KraftFoods

Kraft Velveeta Shells & Cheese Recalled

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.

Why the Kraft Split Makes Sense

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.

Kraft Plans to Split Into Two Companies

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.