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The $15.4 billion impairment by Kraft Heinz wasn’t just one of the largest in corporate history. It also was unusual in how the write-down of its Kraft natural cheese business, Oscar Mayer cold cuts business and Canada retail business was carried out......»»

Kraft Heinz has agreed to sell its legacy nuts business, Planters, to Minnesota-based Hormel Foods for $3.35 billion.Kraft Heinz has agreed to sell its legacy nuts business, Planters, to Minnesota-based Hormel Foods for $3.35 billion......»»

Kraft Heinz Co. .....»»

The sale of Frontier Communications’ Northwest operations closed today with Ziply Fiber taking over nearly 500,000 residential and business internet, phone and TV subscribers. The $1.35 billion deal covers customers across Washington, Oregon, Idah.....»»

Months after opening a Nashville office, Chicago-based Shore Capital Partners is making its mark on Nashville’s health care scene......»»

NXT Capital, a Chicago-based commercial finance firm, closed on a $59.4 million loan to finance the acquisition of Esplanade III, which was purchased in July by Transwestern and an institutional partner doing business as Esplanade III Owner LLC. The.....»»

German industrial giant Thyssenkrupp could fetch up to $20 billion from the sale of its elevator business......»»

Kraft Heinz Co reported weak sales on Thursday, prompting the maker of packaged foods to write down the value of several business units by more than $1 billion and drop its full-year forecast as it struggles to lure back customers......»»

Kraft Heinz shocked Wall Street again Thursday as the packaged food maker took a $1.2 billion write down for several business units and withdrew its full-year forecast. As Fred Katayama reports, that sent its already reeling shares further south......»»

The beleaguered food giant earlier this year put for sale its Maxwell House coffee business, Breakstone's sour cream and cottage cheese and baby food brand Plasmon to help pay down debt. It's now going back to the drawing board......»»

The beleaguered food giant earlier this year put for sale its Maxwell House coffee business, Breakstone's sour cream and cottage cheese and baby food brand Plasmon to help pay down debt. It's now going back to the drawing board......»»

Kraft Heinz Co said on Friday the numbers it restated last month were accurate following completion of an internal investigation, but that the matter was under review by the U.S. Attorney's Office......»»

Fifth Third Bancorp has closed on its purchase of Chicago-based MB Financial. The deal valued at $4.7 billion was expected to be completed this month following Federal Reserve Board approval. Cincinnati-based Fifth Third (Nasdaq: FITB), the nationâ€.....»»

Kraft Heinz (KHC) has appointed Royal Bank of Canada to assess alternatives for its Breakstone's sour cream and cottage cheese business, per sources. This coul.....»»

Food giant Kraft Heinz Co (NASDAQ: KHC) is reportedly looking to sell its Breakstone's business, which includes cottage cheese, butter and sour cream items, CNBC reported Tuesday.& read more.....»»

Amazon.com Inc. has plans for the brick-and-mortar grocery business that extend beyond its $14 billion acquisition of Whole Foods. The e-commerce giant plans to open “dozens” of grocery stores in major U.S. markets that aren’t a part of the up.....»»

The Kraft Heinz Co. has established a venture capital fund that will invest in emerging tech companies that are aiming to transform the food industry.  Chicago- and Pittsburgh-based Kraft Heinz (Nasdaq: KHC) said it has committed up to $100 million to .....»»

Procter & Gamble Co. has completed the $4 billion acquisition of the Consumer Health business of Merck KGaA, Darmstadt, Germany. The deal, which was first announced in April, closed on Friday and includes the addition of thousands of employees along wi.....»»

Food conglomerate Kraft Heinz took a $15.4 billion write-down in two of its most powerful brands this week, a jarring warning that even the most iconic American names are vulnerable to shifts in consumer tastes......»»

Food conglomerate Kraft Heinz took a $15.4 billion write-down in two of its most powerful brands this week, a warning that even the most iconic American names are vulnerable to shifts in consumer tastes......»»