Categories Business News

Rupert Murdoch calls off proposed Fox-News Corp merger

Rupert Murdoch has withdrawn his proposal to re-combine Fox Corp and News Corp. Fox said Tuesday its board received a letter from Murdoch, its chairman, and his son and Fox CEO Lachlan Murdoch that “determined that a combination is not optimal for the shareholders” of either of the…

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Categories Business News

Kraft Heinz taking the 10-year approach

NEW YORK — Continually trying to forecast consumer trends 10 years into the future will fuel growth at the Kraft Heinz Co., said Miguel Patricio, chief executive officer. He gave baby food and pet food in China as a way the strategy could have helped in the past.…

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