Warren Buffett's Berkshire Hathaway helped finance the deals between Kraft and Heinz deal as well as Mars and Wrigley. Only one has so far proven to be succesful. » Read More
By: Angelica LaVito
Switching to Juul reduced smokers' exposure to cigarette toxins at similar levels to quitting entirely, according to a study Juul presented Saturday. » Read More |
By: Leslie Josephs
An Atlas Air cargo plane crashed near Houston on Saturday afternoon, the FAA said. Three people were on board. » Read More |
By: Sarah Whitten
The winner of the prestigious best picture award at this year's Oscars will get a bump at the box office, but it probably won't be huge. » Read More |
"The challenge for Kraft Heinz goes well beyond" the company "to what's going on with food producers ... we think the environment is just awful," Wolfe Research analyst Scott Mushkin says.
Traditionally fierce rivals, BMW and Daimler are teaming up to challenge a new wave of high-tech competitors, such as Uber and Alphabet's Waymo unit, by launching five mobility services joint ventures.
While international bookmakers have long allowed Americans to bet on the Oscars, this is the first time they can legally place bets domestically.
Packaged food is falling out of favor with consumers, and that's hurting big brands such as Kraft Heinz, General Mills and Mondelez.
Three crew members spoke to CNBC about their experience.
It is not clear how many victims are part of the criminal case, but prosecutors said the ages ranged from 13 to 16 years old, NBC News reports.
The 77-year-old billionaire is among more than two dozen people accused in a police sting as part of a human trafficking probe, authorities say.
Amazon CEO Jeff Bezos said in a March 2018 meeting that it's wrong for other companies to be so fearful of his company's outsize presence. In fact, many companies that mentioned Amazon as a competitor on earnings calls are doing very well.
Outgoing AutoNation CEO Mike Jackson says investors should not buy auto stocks when the industry heads into a period of decline.
The open letter comes days before Microsoft is expected to unveil HoloLens 2, an upgraded version of its augmented reality headset, at an event Sunday.
The small-cap Russell 2000 index exited correction territory last week. It was the last of the major U.S. market indices to do so.
Twitter Co-founder and former CEO Ev Williams is stepping down from the company's board after 13 years with the company.
Uncharacteristically taking the same side as Amazon, Trump called HQ2 "a big loss for New York City."
Berkshire Hathaway is in advanced discussions to sell its Applied Underwriters workers compensation unit. Buffett's efforts to divest Applied Underwriters come as one of his biggest investments, Kraft Heinz, has soured.
Kraft Heinz says it faced pressure from suppliers, delayed projects and rising costs. Investors wonder if there's a bigger problem.
VW Group posted 2018 full-year revenues of $267.5 billion on Friday.
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