Food

The group will focus on long-term research aimed at developing healthier foods and beverages that can improve people's overall diets.

The company will further reduce sugar in cereals advertised to children to "single-digit" levels per serving.

P&G announces A.G. Lafley's retirement after 32 years, elects new chairman and new board member; Diageo appoints new president, chief marketing and innovation officer; and Kellogg Company promotes candidate to new CFO.

The Peet's Coffee & Tea merger agreement has been terminated.

Constellation expects that proceeds from the sale will be used to reduce its borrowings.

What will be the breakthrough new products of next year? Experts reveal seven predictions for the global consumer packaged goods market in 2010, saying next year's new products will recreate the familiar.

Michael Polk is credited with accelerating growth and profitability by improving efficiencies and encouraging the flow of ideas and product innovations across borders.

To helpevaluate how marketing investments are performing, Ocean Spray adopts asuccessful insight-based methodology enabled by a software-as-a-serviceplatform.