12:15 AM ET, February 27th, 2014
Choosing healthier foods at the grocery store may soon be a little easier.
The Food and Drug Administration is proposing several changes to the nutrition labels you see on packaged foods and beverages. If approved, the new labels would place a bigger emphasis on total calories, added sugars and certain nutrients, such as Vitamin D and potassium.
The FDA is also proposing changes to serving size requirements in an effort to more accurately reflect what people usually eat or drink. For example, if you buy a 20-ounce soda, you're probably not going to stop drinking at the 8-ounce mark. The new rules would require that entire soda bottle to be one serving size - making calorie counting simpler.
11:15 AM ET, February 26th, 2014
Paula Deen is back, y'all. She's opening a restaurant this summer at the foot of the Smoky Mountains, marking her first move back into business after a scandal derailed her many enterprises.
Deen's new restaurant and retail store will be called "Paula Deen's Family Kitchen" and located in Pigeon Forge, Tennessee.
The 20,000 square foot Southern-fried facility is the premiere enterprise to come out of her new firm, Paula Deen Ventures, which was launched just weeks ago with backing from Phoenix-based Najafi Media. It will have an operating budget of about $20 million.
04:00 PM ET, February 25th, 2014
10:15 AM ET, February 25th, 2014
A military family could see grocery bills go up by $3,000 a year under the latest Pentagon budget proposal.
Grocery stores for military families, also called commissaries, will be able to offer fewer savings over the next three years as the Department of Defense would slash most of the taxpayer subsidies that prop up these stores, according to the plan released Monday.
Each year, $1.4 billion in taxpayer dollars go to 178 commissaries nationwide and 67 located overseas. The Department of Defense plans to slash $1 billion of those subsidies, mostly affecting the U.S. stores.
10:30 AM ET, February 24th, 2014
Celebrity chef Paula Deen drew a standing ovation from a crowd of several hundred people Sunday in Miami Beach as she made her fourth public appearance since a controversy over her admitted use of a racial epithet in the past.
"We have come off a hard summer ... my family and my partners ... and I want to take a moment to apologize to those of you who didn't hear me. I hope you see us bring back good memories for you," an emotional Deen told the crowd at the prestigious South Beach Wine and Food Festival.
Looking thinner than she has in the past and appearing overjoyed by the exuberant reception, Deen said she used her months out of the spotlight to spend a lot of quality time with her grandchildren. While Deen was preparing one of her famous dumpling dishes, she invited celebrity chef Robert Irvine to the stage, and Irvine then jokingly said to her "you apologized. You've eaten crow. Just don't do it anymore."
05:00 AM ET, February 19th, 2014
Nestlé USA has issued a recall of two varieties of Philly Steak and Cheese Hot Pockets because they may contain meat that has already been recalled by the U.S. Department of Agriculture.
The two brands are Hot Pockets brand Philly Steak and Cheese in three different pack sizes, and Hot Pockets brand Croissant Crust Philly Steak and Cheese in the two pack box.
06:00 PM ET, February 18th, 2014
Coca-Cola - the world's ubiquitous brown fizzy drink - is staying afloat as the soda market shrinks, and many point to a marketing strategy around the so-called "secret recipe" as key to its resilience in a struggling industry.
The Coca-Cola Company, which published its full year result Tuesday, recorded a 5% drop in net income to $8.6 billion last year, down from $9 billion in 2012, as it faced "ongoing global macroeconomic challenges," according to its chief executive Muhtar Kent.
Volume grew 2% for the year, which it said was "below our expectations and long-term growth target," with sparkling beverages recording a slight increase of 1% - led by Coca-Cola.
Globally, soda drink sales have been shrinking as consumers turn to water, fruit drinks and healthier alternatives. The trend has hit Coke and other market players such as PepsiCo and Dr. Pepper. And while its primary competitor, PepsiCo, depends on its snack business to buoy the declining soda sales, Coke announced further investment into its marketing.
01:00 PM ET, February 18th, 2014