Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Hot on Facebook
Malaysia Busts 80+ Lovers in Valentine's Day Raids Muslims face up to two years in jail »

NEWS ABOUT: Kraft Foods

Kraft Foods to Split Into 2 Companies

One Kraft branch to deal with snacks, while other does groceries

(AP) - Food behemoth Kraft Foods announced today that it plans to split into two publicly traded companies, with one concentrating on its snack business like Oreo cookies and Trident gum, while the other focuses on the North American grocery business, which includes Kraft cheese and Maxwell House coffee. The move comes... More »

Highest-Paid Women in America

(Newser) - On the heels of its 2009 Most Powerful Women list, Fortune has compiled another of the best compensated females in the corporate world. The top 10 for 2008:
  1. Safra Katz, president, Oracle: $42.4 million
  2. Linda Chen, president, Wynn International Marketing: $23.9 million
  3. Sharen Turney, president and CEO, Victoria's
... More »

Chocoholics Spurn American Cadbury

Many see right through US bars, actually made by Hershey

(Newser) - Serious chocolate fans responded warily to the news of Kraft's bid for Cadbury—especially in the US, where aficionados reject the domestic brand anyway. It’s made by Hershey, not the British firm itself, and that just won’t cut it for hardcore devotees of the British brand, the Wall ... More »

Cadbury Shoots Down $16.7B Kraft Takeover Bid

Watchers suspect undervalued bid could be sweetened

(Newser) - Cadbury today rejected a $16.73 billion takeover bid from food giant Kraft, the Wall Street Journal reports. The candy maker has recently undergone restructuring and divestment that it says make it more valuable—and more attractive to suitors like Kraft. The Cadbury board says the offer “fundamentally undervalues”... More »

Pistachio Co.: Kraft Knew About Salmonella Last Year

(AP) - Kraft Foods detected salmonella in a California nut company's product over 6 months ago but didn't notify the firm until last week, a rep for the parent company said today. Roasted nuts from Setton Pistachio of Terra Bella, Inc., the company at the heart of the nationwide pistachio recall, failed... More »

Dow Ticks Up Despite Job Woes

522K lost last month, fewer than analysts predicted

(Newser) - Stocks were mixed at today’s open after a report estimating that 522,000 private-sector jobs were lost last month, the Wall Street Journal notes. The Dow started down but was recently up 41 points, while the S&P 500 and Nasdaq were marginally higher. Dragging on the Dow were... More »

Oreos Dip into UK Market

'Biscuit-mad' culture not so sweet on Yank dessert staple

(Newser) - Oreo cookies have finally invaded Britain after decades of popularity in America—but they face a battle for the taste buds of “biscuit-mad” Britons, the Christian Science Monitor reports. Dipping biscuits (read: bland cookies) in tea is a sacred British ritual dating back centuries. Despite Kraft’s saturation of... More »

Behind Organic Labels Lurk Megacorporations

The nation's top 30 food processors have quietly cornered the green market

(Newser) - Yes, your probiotic flaxseed Kashi cereal is still organic, but shoppers looking to stick it to the man by going green be advised: the nation's top 30 corporate food processors—think Pepsi, Kellogg, Kraft, General Mills—have been quietly buying up vast swaths of the organic aisle of your supermarket,... More »

3 Stars Means It's Healthy, Right?

Experts fear that new health ratings systems may befuddle shoppers

(Newser) - Stars, numbers, and letter grades are coming to grocery stores near you, the New York Times reports—but experts fear that these health ratings may befuddle shoppers with conflicting information. Consumer advocates are studying three new food ranking systems, while the FDA, approached by a nutrition group, is soliciting ideas... More »

Dogfight Rap Kills Vick Ad Deals

Falcon pitchman loses luster after feds raid property

(Newser) - Dogfighting charges against Falcons quarterback Michael Vick have all but killed product endorsement deals for the former marketing machine, the Atlanta-Journal Constitution reports. Nike is "reviewing information" in Vick's case, and expired contracts aren't being renewed with Coca-Cola, EA Sports, Kraft Foods or Hasbro. "He'll disappear like a... More »

10 Stories
NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne