Warren Buffett promotes some top exec at Berkshire Hathaway, and Microsoft says patches to the Meltdown attack significantly slow down some computers.
Plus what does a judge's decision on DACA mean for the future of Dreamers. We also dive into Steve Bannon's departure from Breitbart and what a potential Oprah run might mean for the black community.
And what really happened to the Zuma satellite? We take a look at the possibilities and check out some cool new photos of Jupiter's surface.
Plus, in our latest episode of Your Cheddar, we take a look at how to keep your New Year's resolutions.
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.
