Kraft Heinz News

Fund Opposing DEI-Hiring Goals Targets Nike, Kraft and Autodesk

A new investment fund that plans to oppose corporate DEI hiring goals is taking aim at Nike Inc., Kraft Heinz Co. and Autodesk Inc. Azoria Partners’ fund says it will avoid S&P 500 companies with specific diversity, equity and inclusion …

Lawsuit Accuses Major Food Companies of Marketing ‘Addictive’ Food to Kids

Major food companies, including Kraft Heinz, Mondelez and Coca-Cola, were hit with a new lawsuit in the U.S. on Tuesday accusing them of designing and marketing “ultra-processed” foods to be addictive to children, causing chronic disease. The lawsuit was filed …

Markets/Coverages: Heinz Offers World’s 1st Ketchup Insurance Policy With 57 Varieties

Heinz Arabia has announced the launch of the world’s first-ever ketchup insurance policy. The new insurance coverage aims to alleviate the stress and inconvenience of everyday ketchup spills, splatters and splotches. Inspired by countless social media posts showcasing ketchup-related accidents, …

Kraft Heinz, 2 Execs to Pay $62M to Settle Charges of False Accounting

The Kraft Heinz Company and two former executives have agreed to pay more than $62 million to settle charges they falsified supplier contracts to achieve cost savings in a multi-year accounting scheme, the U.S. securities regulator said on Friday. The …

Delaware Judge Says Fired Medical Marijuana User Can Pursue Lawsuit

A Delaware judge has ruled that a medical marijuana user fired from his factory job after failing a drug test can pursue a lawsuit against his former employer. Jeremiah Chance was fired in 2016 from his job as a yard …