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Companies from Ford Motor Co. to Staples Inc. say their businesses are being weighed down by the growing eurozone crisis, which is hurting the U.S. recovery.
Kraft Foods shareholders voted Wednesday to change the name of the U.S. company to Mondelez International.
Kraft Foods said Tuesday it would lay off 1,600 workers in North America in 2012 to position the company for splitting up its grocery and snack operations.
U.S. food giant Kraft said it would continue to pursue Cadbury, and called for a "disciplined approach" in its quest for the chocolate maker.
Kraft Foods Inc. Chief Executive Officer Irene Rosenfeld said Wednesday that Kraft would continue to pursue Cadbury PLC, the British confectionery maker.
Indra Nooyi, chairman and chief executive officer of Pepsi Co. was ranked first on Fortune Magazine's annual list of the 50 most powerful women in 2008.
Kraft Foods Inc. Chief Executive Officer Irene Rosenfeld said the Northfield, Ill., food giant will raise prices this year.
Kraft Foods has agreed to sell its Post cereals business to Ralcorp Holdings in a $2.6 billion merger deal, it was reported Friday.
New York-based Forbes magazine has ranked German Chancellor Angela Merkel No. 1 on its list of the World's 100 Most Powerful Women.
Analysts were disappointed by U.S. food giant Kraft Foods Inc.'s decision to retain all its product lines, a published report said Wednesday.
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