Reuters News

Reuters News

Kraft Heinz discloses SEC probe, $15 billion write-down; shares dive 20 percent Shares of Kraft Heinz Co slumped 20 percent late on Thursday after the food company posted a quarterly loss, disclosed an SEC investigation and wrote down the value of its iconic Kraft and Oscar Mayer …

Kraft Heinz write-down puts focus on years of cost cuts, shares slump Kraft Heinz Co shares fell 20 percent on a slew of bad news, mainly centering on a multi-billion dollar write-down, which had investors wondering if years of rigorous cost cuts came at the expense of …

War memorial or religious symbol? Cross fight reaches U.S. high court When Fred Edwords first drove by the 40-foot-tall (12 meters) concrete cross that has stood for nearly a century on a busy intersection in suburban Maryland outside the U.S. capital, his first reactio …

Saudi Arabia strikes $10 billion China deal, talks de-radicalization with Xi Saudi Crown Prince Mohammed bin Salman cemented a $10 billion deal for a refining and petrochemical complex in China on Friday, meeting Chinese President Xi Jinping who urged joint efforts to counter …

U.S. to leave 200 American peacekeepers in Syria after pullout The United States will leave "a small peacekeeping group" of 200 American troops in Syria for a period of time after a U.S. pullout, the White House said on Thursday, as President Donald Tru …

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