Kraft Heinz Co. said it is cutting 2,500 jobs in North America, which accounts for about 5 percent of its global workforce, located in the U.S. and Canada.
For the fifth year, Forbes has valued the top brands in the world. Five CG brands made it onto the top 25 of "The Worlds Most Valuable Brands 2015" list.
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Dr Pepper Snapple Group, Inc. is investing in emerging sports drink BODYARMOR. The company's $20 million investment gives DPS an 11.7 percent ownership position in BA Sports Nutrition, LLC, owner of Kobe Bryant backed BODYARMOR SuperDrink.
