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Friday, March 1, 2019

Kraft Heinz lawsuit targets 3G stock transfer, writedown, SEC probe

Kraft Heinz Co faces a new lawsuit questioning why controlling shareholder 3G Capital transferred $1.23 billion of stock six months before the processed foods company stunned investors with a huge writedown and other bad news.


from Reuters: Business News https://ift.tt/2NxvGeq

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf