Merck (MRK) announced plans to separate its core pharmaceutical division into two units as it prepares for the upcoming patent expiration of its top-selling drug. The drugmaker said it is organizing ...

Automotive and industrial parts distributor Genuine Parts will separate into two independent companies, it said on Tuesday, months after a deal with activist investor Elliott Investment Management.

The split is the culmination of a review the Atlanta-based company has been undergoing with financial advisers. The Wall Street Journal reported earlier Tuesday that the deal announcement was imminent ...

Tim Fang is a digital producer at CBS Bay Area. A Bay Area native, Tim has been a part of the CBS Bay Area newsroom for more than two decades and joined the digital staff in 2006. Several people were ...

Kraft Heinz KHC-1.18%decrease; red down pointing triangle is rethinking its breakup plan, and its new chief executive outlined a path to get the food giant growing again. The ketchup and macaroni ...

Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. A sign shows the company’s logo at the Kraft ...

Kraft Heinz said Wednesday it's pausing its plans to split into two companies. Steve Cahillane, a former Kellogg Co. chief who became CEO of Kraft Heinz on Jan. 1, said he wants to ensure that all of ...

The Bronx will be divided into two patrol boroughs, Police Commissioner Jessica Tisch announced during her State of the NYPD address on Tuesday. She added it's part of an effort to bring in more ...

The company’s new C.E.O. said he saw opportunities to fix and grow the food giant — and cut prices for consumers. By Julie Creswell Just a few months ago, the food giant Kraft Heinz had a plan to ...