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Daily business news and economic stories
  • Wheat up! Corn up! Onions up! Why the price of food commodities does not always translate to the price of food.

  • A new food safety law that requires stores, growers, and distributors to be able to trace every stop in the supply chain is creating a whole new business.

  • A single-cup gourmet brewer by Keurig is part the merchandise in the Grammy Gift Bag previewed on January 19, 2006 in Los Angeles, California.
    Vince Bucci/Getty Images

    Starbucks is joining forces with Green Mountain to sell single-serve coffee and tea for Green Mountain's Keurig machines. Green Mountain already dominates the coffee-pod market. With Starbucks, its machines will become the industry standard.

  • The new pork logo and slogan, "Pork: Be Inspired."
    Courtesy of the National Pork Board

    After 25 years, the National Pork Board is changing its advertising tune. Out goes "The Other White Meat." In comes "Pork: Be Inspired."

  • Shortages and price shocks have helped along protests in the Middle East. One factor in rising food prices is climate change, says the Earth Policy Institute.

  • A California lawmaker has proposed a penny-per-ounce tax on sweetened beverages like soda. Bob Moon speaks to LA Times consumer columnist David Lazarus about whether the tax would work and why it may hit lower-income households hardest.

  • File this under everything is related: The rise and decline of oil and wine prices march almost in lockstep.

  • Starbucks announced that customers can now pay for their coffee with their smart phones. Nancy Marshall Genzer has more.

  • Crumbs Bake Shop, a national cupcake chain, announced that it will be going public. The company plans on putting the money generated from listing shares on an exchange towards a major expansion. But is this just a fad? Alisa Roth reports.

  • China's Mid-Autumn Festival and its tradition of eating mooncakes has lent itself to an underground economy worth billions.

Food and Drink