KRTL BioTech

Kraft Heinz books more than $1 billion in charges, first-half profit slumps

Kraft Heinz books more than $1 billion in charges, first-half profit slumps

Kraft Heinz Co's net income halved in the first six months the year as the packaged food maker disclosed well over $1 billion in charges and writedowns in results delayed by an investigation into its procurement practices.