Category: Kellogg

Suspect in Jail After 4 People Fatally Shot at Residence in Idaho, Police Say

KELLOGG, Idaho—A 31-year-old man detained at the scene of a shooting in northern Idaho that left four people dead on Sunday has been booked into jail on probable cause for murder and is a neighbor of the victims, state police said. In a news release late Monday afternoon, Idaho State Police said they were still…


Kellogg Snack Business to Be Named ‘Kellanova’ After Cereal Unit Spin-Off

Kellogg Co.’s global snacking business will be called “Kellanova” following the spin-off of its North American cereal unit, the packaged food giant said on Wednesday, as the company splits itself in two to sharpen focus of each division. The cereal business—home to brands including Kellogg’s, Froot Loops, and Rice Krispies—will be named “WK Kellogg Co.,”…


Kellogg’s Pricier Cereals Help Bolster Sales, Profit Forecasts

Kellogg Co. raised its forecast for full-year earnings on Thursday after topping estimates for quarterly sales, as higher prices for its breakfast cereals and snacks helped it overcome cost-related challenges. The company recently announced a three-way breakup to create businesses focused on snacks, cereals, and plant-based meat. Kellogg, like other global packaged food makers, has…


Twitter Board Approves Musk’s Offer; Mark Cuban Could Save Medicare Billions: Study | NTD Business

Billionaire Elon Musk is one step closer to buying Twitter. The company’s board has approved his buyout offer, urging shareholders to do the same. Investor Mark Cuban’s online pharmacy could save Medicare billions of dollars every year, according to Harvard researchers. They say Medicare is paying way too much for prescription drugs. Food giant Kellogg…


Kellogg Breaking Up Into 3 Separate Companies, Shares Jump

Kellogg has announced plans to split up into three separate companies by spinning off its North American cereal and plant-based businesses in hopes of enhancing “performance and value.” The Michigan-based Kellogg Company said in a statement Tuesday that its board has approved a plan to divide its business into three independent public companies, “each better…


Kellogg Workers Approve New Agreement, Ending Strike

Workers for Kellogg Inc. have voted in favor of a new tentative labor deal, ending their strike of over two months and setting the stage for a return to work on December 27th. The strike began on October 5th, when about 1,400 workers saw their contracts expire without an acceptable replacement, prompting them to abstain…


Striking Kellogg Workers Could Return After Christmas as Tentative Deal Reached

Kellogg Co. and the union representing striking workers at its U.S. breakfast cereal plants have reached a tentative agreement on a new five-year contract that could pave the way for the employees to return to work two days after Christmas. The 1,400 workers have been on strike since Oct. 5 and earlier this month overwhelmingly…


Biden ‘Deeply Troubled’ by Kellogg’s Plans to Replace Striking Workers

President Joe Biden expressed concern about reports that Kellogg is planning to permanently replace striking workers after the company announced its intent to do so after union staff rejected a tentative agreement that would have ended the months-long job action. “I am deeply troubled by reports of Kellogg’s plans to permanently replace striking workers,” Biden…


Kellogg Plans to Permanently Replace 1,400 Striking Workers

Kellogg plans to permanently replace some 1,400 workers who have been striking since October, the company announced this week. Kellogg and the Bakery, Confectionery, Tobacco Workers, and Grain Millers International Union failed to reach a new contract agreement, leading to the planned change. “We have made every effort to reach a fair agreement, including making six…


Kellog Plans to Permanently Replace 1,400 Striking Workers

Kellogg plans to permanently replace some 1,400 workers who have been striking since October, the company announced this week. Kellogg and the Bakery, Confectionery, Tobacco Workers, and Grain Millers International Union failed to reach a new contract agreement, leading to the planned change. “We have made every effort to reach a fair agreement, including making six…