| Dec 18, 2013
| 3:38 AM
Northfield-based Kraft Foods Group Inc. said it is setting aside $3 billion for an open-ended stock repurchase program.
The timing and amount of stock repurchases will be subject to management evaluation of market conditions and other factors, the...
| Jan 10, 2014
| 4:35 PM
Attention, Velveeta lovers: The cheesepocalypse is real. Kraft Foods has confirmed recent reports of a Velveeta shortage.
Kraft posted a statement on its Tumblr thanking Velveeta fans for their support during this difficult time.
"As you have...
| Jan 7, 2014
| 12:54 PM
Queso-eating football fans may want to prepare themselves for a possible Velveeta shortage before the Super Bowl. Kraft Foods, the makers of the easily meltable cheese blocks is having trouble keeping up with the Velveeta demand.
| Jan 8, 2014
| 7:17 AM
When Kraft Foods Group announced on Tuesday that customers might not be able to find some Velveeta products on store shelves for several weeks. The Twitter-verse, talk shows and the like reacted as if we all might starve during the NFL Playoffs and --...
| Jan 6, 2014
| 8:54 AM
Men’s Wearhouse Inc. is upping its bid to buy competitor Jos. A. Bank Clothiers, offering to pay some $1.6 billion for the men’s apparel retailer.
The two companies have been trading acquisition attempts, sparked by Jos. A. Bank’s...
| Sep 10, 2013
| 6:12 PM
NEW YORK — The stock market's all-star team has some new players.
Leaving the Dow Jones industrial average is aluminum giant Alcoa Inc., computer-maker Hewlett-Packard Co. and financial behemoth Bank of America Corp. Joining the index of 30 blue-...
| Nov 23, 2013
| 7:00 AM
With millions of turkeys thawing and piles of stuffing waiting to be prepared, Thanksgiving is one of the riskiest times of year for food safety.
Bacteria can be lurking anywhere in crowded holiday kitchens, spread by cross contamination or...
| Nov 21, 2013
At the current rate, women will achieve equal representation in the boardrooms and executive ranks of Chicago's largest companies in 2084.
Or 71 years from now.
That glacial pace of change is the key finding of The Chicago Network's 2013 census...
| Nov 14, 2013
| 2:53 PM
Kraft Foods has prevailed, at least so far, in the battle over the Cracker Barrel label.
The issue before the U.S. Circuit Court of Appeals was whether Cracker Barrel Old Country Store should be prohibited from marketing a line of meat under its name...
| Nov 4, 2013
| 9:01 AM
Kellogg Co. on Monday reported third-quarter net sales of $3.7 billion and also announced a four-year plan to cut costs that will include reducing its global work force by 7%, or about 2,000 jobs.
Though the company largely met earnings expectations,...
| Nov 1, 2013
| 10:46 AM
Kraft macaroni and cheese is known for its neon yellow color, but the company has announced plans to remove the yellow dye that gives the mac and cheese its signature hue. But before health-conscious moms across the globe give a cheer, the company is...
| Nov 3, 2013
"If each of all of the races which have subsisted in the vast Middle West could contribute one dish to one great Midwestern cauldron, it is certain that we'd have therein a most foreign and gigantic stew."
This piece first ran in...