Did your in-laws give you a gift card for the holidays that you won't ever use? Have no fear, there are plenty of easy ways to make the most of those misfit gifts.
Justin Cupler, Savings Expert at The Penny Hoarder, shares his top tips for unwanted gift cards. To start, he says they're easy to re-gift. If you've got birthdays coming or need to send a thank you, gift cards are an easy solution.
If you're not in the gifting mood, Cupler says there are always online gift card exchanges that you can use. Sites like Cardpool let people trade in gift cards for cash. The more popular the gift card is, the more cash you will get. However, it's important to note that you likely won't get the full value of the gift card back in dollar bills.
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.
