KraftFoods
| 2:40PM 9/30/2011
Kraft Foods is recalling about 137,000 cases of Velveeta Shells & Cheese Microwaveable Cups because they might be tainted with wire-bristle pieces, the company announced Friday. The company said it has received no reports of injuries or complaints, and that it was voluntarily issuing the recall to be on the safe side.
By Jonathan Berr, The Motley Fool
| 12:45PM 8/05/2011
Kraft split into two, spinning off its North American grocery business from its faster-growing international snacks business Friday. Here's what the move means for shareholders, and why it makes sense.
| 7:38AM 8/04/2011
Kraft Foods announced Thursday plans to split into two publicly traded companies, with one concentrating on snacks while the other focuses on the North American grocery business.
| 3:30PM 1/15/2010
Oscar Mayer's name is synonymous with two things: processed meat and catchy jingles. Start singing, "My bologna has a first name...." and chances are several people will join in to finish the song. The song debuted in the 1970s with a commercial that's pure Americana: A small boy, sitting on a dock...
| 3:30PM 10/28/2009
It's been clear for some time now that the recession has taken its toll on consumers, leading them in many instances to winnow purchases down to the bare necessities. And the food industry, always on the outlook for a new gimmick to sell its wares, is paying attention.
It's one reason you may...
| 1:00PM 6/02/2009
It's a dog-eat-dog world, especially when it comes to the frankfurter business. Sara Lee Corp., maker of Ball Park hot dogs, has filed a lawsuit against Kraft Foods Inc., parent company of Oscar Mayer. The litigation skewers Oscar Mayer, disputing taste-test results in which Kraft claims its brand...
| 4:30PM 12/03/2008
In an effort to sell its Stove Top brand of stuffing, Kraft Foods plans to have heated air fall from inside 10 bus shelters in Chicago, according to a New York Times story. At least people waiting for a bus won't be bombarded with the smell of turkey stuffing, although it is a great smell worthy of...
| 12:00PM 10/29/2008
When one imagines the Great Depression, the first things to come to mind are probably images of hobos and soup lines, government infrastructure projects and FDR. However, another, even more important legacy of that time is the idea of thrift. When I was a kid, many of my friends' grandparents were...