Food

Uber Technologies Inc said on Thursday demand for its food-delivery service exploded in the latest quarter, but recovery in its global rides business is being held back by its most important market, the United States.

Campbell Soup Co (CPB.N) on Thursday forecast first-quarter revenue largely above market estimates due to pandemic-buying, but said it expects sales to drop off in the second-half of its fiscal year as people start dining out again, sending shares down 5.5%.

U.S. shoppers have been paying more than last year for a range of consumer goods during the COVID*19 pandemic, from eggs and deli meat to running shoes, according to a Reuters analysis of the latest pricing and sales data.

Instant coffee, ketchup, Lululemon yoga pants and Nike Air Max sneakers are all in. Bottled water, pricey diapers and Burberry luxury trench coats are out.

J.M. Smucker Co. is approaching the challenge of COVID-19 from all standpoints - including delivering necessary food for consumers and their pets, retaining their high manufacturing quality standards, ensuring employee wellness and supporting the communities most impacted by COVID-19.

Kellogg donates $10 million worth of food to help combat recent increase in poverty caused by COVID-19 pandemic.

Uber Technologies Inc (UBER.N) CEO Dara Khosrowshahi has spent much of his career deftly negotiating acquisitions. Yet his $6.5 billion all-stock bid for Grubhub Inc (GRUB.N) ended with the food delivery company being acquired by European rival Just Eat Takeway.com NV (TKWY.AS).

Raytheon Technologies employees volunteer to feed those in need

Pantry-loading has extended into freezer-stuffing in the pandemic, and that means frozen food items like Stouffer's Lasagna, Hot Pockets and Marie Callender's pies are flying off shelves.

With fresh news that Uber Technologies, Inc. is in advanced talks to acquire Grubhub Inc., restaurant owners who outsource delivery should be warned: The risk of a third-party platform effectively owning the relationship with your customers just increased. Dramatically.