News

Kraft Heinz’s presence in plant-based foods is heating up. The CPG giant and food tech company NotCo are launching a spicy ...
Post-separation, RemainCo will retain Kraft Heinz’s faster-growing and more consumer-aligned brands, focusing on ...
Kraft Heinz's struggles since the 2015 merger, including brand write-downs and declining sales, have eroded shareholder value ...
Since January, the company has eliminated 155 jobs and reduced annual operating expenses by roughly $35 million. The ...
Brea-based Mullen Automotive Inc. announced Tuesday, July 15 that it’s moving commercial operations to Michigan and shedding jobs as the electric vehicle truck maker struggles to improve its finances ...
The White House asked companies to remove Red No. 3, an artificial color in candy and cereal, sooner than the 2027 deadline ...
Welcome to the Food Exec Brief — your weekly roundup of the most important news shaping food and beverage manufacturing, from ...
Kraft Heinz's potential spinoff of slower-growing brands such as Velveeta cheese is a risky last-ditch effort to boost ...
Kraft Heinz is trying anew to squeeze value out of its disastrous deal. As part of a strategic review unveiled in May, the ...
There is a precedent here — ironically from Chicago-based Mondelez. After Kraft was spun off, Mondelez retained the sexier ...
Chicago is in another cycle of losing too many corporate headquarters. So it’s bad news for the city that Kraft-Heinz is taking steps that could lead to a sale.