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The company's shares fell more than 13 percent shortly after the start of trading Tuesday before rebounding, with the stock trading down nearly 6 percent as of 2:40 p.m. Eastern time.
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NEW YORK - Kraft Heinz says it is cutting about 2,500 jobs as part of its plan to slash costs after the food companies combined. The company says it has a total of around 46,600 employees.
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Amazon once again announced a new product without the traditional media launch event.In this case, it is the Fire TV Stick, a $39 streaming media stick meant as a competitor to the likes of Google ...
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The China-based e-commerce giant late Thursday priced its shares at $68 apiece, making the deal one of the world's biggest ever initial public offerings.Alibaba raised $21.8 billion in the IPO ...
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FDA raises questions about hospital hand sanitizers April 30, 2015 / 1:04 PM / AP WASHINGTON -- To fight infections, hospital workers can hit the hand sanitizer a hundred times or more a day.
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