Cosmopolitan Editor-in-Chief: "We Are Never Going Back"
On Monday, Cheddar's Closing Bell focuses a special hour on the #metoo movement in partnership with Cosmopolitan. During this hour, we discussed the flood of sexual harassment and misconduct allegations against men in power, the shift happening for women in the workplace, and how to continue the conversation forward in 2018.
Cheddar Anchor Kristen Scholer, Cosmopolitan Editor-in-Chief Michele Promaulayko, and Cosmopolitan Director of Editorial and Business Development Laura Brounstein take a look back at the hour focused on this movement.
"We are never going back, said Promaulayko. "This conversation is so vital." Inside the January issue the magazine tackles sexism in the workplace, and advice for women.
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers.
