International Business

Kraft Foods has hit its sweet spot, according to Chairman and CEO Irene Rosenfeld, who earlier this week outlined the companys new strategies for its product portfolio and financial performance.

The executive succeeds Gene Kahn, who was the company's first Chief Sustainability Officer in 2003, and worked to make a significant impact in reducing the company's environmental footprint.

This acquisition will enhance GMCR's Canadian presence and is expected to strengthen its North American geographic expansion with a well-known Canadian brand platform.

The world's largest paint company will offer multiple paint brands, including Glidden, in Walmart U.S. stores starting in 2011.

Kimberly-Clark significantly outperformed on almost every indicator and was the only supplier selected for the achievement.

The investment is in addition to PepsiCo's investment over the past two years in two new manufacturing facilities, a new foods plant in Binh Duong and a new beverages plant in Can Tho.

ConAgra Foods named to profiles in Diversity Journal's 2010 International Innovation in Diversity awards for its employee resource networks.

Starting this week, Sara Lee's board has initiated a process to select a new chief executive officer, looking at both internal and external candidates.