Learn more

Let them eat Frosted Flakes? Kellogg CEO Gary Pilnick channeled Marie Antoinette during a CNBC “Squawk on the Street” interview on Feb. 21 when he touted the company’s “cereal for dinner” campaign for those struggling in President Joe Biden’s economy. Much like the 18th-century Austrian-French monarch’s advice for the poor to “eat cake” because they had no bread, Pilnick hawked his over-processed, over-saccharine, and overpriced fare as a replacement for real food in these tough times. “The cereal category has always been quite affordable, and it tends to be a great destination when consumers …

cuu