The man in charge of ensuring the safety of miners at West Virginia's Upper Big Branch coal mine pleaded guilty Thursday to charges that he helped conceal hazardous conditions from federal inspectors.
Procter & Gamble announced plans Thursday to cut 5,700 positions globally by June of next year. In a presentation to the Consumer Analyst Group of New York, Procter & Gamble CEO Bob McDonald and CFO Jon Moeller said the cuts were part of a plan to save $10 billion in costs by 2016.
Pringles will be getting a little extra snap, crackle and pop.
Owners of West Virginia's Upper Big Branch coal mine have settled wrongful death lawsuits filed by the families of 29 men who died in an April 2010 explosion, an attorney representing two of the miners' estates said Wednesday.
A box of Kellogg's cereal pops up out of a bag in her shopping cart
So you want a job at a top investment bank like Goldman Sachs, or consultancy like McKinsey, or law firm like Sullivan & Cromwell. In our meritocratic society, where CEOs can begin in the mailroom and Siliconillionaires have dropped out of college, the trick is to work hard and produce excellence, right? Not so. You're better off just attending Harvard and playing lacrosse, according to a recent curious study.
The owners of a West Virginia mine where 29 people perished in an explosion last year have agreed to permanently seal it, federal regulators said.
updated: Tue Apr 05 2011 07:16:00
President Obama delivers the eulogy at a memorial for the 29 miners that were killed in an explosion in West Virginia.
Acting West Virginia Gov. Earl Ray Tomblin will join the families of the 29 men who perished in an explosion at the Upper Big Branch Mine a year ago Tuesday.
Supermarket chain Wegmans Food Markets has pledged to not raise prices on 40 products this year, despite rising commodity and energy prices.
Supermarket chain Weegmans Food Markets has pledged to not raise prices on 40 products this year, despite rising commodity and energy prices.
Successful business leaders are well aware of the power of body language, but new research is suggesting that "powerful" body language could be more important than your rank in an organization.
More than 500 million eggs have been recalled in recent weeks because of salmonella poisoning, an outbreak that originated at a pair of Iowa farms and has spread to at least ten states. Nearly 2000 people reported that they got sick from the bacteria between May and July. Experts say the outbreak is a national crisis-but it could also be a boon for advocates of a food safety bill that's slated for a probable Senate vote in September.
Kellogg Co. is recalling 28 million boxes of several popular cereals due to an unusual flavor and smell, the company said Friday.
Recovery crews worked in a West Virginia coal mine Monday, hoping to bring out by late afternoon the last nine bodies remaining there out of the 29 miners who died in an explosion a week ago, officials said.
Efforts were under way Sunday to reventilate a sprawling West Virginia coal mine so crews can recover the bodies of 22 miners who died in an explosion Monday, authorities said. Seven bodies were removed soon after the blast.
President Obama on Saturday urged a thorough investigation into a deadly explosion at a West Virginia coal mine that killed 29 people, hours after rescue efforts at the mine gave way to an operation to recover the dead.
President Obama has challenged all Americans to participate in the volunteer service movement and to support initiatives that help solve the problems that plague our communities.
When Kellogg's dumped its endorsement of Michael Phelps after a photograph surfaced of the Olympic gold medalist using a bong, the company was stuck with thousands of boxes of cereal featuring the swimmer's image.
Quite the stink over Michael Phelps' dalliance with the wacky tobaccy. With The Fuzz in South Carolina all fired up to press charges, we have the usual role model hand-wringing and clacking of calculators in damage assessment mode as a pungent cloud drifts over Phelps' endorsement future.
Olympic champion Michael Phelps said Friday that he is grateful for the support of friends, family and most of his sponsors, and is focusing on his training in the wake of disciplinary action after a photo surfaced of him smoking from a bong.
updated: Fri Feb 06 2009 21:34:00
Michael Phelps says he's glad to be back in the water despite his suspension by USA Swimming.
The Olympian's behavior "is not consistent with the image of Kellogg," the corn flake company says
Olympic hero Michael Phelps was suspended from competitive swimming for three months on Thursday -- just hours after one of his sponsors announced it would not renew his contract after a photo surfaced of him smoking from a bong.
updated: Fri Feb 06 2009 11:22:00
Michael Phelps says that he has learned from his mistakes and is happy to be back in the water.
Federal officials are urging consumers to put off eating foods that contain peanut butter until assurances are made that the foods do not contain products manufactured by the Peanut Corp. of America, some of which were found to contain salmonella.
Kellogg Company announced Wednesday it is recommending that consumers not eat some of its peanut butter crackers because they may be tainted with salmonella.
The Kellogg Co. announced Wednesday it is recommending that consumers not eat its peanut butter crackers because they may be tainted with salmonella.
updated: Thu Dec 18 2008 12:44:00
A gondola tower at a ski resort in Canada snapped, trapping more than 50 riders for up to three hours in suspended cars.
Canadian ski resort gondola cars that were left dangling and swaying with terrified skiers inside failed because ice buildup snapped a supporting tower, the resort said Thursday.
General Mills Inc., halfway through its fiscal year, reported a 3.1% quarterly profit decline on Wednesday but raised its expectations for the year because of strong worldwide demand for its products.
GM is one of the few stocks in the S&P 500 that is up this year. You read that right.
"My mom is by far the most important woman in my life," he says of the female attention
A lawsuit filed in California against Kellogg, Brown and Root on Wednesday alleges the company and its subcontractor were involved in a human trafficking plan that forced Nepali men to work against their will in Iraq.
What do Oreo cookies made by Nabisco, Cheez-It crackers from Kellogg's or General Mills' Fiber One Chewy Bars have to do with global warming and the destruction of tropical rainforests? A lot, say environmental activists.
The Olympic swimming champ's grrrreatest moments will be remembered Kellogg's cereal boxes
Faced with soaring production costs, food companies are resorting to the age-old practice of earning more by selling us less
Get ready to pour your milk out of a square jug.
updated: Wed May 28 2008 21:24:00
Staff Sgt. Ryan Maseth was electrocuted in Iraq. His mother tells CNN's Abbie Boudreau of the pain she's endured.
A highly decorated Green Beret, Staff Sgt. Ryan Maseth died a painful death in Iraq this year. He died not on the battlefield. He died in what should have been one of the safest spots in Iraq: on a U.S. base, in his bathroom.
Your life-long dream has come true. You have beaten the odds and have made an NFL team. You go on to have a relatively successful career by staying in the league for 3.2 years. You are 25 years old. What are you going to do now?
Stacy Blackman runs a Los Angeles-based consultancy that helps students get into college by emphasizing their strengths and airbrushing any unsightly quirks. But Blackman, 36, has her own nerdy secrets: She's been to a Star Wars convention. To collect Pez dispensers. She's even visited the original Pez factory in Austria and the Pez museum in Burlingame, Calif.
The Coca-Cola Company said Tuesday it will buy a 40% stake in Honest Tea, a 10-year-old organic bottled tea upstart that grew its sales 70% last year.
General Mills Chief Executive Officer Steve Sanger is stepping down effective immediately, the nation's second-largest cereal maker said Monday.
A 1967 visit to the University of Wisconsin-Madison by a recruiter from Dow Chemical Co., which made napalm, sparked a bloody clash between police and protesting students and galvanized anti-war sentiment on campus.
The foodmaker General Mills Inc. reported on Wednesday that its first-quarter profit rose 8 percent as rising revenue offset higher ingredient costs and increased spending on marketing.
Kraft Foods is in the early stages of finding a buyer for its Post cereals division, known for such popular brands as Grape Nuts and Cocoa Pebbles, according to a report published Thursday.
China cannot accept the indiscriminate ban on four kinds of seafood imported from the mainland by the United States and urged the matter be settled as soon as possible, the Xinhua news agency reported.
Biogen Idec's chief financial officer Peter Kellogg is moving over to Merck, where he has been named the new CFO, the companies said on Friday.
General Mills Inc. on Thursday posted higher quarterly profit, as sales of items like snack bars and light yogurt helped offset rising costs for grains and other ingredients.
In auto racing, drivers spend their whole professional life going around in ovals. No wonder everybody considers NASCAR a cyclical sport.
This year's legislation for the nation's $300 billion farm industry takes important steps to help local farmers but much more remains to be done, a panel of experts agreed Tuesday.
Here are some of the companies whose shares were active in Wednesday trading:
On Oct. 23, veteran Kellogg executive David Mackay, 51, was tapped to succeed chairman Jim Jenness as CEO of the cereal giant. A native Australian, Mackay says it's in his nature to "push the bound...
Five companies, including a subsidiary of military contract giant Halliburton, billed the U.S. government a total of $62.1 million for administrative operations, which is more than twice the amount those companies spent directly on the projects in Iraq that they had been contracted for, according to a report released Monday by the Office of the Special Inspector General for Iraq Reconstruction.
CHANGING OF THE GUARD
Kellogg ranks no. 233 on this year's list of the FORTUNE 500, with $10,177.2 million in revenues, up 5.9% from the previous year. The Battle Creek, Mich.-based company was ranked no. 234 on the 2005 list. Its 2005 profits were $980.4 million, up 10.1% from a year earlier.
ConAgra Foods ranks no. 143 on this year's list of the FORTUNE 500, with $15,515.7 million in revenues, down 14.6% from the previous year. The Omaha, Neb.-based company was ranked no. 121 on the 2005 list. Its 2005 profits were $641.5 million, down 20.9% from a year earlier.
Sara Lee ranks no. 111 on this year's list of the FORTUNE 500, with $19,727 million in revenues, up .8% from the previous year. The Chicago-based company was ranked no. 114 on the 2005 list. Its 2005 profits were $719 million, down 43.5% from a year earlier.
When Wal-Mart sneezes, everybody catches a cold, and now some of America's biggest consumer products companies are at risk of getting sick as the world's largest retailer moves to cut back inventories this year.
NEW YORK (CNNMoney.com) - Aflac has the squawking duck. Geico, its animated gecko with a Cockney accent. And MetLife enlists comic strip legend Snoopy to help pitch its insurance products.
Iraq still has "massive problems" in monitoring its oil revenues, including no oil metering system to measure output and the failure to use competitive bidding for all contracts, an auditing board said after a meeting Wednesday.
A whistleblower's claims that reconstruction in Iraq has been rife with waste, fraud and abuse -- particularly in regard to a division of Halliburton -- will be turned over to the Justice Department, a U.S. senator said Friday.
British construction worker David Seale is good with his hands, but in his 20 years of toiling on municipal building sites, he always struggled with the clunky scaffolding he needed to do his job. ...
[HIT] Leggo my shelf space! Former Kellogg's CEO Carlos Gutierrez was a business legend by the time he left the company last year to join the Bush administration. That gave new CEO Jim Jenness a to...
He snubbed his nose at the West and wagged his finger at an Iraqi judge, but to a group of 20-something American men, Saddam Hussein has apparently opened up.
Several former New York Stock Exchange traders who oversaw stock auctions on the floor face indictment Tuesday on charges that they traded to benefit their firms at the expense of their customers, people familiar with the matter told The Wall Street Journal.
A senior Republican senator who avoids the headlines and tries to help President Bush as much as possible two weeks ago was discussing with me the problems of seeking Social Security reform.
Like the models themselves, the corporate sponsors for Lingerie Bowl 2005 -- the model-playing alternative to Super Bowl XXXIX -- have been revealed. But one company whose film will be advertised during the show is not so happy to be exposed.
In naming Kellogg CEO Carlos Gutierrez as the new Commerce Secretary Monday, President Bush picked a powerful business leader and a minority who made it to the top of corporate America without a college degree.
Now as we were young and easy under the swaying palms, about the great hotel as happy as the roughs were green ...
Law enforcement sources told CNN Thursday that the FBI has made a formal request to interview Bunnatine Greenhouse, the Army Corps of Engineers chief contracting officer who went public last weekend with allegations her agency unfairly awarded Kellogg, Brown and Root, a Halliburton subsidiary, no-bid contracts worth billions of dollars for work in Iraq.
Okay, you. I can't keep this inside any longer. You and I need to have a little talk about this situation. No, not the fact that your budget got rejected and you have to go back to the drawing boar...
Like ice cream and coffee before them, cornflakes and puffed oats are getting an upscale makeover. Cereality, a startup based in Boulder, Colo., is betting that consumer nostalgia for Cheerios and ...
General Mills announced plans Thursday to start using healthier whole grains in all of its ready-to-eat cereals, including children's cereals such as Trix, Cocoa Puffs and Lucky Charms.
When you ask business consultants and analysts for examples of CEOs who have shown a knack for recharging tired brands, a few names tend to come up: A.G. Lafley at Procter & Gamble. Jim Kilts at Gi...
How do you rejuvenate a business that desperately needs new life? We asked three experts: Carlos Gutierrez, who transformed stodgy old Kellogg in just a few years; LVMH's Bernard Arnault, who is wo...
It may be "America's Favorite Tuna," but StarKist Seafood's canned tuna was looking a little dull on the store shelf.
Family and friends of the American civilian contractor kidnapped in Iraq held a vigil Sunday in his Mississippi hometown.
The Securities and Exchange Commission said Tuesday that five New York Stock Exchange trading firms agreed to pay $242 million to settle charges of violating federal securities laws and exchange rules.
The five biggest trading firms on the New York Stock Exchange floor have agreed to pay $240 million in fines to settle pending charges that they improperly handled clients' trades and skimmed profits at the Big Board.
Halliburton subsidiary Kellogg, Brown and Root (KBR) will refund the U.S. government $27.4 million for potential over-billings at five dining halls in Iraq and Kuwait, according to a Pentagon statement.
The Pentagon is asking for additional bids to provide kerosene, gasoline and liquefied natural gas for Iraqi civilians in northern and southern parts of the country.
"I feel kind of blue," wrote the 24-year-old Will Keith Kellogg in his diary in 1884. "Am afraid that I will always be a poor man the way things look now." W.K.'s feelings were understandable in li...
At the end of the 1800s Battle Creek was a quiet Michigan town known, if at all, for its numerous expensive, alternative health spas. The spas, including the one run by J.H. Kellogg, were places wh...
Another year is come and gone and blah blah blah. Unlike our expectations, it did not conform to any. I don't know what you thought might happen, but I didn't foresee most of what did. As always, I...
Kids do the darnedest things! Like add unexpected zip to a sleepy product category. Take cereal. For years this has been a mature, slow-growth business dominated by old reliables and their derivati...
At a time when analysts' recommendations seem to reflect a company's attractiveness as an investment banking client more than its appropriateness as an investment, wouldn't it be great to have acce...
With its annual meeting coming up this October in Cincinnati, Procter & Gamble already has a lot to worry about. A new CEO is trying to revamp the company, retaining employees has been a major chal...
Say this for Durk Jager: He had the right mantra. Speed is what he preached during his brief 17 months as Procter & Gamble's CEO, and speed is what he needed but didn't get from the organization. H...
Cereal stocks have lost some of their crunch since last year. Kellogg plummeted 48% from its high and General Mills fell 31% from its peak before they both staged modest comebacks. These soggy retu...
There's nothing new in the notion of business school professors straddling the divide between the ivory tower and the marketplace. They've always taken consulting gigs and seats on corporate boards...
Forget the commercials that depict cherubic kids leisurely eating a bowl of corn pops. The cereal business isn't much fun these days. After decades of growth, sales have been flat for five years, a...
Here's a business-school case study for class discussion: What happens when all the MBA students ditch school to seek their fortunes on the Web?
Kellogg's new CEO, Carlos Gutierrez, took office with a pledge to boost profits of the Battle Creek, Mich., cereal company by at least 10% a year. Pie in the sky? Gutierrez could use some. For that...
Parents, teachers, and graduates of the class of 1999 from Wharton, Harvard, Kellogg, and (your B-school here):
When Yael Alkalay, 30, graduated from business school at Columbia University, she decided to launch her own candle and toiletries business. But rather than rely on the typical entrepreneur's assets...
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