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Altria to spin-off Kraft Foods Inc.

Altraia Group, Inc.'s board of directors authorized a spin-off of all shares of Kraft Foods Inc. owned by Altria to Altria's shareholders.

Kraft to cut another 8,000 jobs, close 20 more plants

On Jan. 30, Kraft said sluggish sales and rising commodity costs would force it to cut another 8,000 jobs "at all levels of the organization" and close 20 more...

Kraft Foods to cut about 600 jobs

Kraft Foods Inc. on Oct. 14 said it would cut about 600 jobs and exit leased offices in Tarrytown, N.Y., early next year, the latest moves under a sweeping...

Kraft announces new business strategy

Kraft Foods Inc. announced a new business strategy that is said to spur company growth.

Kraft announces new executive team

Kraft Foods Inc. announced a new executive team that will sharpen the company's focus on innovation, marketing and growth.

Kraft sets path for overseas expansion

Kraft Foods Inc., signaling Chief Executive Irene Rosenfeld's determination to make foreign acquisitions, is giving its international managers more power to engineer...

Deromedi says Kraft needs innovative products to revive sales

Kraft Foods Inc. Chief Executive Roger Deromedi confessed to industry analysts Tuesday that the company still has a long way to go in its restructuring efforts. He...

Kraft acquires United Biscuits' Iberian operations, recovers Nabisco trademarks

Kraft Foods Inc. completed its acquisition of United Biscuits' (UB) Iberian operations, as well as the recovery of the rights to key Nabisco trademarks in Europe,...

Kraft Foods to replace AIG in Dow Jones Industrial Average September 22

Kraft Foods Inc. will replace American International Group Inc. in the Dow Jones Industrial Average effective Monday.

Kraft makes Oscar Mayer stand-alone business

Oscar Mayer will become a stand-alone business unit early next year under a reorganization plan from parent company Kraft Foods Inc., Northfield, Ill.

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