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HISTORICAL FACTS: 5 | History Defined

Stock Index Futures Slip as Investors Await Fed Rate Decision, U.S. Jobs Data on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.29%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.58% this morning as the prospect of higher-for-longer U.S. interest rates continued to weigh on sentiment, with all eyes on the Federal Reserve’s interest rate decision due later in the day.

Barchart

Consumer Reports asks USDA to remove Lunchables from schools' lunch menus

The group found high levels of sodium and the presence of heavy metals in meal kits it tested. A Kraft Heinz spokesperson said all of its products meet strict safety standards.

WEKU

US to spend $6bn to reduce carbon footprint of steel, ice cream and mac and cheese

Funding will go to recipients in more than 20 states in industrial sector, which is responsible for roughly 25% of US emissions

The Guardian - US

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This adorable art proves that AI is no match for a kid's imagination

This Lunchables campaign has restored my faith in human creativity.

Creative Bloq

Oscar Mayer debuts plant-based hot dogs

“This is an attractive space. There is an unmet need"

Salon

Can we have our cake and eat it? Welcome to the world of sugar elimination

Our sugar problem could be solved by counteracting it after we’ve eaten it, as stomach ‘sponges’ and fibre-making enzymes head to market

The Guardian - UK

Is Kraft Heinz Q4 Earnings a Buy Signal?

While the Kraft Heinz Company (KHC) encountered declining sales in its most recent reported quarter, it is concurrently undertaking proactive measures to enhance its long-term growth prospects. In light of these developments, what to do with KHC shares? Read more to find out.

StockNews.com

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Kraft Heinz investigating possible cyberattack

Snatch ransomware group claims to have breached Kraft Heinz’s systems, but it could just be an empty boast.

TechRadar

Kraft debuts dairy-free mac and cheese in the US

The new recipe has the same creamy texture and flavor of the original Mac & Cheese but replaces dairy with ingredients like fava bean protein and coconut oil powder.

Chicago Sun-Times

‘Greedflation’ study finds many companies were lying to you about inflation

Companies like Exxon Mobil, Shell, and Kraft Heinz enjoyed bumper profits as consumers struggled with historic inflation.

Fortune

Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows

Multinationals in particular hiked prices far above rise in costs to deliver an outsize impact on cost of living crisis, report concludes

The Guardian - UK

Thanksgiving’s Top 5 Unusually Active Options to Help You Celebrate

Thanksgiving Day has arrived. Families and friends will gather to share stories, drink, eat, and be merry. Add a dose of football watching or playing in the backyard, and you have the makings of a beautiful tradition.

Barchart

Should You Buy This Warren Buffett Stock Near 52-Week Lows for Its 5% Yield?

Legendary value investor Warren Buffett says he made a mistake in overpaying for KHC - but it's gotten quite a bit cheaper since then. Is it finally time to buy the consumer staples stock at current levels?

Barchart

Kraft is recalling some American cheese slices over potential choking hazard

The company said one of its wrapping machines developed a temporary issue that makes it possible for a thin strip of film to remain on the slice even after it's been removed from the wrapper.

WEKU

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The Independent UK

Kraft recalls 83,000 cases of American cheese singles over ‘gagging’ risk

Kraft’s individually wrapped processed cheese product Kraft Singles was introduced in 1965

The Independent UK

Kraft Heinz is recalling some American cheese slices because the wrappers could pose choking hazard

Kraft Heinz is recalling more than 83,000 cases of individually-wrapped Kraft Singles American processed cheese slices because part of the wrapper could stick to the slice and become a choking hazard

Barchart

General Mills vs. Kraft Heinz: Which is the Better Consumer Defensive Stock?

As Wall Street starts to lose its risk appetite, here's a look at two of the largest food companies in the world to determine which is the better pick for investors looking to play defense with their portfolios.

Evening Standard

OPINION - How to create brand superfans with Kraft Heinz’s Rafael Oliveira: How to be a CEO podcast

How do you keep a family favourite affordable in a cost of living crisis?

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Axios

To avoid putting consumers off, some brands describe their food as "plant-based," not "vegan."

Evening Standard

Heinz Remix machine lets you customise your own sauce with over 200 options

Anyone for mango ketchup?

Salon

Corporate greed, inflation and hunger

"Big Food's staggering increase in earnings shows they did not need to raise prices so high on consumers . . . "

Barchart

Markets Today: Stock Index Futures Climb Ahead of FOMC Meeting Results

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.16%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.19%. U.S. stock index futures this morning are moderately higher. The markets are awaiting the conclusion of the 2-day FOMC meeting later today to see if...

Barchart

Stock Index Futures Move Higher as Investors Await Fed Rate Decision, Bank and Debt Fears Return

June S&P 500 futures (ESM23) are up +0.14%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.17% this morning after three major U.S. benchmark indices finished the regular session solidly lower as renewed fears about the health of the U.S. banking sector weighed on sentiment ahead of the Federal…

The Guardian - UK

Why are UK food prices up by 19% – and which foods are worst affected?

Sugar, sauces, milk and cheese – we look at what is behind the March food inflation figure and if there is hope on the horizon

Axios

Fun foods proliferate as Americans snack more than ever

New products include mini Twinkies, Cocoa Puffs popcorn and Dr Pepper-flavored cotton candy.

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