcy court return to work by the...
View ArticleTwinkies, Wonder Bread maker closing for good
Hostess Brands - the maker of such iconic baked goods as Twinkies, Devil Dogs and Wonder Bread - announced Friday that it is asking a federal bankruptcy court for permission to close its operations,...
View ArticlePrivate equity firm may buy Hostess
Private equity firm Sun Capital Partners wants to buy bankrupt bakery Hostess Brands Inc., Fortune has learned. The proposal would be to operate Hostess as a going concern, including reopening the...
View ArticleHold your Hostess – snack cake maker's shutdown is on hold
Hostess Brands and a key union agreed Monday to try to mediate their dispute - an unexpected development that could spare the company from permanently shutting down. The Bakery Workers union, which...
View ArticleMediation fails. Hostess may liquidate. Continue hoarding Twinkies and...
Hostess Brands said Tuesday evening that a last-ditch mediation session with its bakers' union over a new contract imposed in bankruptcy court had failed, bringing the company closer to liquidation....
View ArticleBeer-opoly threatens craft brewers
Click to watch video Editor's note: Steve Hindy is co-founder, president and chairman of The Brooklyn Brewery. Brooklyn Brewery started in 1988 and is among America's top 15 craft breweries. (CNN) -...
View ArticleOpinion: Brewer says it's not the size that counts
Editor's note: Tom Long is the chief executive officer of MillerCoors. He wrote this column in response to a CNN Opinion piece by Steve Hindy of The Brooklyn Brewery: "Don't let big brewers win beer...
View ArticleMilk prices may hit $7 a gallon in 2013
The New Year could push milk prices to $7 a gallon. With Congress spending all its time trying to avert the fiscal cliff, a slew of other legislative matters are going unattended. One of them is the...
View ArticleYou got Spam in my peanut butter!
Hormel Foods, the maker of Spam luncheon meat, is paying $700 million to buy the Skippy peanut butter brand from consumer products maker Unilever, the companies announced Thursday. Hormel said Skippy...
View ArticleOpinion: My family farm isn't under "corporate control"
Editor's Note: Brian Scott farms with his father and grandfather on 2,300 acres of land in northwest Indiana. They grow corn, soybeans, popcorn and wheat. He blogs about it at The Farmer's Life, where...
View ArticleMaker's Mark turns tide, won't water down whiskey
Ask and ye shall receive. After an outpouring of outrage, Maker's Mark announced Sunday that it won't be watering down its whiskey, after all. The bourbon producer last week said it would have to cut...
View ArticleBeer drinkers make case that Anheuser-Busch waters down brews
Two California residents are suing Anheuser-Busch, alleging that the company waters down Budweiser and other beers "significantly" to boost profits, their attorneys announced Tuesday. The class-action...
View ArticleYou're this much closer to getting your Twinkies fix
A bankruptcy judge has given final approval for the sale of Twinkies, Wonder Bread and many of Hostess Brands' other assets, clearing the way for the iconic products to return to shelves. Hostess...
View ArticleStarbucks price hike starts next week
Your Starbucks latte is going to cost you a little bit more next week. The coffee chain on Tuesday is set to raise prices on some of the drinks it sells in its U.S. stores by an average of 1%. The...
View ArticleTwinkies returning to shelves this summer
Good news Twinkies fans, your long-missing snack fix is due back on shelves on July 15. The announcement was made by Daren Metropoulos, principal of Metropoulos & Co., one of the two companies that...
View ArticleSmithfield won't import Chinese pork
Pork from China won't make its way into the U.S. if Smithfield Foods is acquired by China's Shuanghui International, Smithfield CEO Larry Pope told lawmakers Wednesday. Shuanghui's planned purchase...
View ArticleFans irked by Twinkies shrinkage
Twinkies are back, but some fans are upset than they're smaller than they remember. Hostess Brands, the new company that bought the rights and recipes to make Twinkies, says the iconic snack food is...
View ArticleYes, there exists such a thing as too much wine
Look out American oenophiles. Roughly one million bottles of wine are about to be poured down the drain. The Australian winemaker that crafts the popular Penfolds brand is dumping as much as $35...
View ArticleWonder Bread is back
The iconic bread brand returned to store shelves Monday, according to reports, months after a bankruptcy judge approved the sale of Wonder, Twinkies and other assets from the now-defunct Hostess...
View ArticleChocolate costs may crescendo
Chocolate lovers beware! The price of your favorite treat is on the rise. Growing demand in emerging markets and bad weather in major cocoa producing countries is pushing up the cost of key...
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