Hershey news stories on Newser

Dark Chocolate Healthier Than Juice ...Says Hershey

Matt Cantor — Mon, 07 Feb 2011 14:10:59 CST

Chocolate lovers, rejoice: Your beloved treat may actually be healthier than fruit juice. A comparison of cocoa products to fruit juice powders suggests dark chocolate has more antioxidant power than juices, as well as more of certain chemicals that are good for your heart, the New York Daily News reports....

Chocoholics Spurn American Cadbury

Matt Cantor — Mon, 14 Sep 2009 14:07:56 CDT

Serious chocolate fans responded warily to the news of Kraft's bid for Cadbury—especially in the US, where aficionados reject the domestic brand anyway. It’s made by Hershey, not the British firm itself, and that just won’t cut it for hardcore devotees of the British brand, the Wall Street Journal...

Home Sales Send Dow Over 9,000

Thu, 23 Jul 2009 10:22:25 CDT

The Dow Jones industrials are back above 9,000 today for the first time since the beginning of January. A report of a jump in home sales eased investors' worries about one of the economy's biggest trouble spots. They responded by buying stocks across the market, lifting the major indexes...

Soaring Candy Sales Sweeten Hard Times

Matt Cantor — Tue, 24 Mar 2009 09:03:32 CDT

Tough times don’t seem to be trickling down to inexpensive candy shops, where adult customers are flocking for a sugar-coated escape from their troubles, the New York Times reports. “People may indulge themselves a little bit more when times are tough,” says an analyst. And indulge they are: People are...

Binge Now: Chocolate Prices May Spike

Rob Quinn — Fri, 13 Feb 2009 10:52:01 CST

Soaring cocoa prices have left chocolate makers wondering how far they can hike prices without souring business, the Wall Street Journal reports. Crop woes in Africa have kept cocoa pricey despite the global commodities slump. Chocolate companies are mostly holding prices steady for now but many are expected to fatten...

Solution to 11th-Century Mystery: Hot Chocolate

Jason Farago — Wed, 04 Feb 2009 10:00:00 CST

Patricia Crown, an anthropologist at the University of New Mexico, spent years puzzling over the round clay jars decorated with intricate zigzagging shapes, dating from the 11th century, found in Pueblo ruins in Chaco Canyon. But a scientific study led her to a surprising conclusion: they weren't drums or holders...

Chocolate Sales Are Bittersweet

Jim O'Neill — Wed, 24 Dec 2008 09:03:10 CST

Chocolate sales, reputed to be recession-proof, are taking a hit in this downturn as consumers’ taste for more expensive brands has soured, reports the Financial Times . Companies that jumped into premium candies have been hurt by the downturn, and analysts say the market has been “trading down” from premium to...

Food Makers Tweak Recipes to Cut Costs

Matt Cantor — Sat, 23 Aug 2008 10:01:01 CDT

Food manufacturers are adjusting their recipes to cut costs as ingredient prices climb, the Wall Street Journal reports. Hershey is replacing some of its cocoa butter with vegetable oil, while General Mills is dumping pecans for walnuts in one cookie. McCormick, McDonald's, and other companies are making similar moves. But...

EU Probes Chocolate Price Fixing

Jane Yager — Wed, 20 Feb 2008 06:22:47 CST

The European Commission suspects candy giant Hershey of conspiring with other chocolate and candy manufacturers in an industry-wide price-fixing scheme, AP reports. Both Hershey and rival Mars recently received requests for information from the commission after some 50 civil lawsuits in the US have alleged price fixing. The two companies...