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Kraft Heinz Splitting Into Two Companies In Major Shakeup: What To Know
The Kraft Heinz Company, maker of household staples like Heinz ketchup and Kraft Mac & Cheese, will undo its merger and split into two companies.
Kraft Heinz announced the move in a news release on Tuesday, Sept. 2. The split is expected to be completed by the second half of 2026.
One company, temporarily named "Global Taste Elevation Co.," will house global sauce, spread, and meal brands such as Heinz, Philadelphia cream cheese, and Kraft Mac & Cheese. The second, with a placeholder name of "North American Grocery Co.," will focus on staples like Oscar Mayer, Kraft Singles, an…
Skittles Gets Fiery With Newest Candy: How To Buy Spicy Gummies
Fans of Skittles will soon be able to spice things up with the brand's newest candy.
Skittles will release Gummies Fuego, a sweet-and-spicy twist on the classic candy. McLean, Virginia-based Mars Inc. announced the "swicy" flavor in a news release on Monday, Aug. 18.
The candy features a tangy chili coating to the gummies, which are a fusion of five Skittles flavors: mango, watermelon, strawberry, raspberry, and lemon.
"At Mars, we're always paying attention to emerging trends and looking for exciting new ways for our fans to experience Skittles," said Ro Cheng, the marketing vice presiden…
Target Will Pay You To Trade In Your Old Car Seats In Maryland: Here's How To Participate
Got an old car seat collecting dust? Target is running a nationwide car seat trade-in event this week, and shoppers across the U.S. can score 20% off a new one just for recycling the old.
According to Target’s website, guests can drop off used, expired, or damaged car seats at most Target stores from Sunday, May 4 to Sunday, May 10. In return, you can receive a 20% Target Circle™ Bonus toward a new car seat, base, travel system, stroller, or select baby gear. Accepted items include infant seats, boosters, bases, and convertible models.
To redeem the offer, shoppers must scan the QR cod…
Layoffs Hit Pandemic-Era Heights As Musk Slashes Federal Jobs, Trump's Widespread Tariffs Begin
The US saw one of its largest waves of layoffs in decades, fueled by billionaire Elon Musk's efforts to purge the federal government, as markets fear the financial impacts of President Donald Trump's sweeping new tariffs.
US employers announced 275,240 job cuts in March, outplacement firm Challenger, Gray & Christmas said on Thursday, Apr. 3. That's the third-highest monthly amount since Challenger began tracking layoffs in 1989, only surpassed by the height of the COVID-19 pandemic in April and May of 2020.
So far in 2025, employers have announced 497,052 job cuts — the highe…
As Egg Prices Soar, Another Breakfast Staple Is Seeing Inflation Reversal
As egg prices continue to soar with no relief in sight, there's finally some good news for consumers.
Another breakfast staple is seeing prices snap, crackle, and drop.
For the second straight year, cereal prices have decreased.
Analysts attribute the reason to lower demand and increased harvests.
According to pattern.com, the follow cereals saw the biggest price declines in 2024:
Fruity Peebles
Corn Pops
Quaker Oats
Cap'n Crunch
Grape Nuts
Rice Krispies
Trix
Other popular brands, such as Cheerios, Rice Krispies, Cinnamon Toast Crunch, Honey Bunches of Oats, Life, a…