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Junk food lover Warren Buffett's new pizza investment fits perfectly in Berkshire's portfolio

CNBC: Investing

Warren Buffett, a renowned junk food lover, just bought into a pizza chain whose shares are trading near their cheapest level of the year.

Food 139
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Food giants are strangling Britain’s farmers and consumers. What’s the solution? Break them up | Nicholas Shaxson

The Guardian: Mergers & Acquisitions

The problem is our monopolised food system. Think of it as a vast profit machine shaped like an hourglass, with many food producers at the top, millions of consumers at the bottom, and a few dominant firms – such as giant supermarkets or global food traders – clustered at its narrowing neck, siphoning a cut from the passing traffic.

Food 111
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This one-time hot food stock is struggling now. How to trade it from here with options

CNBC: Investing

Mike Khouw breaks down a trade in Conagra.

Trading 104
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How Janet Yellen Became an Unlikely Culinary Diplomat

The New York Times: Banking

The Treasury secretary views food as a way to connect, and her dining decisions have become the subject of global intrigue.

Food 143
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Goldman says a quick profit can be made before year-end with an options bet against this stock

CNBC: Investing

Goldman Sachs sees an options trade opportunity in this food products stock.

Stock 113
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Online wholesaler Boxed acquired after filing for bankruptcy

TechCrunch: M&A

In 2021, Boxed completed a reverse merger, acquiring Seven Oaks Acquisition in a $900 million SPAC deal in order to begin trading on the NYSE under the ticker symbol BOXD. At the time, Boxed had more than 7 million registered users and reported it was close to profitability. ”

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World food prices reach 18-month high in October, UN says

Global Banking & Finance

PARIS (Reuters) -World food prices rose in October to an 18-month high as vegetable oils led increases seen in most food staples, United Nations’ data showed on Friday. Food and Agriculture Organization (FAO) to track the most globally traded food commodities increased to 127.4

Food 52