Business

Kraft Heinz to split into two companies

Kraft Heinz will split into two companies, reversing much of the blockbuster $46 billion merger from a decade ago that created one of the biggest food companies in the world. The first of the two new companies, which are not yet named, will primarily include shelf-stable meals and will be home to brands such as

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Business

U.S. judge orders Google to share search data with competitors

Alphabet’s Google must share data with rivals to open up competition in online search, a judge in Washington ruled on Tuesday, while rejecting prosecutors’ bid to make the internet giant sell off its popular Chrome browser and Android operating system. Google CEO Sundar Pichai expressed concerns at trial in the case in April that the

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Business

Spirit Airlines files for Chapter 11 bankruptcy protection for the second time in a year

Spirit Airlines on Friday filed for bankruptcy protection, just months after the budget carrier failed to secure better financial footing when it came out of Chapter 11 protection in March. The Dania Beach, Florida-based airline said under this bankruptcy, it will reduce its network and shrink its fleet, cuts that it said will reduce costs

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Business

Retail panic: What the end of the ‘de minimis’ exemption means for brands across the globe

The de minimis exemption, an obscure trade law provision that has simultaneously fueled and eroded businesses across the globe, officially came to an end on Friday following an executive order by President Donald Trump. For nearly a decade, shipments valued under $800 were allowed to enter the country virtually duty free and with less oversight.

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Business

Trump accused Fed Governor Lisa Cook of mortgage fraud. That can be hard to prove, experts say

The Trump administration’s latest allegations of mortgage fraud have raised questions about a long-standing housing issue known as owner-occupancy mortgage fraud. But that type of fraud can be difficult to prove, experts say. President Donald Trump announced in a Truth Social post on Monday night that he was removing Federal Reserve Governor Lisa Cook. He

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Business

Cracker Barrel rebrand: Why companies retreat when faced with consumer criticism

It’s been a busy week for Cracker Barrel Old Country Store’s marketing team. The restaurant chain announced a rebrand and new logo last week, faced widespread criticism from social media users, including President Donald Trump, and proceeded to walk back its plan to change the logo. In that span of time, the company lost and

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Business

Lego hits record revenue in first half of 2025, boosted by brick flowers and cars

Flowers, succulents and Formula One race cars helped fuel a 12% revenue bump for Lego during the first half of the year. The company reported a record 34.6 billion Danish kroner, or $5.4 billion, in revenue as part of its biannual earnings report on Wednesday. Operating profit rose 10% year over year to 9 billion

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Business

AI detects sound of frog species threatened in Southern California

THE SANTA ROSA PLATEAU ECOLOGICAL RESERVE, Calif. — The scientist traipses to a pond wearing rubber boots but he doesn’t enter the water. Instead, Brad Hollingsworth squats next to its swampy edge and retrieves a recording device the size of a deck of cards. He then opens it up and removes a tiny memory card

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Business

Google has eliminated 35% of managers overseeing small teams in past year, exec says

Google has eliminated more than one-third of its managers overseeing small teams, an executive told employees last week, as the company continues its focus on efficiencies across the organization. “Right now, we have 35% fewer managers, with fewer direct reports” than at this time a year ago, said Brian Welle, vice president of people analytics

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Business

Cracker Barrel will go back to old logo after conservative backlash

Uncle Herschel is returning to the Cracker Barrel chair. After online outrage by conservatives who accused the country-themed restaurant chain of changing its values or going “woke” when it rolled out a new logo, the company said Tuesday that it was returning to its old branding. ‘We thank our guests for sharing your voices and

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