Hostess is a step closer to selling its Wonder Bread brand and its other snack products, including Twinkies. A source says there are no competing offers to a bid by Flowers Foods to buy several brands from Hostess. Flowers is based in Thomasville, Ga. and makes Tastykakes and Nature's Own... more »
NEW YORK- Wonder bread is one step closer to getting a new owner. A person familiar with the situation who requested anonymity because the auction process is private says there will be no competing offers Thursday to a bid by Flowers Foods to buy several bread brands from Hostess. The... more »
NEW YORK- The indestructible Twinkie appears to be one step closer to a comeback. Hostess Brands is close to announcing that it has picked two investment firms - C. Dean Metropoulos & Co. and Apollo Global Management - as the lead bidders for its Twinkies and other snack cakes, according... more »
NEW YORK - Hostess says it expects to unveil a bidder for Drake's snack cakes next week, although the fate of Twinkies is still being negotiated. Drake's cakes, which include Devil Dogs, Funny Bones and Yodels, are among the brands Hostess is selling after announcing in November that it was... more »
NEW YORK - Hostess Brands Inc. plans to ask for a judge's approval Thursday to give its top executives bonuses totaling up to $1.8 million as part of its wind-down plans.
The maker of Twinkies, Ding Dongs and Ho Hos says the incentive pay is needed to retain the... more »
Twinkies won't die that easily after all. Hostess Brands Inc. and its second largest union will go into mediation to try and resolve their differences, meaning the Irving, Texas-based company won't go out of business just yet. The news came Monday after Hostess moved to liquidate and sell off its... more »
A judge in Philadelphia ruled a man who worked for Thomas English Muffins can't go to work for rival Hostess because he knows the secrets behind the famous "nooks and crannies" of the muffin. Bimbo Bakeries USA says former vice president Chris Botticella accessed senstive trade secrets about Thomas English... more »
BATON ROUGE - State emergency officials scheduled a demonstration today of a new emergency alert system which uses FM radios to let the public know... more »
BATON ROUGE - People getting ready for hurricane season will get a break if they buy supplies this weekend.
The annual Hurricane Preparedness Sales... more »
MOORE, Okla. - The first of the funerals is scheduled today following the deadly tornado in Moore, Okla. It will be for 9-year-old Antonia Candelaria,... more »
BATON ROUGE - The Department of Transportation and Development said they're studying the area around the Assumption Parish sinkhole for a possible alternate highway in... more »