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Monthly Archives: March 2019

Kraft Heinz lawsuit targets 3G stock transfer, writedown, SEC probe

Tiffany Hagler-Geard | Bloomberg | Getty Images Bottles of Heinz Kraft Co. Heinz brand Tomato Ketchup and Yellow Mustard are arranged for a photograph in Dobbs Ferry, New York, on Wednesday, Feb. 20, 2019. Kraft Heinz faces a new lawsuit questioning why controlling shareholder 3G Capital transferred $1.23 billion of …

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Southwest Airlines sues mechanics’ union over grounded planes

Robert Alexander | Archive Photos | Getty Images A Southwest Airlines Boeing 737 passenger jet takes off from San Antonio International Airport in Texas. Southwest Airlines on Thursday alleged in a lawsuit that its mechanics’ union is encouraging the workers to purposefully write up minor maintenance issues in order keep …

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February Caixin manufacturing Purchasing Managers Index

VCG | Visual China Group | Getty Images A worker checks water meters at a water meter plant on November 30, 2018 in Lianyungang, Jiangsu Province of China. A private survey on China’s manufacturing sector showed Friday that factory activity shrank for a third straight month in February. The Caixin/Markit …

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