Business News [UP]

Kraft Heinz announced Thursday it is selling its Planters nuts business to Hormel Foods Corp. for $3.35 billion in cash....Read More

Twitter CFO Ned Segal said Wednesday that former President Donald Trump’s ban from the service is permanent and would remain in place even if he runs for another term as president in 2024....Read More

Facebook said Wednesday that it will begin testing a change that limits the amount of political content users see in their news feeds, first starting with users in international markets....Read More

Mortgage applications in the United States have declined in recent weeks as interests rates have risen, according to an industry report Wednesday....Read More

President Joe Biden and Treasury Secretary Janet Yellen met Tuesday with some of the country’s leading chief executives to talk about his coronavirus stimulus plan currently being considered by Congress....Read More

General Motors said Tuesday that three of its automotive plants in North America will remain closed until at least March due to a worldwide shortage of semiconductor chips....Read More

Ratings for the Super Bowl on Sunday, between the Tampa Bay Buccaneers and Kansas City Chiefs, were the lowest for any NFL title game in more than a decade....Read More

Drugmaker Eli Lilly said Tuesday it has replaced its chief financial officer after an investigation found that he’d had inappropriate communications with company employees....Read More

Facebook announced Monday that the company would take action against users and groups on Facebook and Instagram that spread misinformation about the COVID-19 vaccine or vaccines in general....Read More

The Dow Jones Industrial Average gained 237 points while all three major U.S. indexes rose to records Monday as investors reacted to optimism surrounding President Joe Biden’s $1.9 trillion COVID-19 relief package....Read More