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Kraft Heinz Plans 2026 Spin-Off After Slow Growth Decade
By Mariana Allende - Thu, 12/18/2025 - 07:27
Kraft Heinz to split into two public companies in 2026, separating groceries from sauces amid sluggish growth and high tariffs.
https://mexicobusiness.news/tag/cnbc
More AI, Cloud & Data
xAI Raises US$6 Billion to Develop AI, Compete with ChatGPT
By MBN Staff - Tue, 12/24/2024 - 09:40
Elon Musk’s company, xAI, secured US$6 billion to continue developing a competitor to OpenAI.
Trump Unveils US Bitcoin Reserve as Part of Economic Plan
By MBN Staff - Tue, 12/17/2024 - 08:44
Donald Trump plans a US bitcoin reserve as part of his economic vision, amid soaring bitcoin prices surpassing US$100,000 after his November election.
Retailers Brace for Tariff Challenges Under Trump
By Mariana Allende - Tue, 11/19/2024 - 15:29
US retailers brace for supply chain challenges and price hikes as Trump’s tariffs loom.
Nvidia AI Chip Flaw Causes Delays, Hits Stock Performance
By Reneé Lerma - Fri, 10/25/2024 - 15:59
Nvidia revealed a design flaw in its latest AI chip, causing production delays and affecting its stock
Nvidia CEO Claims 'Insane' Demand for AI Chips
By Reneé Lerma - Fri, 10/04/2024 - 14:49
Nvidia's new AI chip, Blackwell, has seen strong client demand, boosting the company's stock by nearly 3%.

Nike's New CEO Elliott Hill Faces Tough Turnaround Ahead
By Mariana Allende - Fri, 09/20/2024 - 17:05
Nike has announced the appointment of company veteran Elliot Hill as new CEO to address declining sales.
GM Achieves Record 2Q24 Deliveries, Fueled by Strong EV Sales
By MBN Staff - Tue, 08/27/2024 - 16:57
General Motors reported record-breaking deliveries in the 2Q24, driven by strong electric vehicle sales
Starbucks Reports Declining Sales and Foot Traffic in 2Q24
By Mariana Allende - Fri, 08/09/2024 - 16:23
Starbucks reported weaker-than-expected earnings for 2Q24, with revenue falling 1% and global same-store sales dropping 3%.

Outlet Malls Struggle as Amazon, Shein Change Consumer Habits
By Mariana Allende - Wed, 07/24/2024 - 12:39
Outlet malls are facing tough competition as e-commerce giants like Amazon and Shein change consumer habits.