With the contract between the United Auto Workers union and the three major carmakers in the U.S. set to expire just shy of midnight, there is a lot at stake, including an already fragile economy. Cheddar News senior reporter Michelle Castillo talked about what the union is seeking in its new agreement and whether or not the big three automakers are willing to concede or meet somewhere in the middle.

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Kraft Heinz undoes blockbuster merger after a decade of falling sales
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.
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