Showing results for "Kraft Heinz"
markets
Jorge Paulo Lemann Says Trying to Save Americanas After $5 Billion FraudJorge Paulo Lemann, the billionaire Brazilian dealmaker, said that together with his long-time partners, he’s trying to save retailer Americanas SA after a massive $5 billion fraud pushed it into bankruptcy protection.April 6, 2024
politics
FTC Is Urged to Enforce Antitrust Law Over Grocery Price DiscriminationThe US Federal Trade Commission should enforce a rarely used antitrust law after finding that large retailers such as Amazon.com Inc. and Walmart Inc. increased profits during the Covid-19 pandemic and have kept prices high since, a group of lawmakers urged the agency.March 28, 2024
industries
Big Groceries Profited From Pandemic More Than Smaller RivalsLarge grocery retailers’ annual profits rose during the Covid-19 pandemic and have remained elevated in the years since, which warrants deeper scrutiny, according to a report released by the Federal Trade Commission.March 21, 2024