Kraft Heinz is studying a potential spin off of a large chunk of its grocery business, including many Kraft products, into a new entity that could be valued at as much as $20 billion on its own, a source familiar with the matter said on Friday.

Kraft Heinz is taking the macaroni & cheese out of its ketchup business in a mega-split after its infamous 2015 merger, according to a new report. The mammoth packaged foods company plans to spin off a big portion of its business, which includes Kraft products, into a new firm, The Wall Street Journal reported Friday, citing people familiar.

U.S.-based multinational food company Kraft Heinz is preparing to break itself up, a decade after a merger of two of the biggest names in packaged foods that was orchestrated by U.S. investor and philanthropist Warren Buffett and Brazilian private-equity firm 3G Capital,

Despite all the procedures, testing, safety measures, and standards across various industries, accidents happen. Unfortunately, sometimes they even cost lives. In 2024, hospitalizations and deaths from contaminated food doubled compared to the prior year,

QXO appointed a new Chief Information Officer, effective July 14, bringing a decade of senior technology leadership from Kraft Heinz.

Food giant Kraft Heinz is recalling more than 360,000 pounds of Oscar Mayer turkey bacon products for possible listeria contamination.

Give me your battered, your cheap, Your wounded stocks that crave a second chance, The wretched refuse of the market’s heap. They’ve stumbled, yet they soon again may dance. That little poem (with apologies to Emma Lazarus) sums up the idea behind my Casualty List.