Michelle Chapman and Dee-Ann Durbin | AP

Latest from Michelle Chapman and Dee-Ann Durbin | AP

Ferrero, parent of Chicago-based Ferrara Candy Co., said it’s buying the manufacturing, marketing and distribution of WK Kellogg Co.’s portfolio of breakfast cereals in the U.S., Canada and the Caribbean.
The deal could significantly broaden Mars’ snacking portfolio and help it expand globally.
Red Lobster dijo que utilizará el proceso de bancarrota para simplificar sus operaciones, cerrar restaurantes y buscar su venta.
Red Lobster said it will use the bankruptcy proceedings to simplify its operations, close restaurants and pursue a sale.