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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 Foods selects Rosenfeld as new CEO

Kraft Foods Inc. on June 26 announced the appointment of Irene B. Rosenfeld as chief executive officer, effective immediately. She replaces Roger K. Deromedi, who...

Kraft announces new business strategy

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

U.S. food price rise to be largest in 18 years: USDA

U.S. food prices will rise by 5 percent this year, the largest increase since 1990 and propelled by sharply higher prices for bread, cookies and other bakery...

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.

Altria to spin off its stake in Kraft this month

Following a year or more of speculation, Altria Group Inc., the New York-based holding company that owns both Kraft Foods Inc. and cigarette-maker Philip Morris,...

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...

Kraft names new North America president

Kraft Foods Inc. announced W. Anthony (Tony) Vernon will become President, Kraft Foods North America, in mid-August.

Kraft to cut 8,000 jobs, close 20 plants

Suffering from flat sales growth and rising ingredient costs, Kraft Foods Inc. announced Jan. 30 it will cut another 8,000 workers and close 20 more factories worldwide.

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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