| Nov 15, 2014
| 7:40 PM
Mark your calendar: January 1, 2020.
As this future year unfolds, the gap between how much cocoa the world wants to consume and how much it can produce will swell to 1 million metric tons, according to Mars Inc. and Barry Callebaut, the world's...
| Jan 21, 2015
| 4:41 PM
Melvin J. Gordon, who ran Chicago-based candy-maker Tootsie Roll Industries for more than 50 years, held the distinction of being the oldest CEO of any business listed on the two major stock exchanges.
Mr. Gordon, 95, died Tuesday in Boston after a...
| Jan 12, 2015
| 3:43 PM
Some fans are boiling over a Deerfield candy-maker's decision to tweak the recipe in the United Kingdom for its cherished Easter treat: the Cadbury Creme Egg.
Mondelez International is changing the chocolate egg's shell from Cadbury's dairy milk...
| Dec 2, 2014
| 2:53 PM
Nelson Peltz, a billionaire investor known for pushing his way onto the boards of corporations in need of a turnaround and advocating for change, resigned from Legg Mason's board of directors Monday after serving five years.
Peltz, the CEO and a founding...
| Nov 5, 2014
| 1:33 PM
Mondelez International's shares closed up more than 6 percent, at 37.15, as the snack maker said cutting costs and raising prices are enough to help it overcome weak sales momentum.
The company's upbeat outlook and strong results in certain...
| Nov 11, 2014
| 5:48 AM
Mondelez International said Tuesday it will pay $370 million to buy an 80 percent stake in Vietnamese company Kinh Do Corp.'s snack business.
Mondelez, based in Deerfield, already has a small presence in Vietnam selling some of its Oreo, Ritz and Cadbury...
| Sep 25, 2014
| 1:08 PM
Snack food giant Mondelez International has named Dana Anderson as its new chief marketing officer.
Anderson, 60, will oversee global advertising, media and marketing for the Deerfield-based company’s portfolio of brands, including Oreo, Trident...
| May 29, 2014
| 4:42 AM
After two chocolate varieties were found to contain pork DNA, Muslim groups in Malaysia on Thursday called for a boycott of products made by confectioner Cadbury and parent Mondelez International Inc.
Cadbury Malaysia on Monday recalled the Dairy Milk...
| Jul 16, 2014
| 8:16 AM
Hershey Co, the No. 1 candy producer in the United States, on Tuesday hiked its chocolate prices for the first time in three years, a sign that a year-long soaring cocoa market is eating into confectioners' profits. The overall price increase, effective...
| Jul 11, 2014
| 1:00 PM
Mondelez International Inc. said Friday it plans to start running its European cheese and grocery products unit separately as it gets ready to send its coffee business into a new company.
Shares of Mondelez jumped briefly midday on Friday after Bloomberg...
| Feb 19, 2014
| 4:56 PM
The Kit Kat bar was just named the most influential candy bar in the world by Time. And something called Chicken Dinner also made the cut.
No, the Chicken Dinner bar doesn't have any actual chicken in it. The official name, Sperry's Chicken Dinner...