The company’s board of directors recently approved a plan to break the company into three independent businesses.

 Abbott Nutrition initiated a voluntary recall of certain powdered infant formulas potentially contaminated with Cronobacter.

The chain sees opportunity to lure more customers in the afternoon daypart.

The QSR chain spends $27 million to continue paying employees and maintaining its business in Russia and Ukraine.

Net income drops 28% amid commodity, labor inflation in first quarter.

Increasing e-commerce sales are causing price increases for paper packaging.

Startup expects the technique to bring down costs.

Partnerships will allow entry into more venue categories.

The company said the switch was to focus on ‘embracing personal connections.’