Bill Belichick fires back at Patriots owner Robert Kraft
Digest more
Kraft Heinz's struggles since the 2015 merger, including brand write-downs and declining sales, have eroded shareholder value. Learn more about KHC stock here.
Kraft Heinz is poised to break itself up, acknowledging what investors have known for years: Their merger was a dud. The 2015 deal united some of America’s most beloved grocery brands and was blessed by some of Wall Street’s biggest names,
News of the potential deal came after another household name, WK Kellogg, agreed to a $3.1 billion buyout from Ferrero.
With Kraft Heinz Co. reportedly considering a breakup of its business, some analysts believe more of its food-industry peers should do the same.
Kraft Heinz’s presence in plant-based foods is heating up. The CPG giant and food tech company NotCo are launching a spicy mayonnaise and a portable cup version of their Kraft NotMac & Cheese. These debuts come as the once fast-growing plant-based space has seen enthusiasm dwindle and consumers pull back on spending.
The Heinz ketchup and Oscar Mayer hot dogs featured at barbecues this summer are owned by the same company. Next summer, that might not be the case.
Mayor Michelle Wu and mayoral candidate Josh Kraft butted heads Tuesday over what both said they consider one of the most significant issues of the campaign: the high price of housing in Boston. During a candidate forum hosted by the Massachusetts Affordable Homeownership Alliance in Roxbury on Tuesday evening,
The acquisition of Heinz and Kraft by 3G Capital and Warren Buffett seemed like a classic play from the world’s most famous investor: buy boring staples with long histories and hold them forever. But not this time.