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Heinz Working on Ketchup Bottle Made From Wood Pulp
The brand is working with Pulpex, the same company behind a paper whiskey bottle.
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Restaurants See Dip In Condiment Supplies as US Faces Ketchup Shortage
After takeout orders increased during the pandemic, many restaurants are now facing a shortage of ketchup packets, leaving customers, and their food, dry.
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Kraft Launches Pink Mac and Cheese for Valentine's Day That Tastes Like … Candy?
There are a lot of foods that pair together perfectly to spark a little romance. Spaghetti and meatballs, for instance. Chocolate and strawberries, too. Kraft’s Valentine’s Day concoction, on the other hand, sparks confusion. While macaroni merges with cheese most harmoniously, Kraft decided to add on a third wheel for Feb. 14: candy … pink candy. And no, the candy is...
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Planters Pauses Mr. Peanut Funeral Ad Campaign After Kobe Bryant Death
Kraft Heinz snack brand Planters is pausing paid advertising behind a campaign about the apparent death of its animated mascot, Mr. Peanut, after a helicopter crash Sunday killed nine people, including retired NBA superstar Kobe Bryant and his 13-year-old daughter Gianna. “We wanted you to know that we are saddened by this weekend’s news and Planters has paused all campaign activities, including...
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Berkshire Hathaway Investors Worry About Life After Buffett
Tens of thousands of Berkshire Hathaway shareholders return to Omaha every year to learn from Warren Buffett and celebrate the company he built through acquisitions and investments. But with the 88-year-old Buffett and 95-year-old Charlie Munger leading the company, it’s hard for shareholders not to wonder how much longer the revered investors will be in place. And the fact that...
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Consumer Goods Companies Preparing for Climate Change Impact
Companies behind some of the best-known consumer products — from soaps to sodas — are beginning to factor climate change into their business equation, according to a report published Monday. The survey of 16 major corporations by non-profit group CDP found that many are working to lower their carbon emissions, prepare for the effects of global warming on their supply...
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Warren Buffett Wants to Make an ‘Elephant-Sized' Purchase, But Says ‘Prices Are Sky-High'
Despite a sour year in which Berkshire Hathaway posted a loss and was forced to write down $3 billion on its investments, Warren Buffett told shareholders that he wants to make a big acquisition. There is just one problem: Prices are too high. “In the years ahead, we hope to move much of our excess liquidity into businesses that Berkshire...
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At Kraft Heinz, a Fed Investigation and a $15.4B Write-Down
Kraft Heinz disclosed an investigation by federal regulators and will slash the value of its Oscar Mayer and Kraft brands by $15.4 billion. Shares plunged 26 percent at the opening bell Friday, the company’s biggest single-day decline, after posting a stunning $12.6 billion loss for the fourth quarter. Kraft Heinz divulged the receipt of a subpoena in October from the...
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Why Wait? Watch Some of the 2019 Super Bowl Commercials Right Now
Feb. 3 is quickly approaching and we’re getting super excited. Not about the Super Bowl … but the commercials.
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Kraft Heinz's Country Time Will Pay Children's Lemonade Stand Fines
The world’s fifth-largest food and beverage company has launched a campaign to assist kids who are fined for setting up lemonade stands. Country Time lemonade and its parent company, Kraft Heinz, will reimburse children for permit violations and fines up to $300, according to a news release. A company spokeswoman said in an email to NBC that the $300 cap...
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Kraft Heinz's Country Time Will Pay Children's Lemonade Stand Fines
The world’s fifth-largest food and beverage company has launched a campaign to assist kids who are fined for setting up lemonade stands. Country Time lemonade and its parent company, Kraft Heinz, will reimburse children for permit violations and fines up to $300, according to a news release. A company spokeswoman said in an email to NBC that the $300 cap...
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Hold the Nitrites, Are Hot Dogs Healthier Without?
Backyard cooks looking to grill this summer have another option: hot dogs without “added nitrites.” Are they any healthier? Oscar Mayer is touting its new hot dog recipe that uses nitrite derived from celery juice instead of artificial sodium nitrite, which is used to preserve the pinkish colors of processed meats and prevents botulism.
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Kraft Heinz Recalls Lunchables Due to Misbranding, Undeclared Allergens
Kraft Heinz is recalling nearly 1,000 pounds of Lunchables due to misbranding and undeclared allergens, according to the U.S. Department of Agriculture’s Food Safety and Inspection Service.