This does not bode well for producers of high-carb products involving bread, cereal and pasta.

ECONOMIST: Convenience food

The price of sugar is two or three times higher than world levels, and that increases the price of everything from breakfast cereal and all kinds of other products.

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Selling financial products is much more complex than, say, selling cereal or soap, and the industry is highly regulated. it requires having people familiar with the products intimately.

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Low says that the cereal maker has focused on acquisitions when it should have been starting up new products.

FORBES: Asset assessment

And now these bugs can be found in cereal, cheese, energy bars, soup, and a wealth of other products filling up grocery and pharmacy shelves.

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