Kellogg

Kellogg Co. will split into three companies, with snack headquarters in Chicago

Kellogg Co. will split into three companies, with snack headquarters in Chicago

Kellogg Company announced plans to split up Tuesday, saying it will spin itself off into three separate companies focused on cereal, plant-based foods and snacks. The snacks company will be headquartered in Chicago, the company said in a news release, with campuses in both the city and Battle Creek, Michigan. The news comes a week …

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Stocks Jump; Tesla Cuts Jobs, Kellogg Pops On Breakup

Stocks Jump; Tesla Cuts Jobs, Kellogg Pops On Breakup

Dow Jones rose strongly in morning trade, along with the S&P 500 and Nasdaq composite, signaling a market rebound after the major indexes tumbled last week to their worst levels since late 2020. Treasury yields and crude oil futures rose, while Bitcoin rebounded from a sharp weekend plunge. X Tesla (TSLA), Li Auto (LI), homebuilder …

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