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High car prices and interest rates slow new car sales, while tariffs impact the auto industry
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Kraft Heinz has named veteran Chicago-based executive Steve Cahillane as CEO beginning Jan. 1, taking the reins of the packaged food giant as it prepares to split into two companies.
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Brent crude falls to lowest level in almost five years
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Steve Cahillane previously led Kellogg through its own breakup two years ago.
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New data shows that those higher costs to businesses led more entrepreneurs to close up shop or seek protection from creditors than last year.
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After years of big bets on EVs, the automaker is putting more money into gas-powered vehicles, hybrids and extended-range models.
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