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In Asia, higher food prices are leading to greater company valuations and, in turn, mergers and acquisitions, which are sure to take their toll on global agribusiness.
[Wall Street Journal]
Why are food prices still soaring? The rising cost of fuel, civil unrest, possible climate change, and a shift in how the world eats — as in, more — are to blame.
If you think you’re seeing a lot of silly royal-wedding-themed products here, just imagine what marketers in the U.K. are dreaming up. Four words: royal wedding potato selection.
Mark Ruffalo and New York clean-water advocates gathered in Foley Square to urge President Obama to pay more attention to “hydrofracking,” which pollutes drinking water.
Meanwhile, in other celeb news, 30 Rock‘s Tracy Morgan is dating a VIP cocktail waitress who works at gentlemen’s club Headquarters.
Sandra Lee defended herself against critics of her semi-homemade technique, saying “everyone needs to lighten up. … Our job is to serve the overextended homemakers.”
[NY Daily News]
Burger King is targeting kids with its Thor marketing tie-ins, which include Kids’ Meal codes for ClubBK.com. Conversely, McWorld.com doesn’t push food at all.
[Nation’s Restaurant News]