Inside these posts: Unite

Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.

 

Kraft’s Rosenfeld a no-show in Cadbury probe

Creme Eggs move down the line at the Bournville production plant. (Christopher Furlong/Getty)

Executives from Kraft Foods Inc. appeared at a parliamentary hearing Tuesday over the company’s 11.9 billion-pound acquisition of confectioner Cadbury a year ago, but the absence of Chief Executive Irene Rosenfeld drew criticism from lawmakers.

U.K. lawmakers on the Business, Innovation & Skills committee are discussing with Kraft — maker of Oreo cookies, Philadelphia cream cheese and Maxwell House coffee — the commitments it made a year ago following the takeover, as well as seeking reassurances on jobs and investment into research.

Last April, lawmakers said in a report that Northfield-based Kraft acted “irresponsibly” and “unwisely” during its acquisition of Cadbury and damaged its reputation in the U.K. Get the full story »

Strike vote threatens to close British airports

Ground staff at British airport operator BAA have voted to strike in a dispute over pay, the union Unite said, a move which could shut many of the country’s busiest airports.

Unite said Thursday that its members at BAA, owned by Spanish group Ferrovial, had voted 3-1 to walk out. Get the full story »