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Kraft Heinz on Wednesday said it is pausing work on its previously announced plans to split the company.
CEO Steve Cahillane, who joined Kraft Heinz in January, said in a statement that many of the company's issues are "fixable and within our control."
"My number one priority is returning the business to profitable growth, which will require ensuring all resources are fully focused on the execution of our operating plan," he said. "As a result, we believe it is prudent to pause work related to the separation and we will no longer incur related dis-synergies this year."
Kraft Heinz also plans to invest $600 million to fuel a turnaround of its U.S. business. The company plans to spend the money on its marketing, sales, and research and development. The investment will also go toward "product superiority and select pricing," according to Cahillane...
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The Food and Drug Administration has announced the Class II recall of tater tots made by McCain Foods.
Two brands are part of the recall: Ore-Ida and Sonic. The tater tots were not for typical consumer purchase, but were instead packaged for food service customers.
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The FDA said that 21,557 cases, each holding 30 pounds of Ore-Ida Tater Tots, were recalled. The cases held six 5lb. clear bags. The UPC on the case was 1 00 72714 00215 8 with the following batch codes: 1005475084, 1005476076, 1005477012 and 1005498350, along with best if used by dates of E 20271006, E 20271007, E 20271008 or E 20271103
As for the Sonic-branded tater tots, 67 cases, each holding 30 pounds, were recalled.
The cases also held six 5lb. clear bags. The UPC was 0 00 72714 00543 5. They had batch code 1005486334.
The tater tots were recalled because they may have small, hard plastic fragments in them, the FDA said.
They were distributed in Alaska, Alabama, Arkansas, Arizona, California, Colorado, Florida, Georgia, Hawaii, Idaho, Kansas, Kentucky, Louisiana, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Mexico, Nevada, Oklahoma, Ohio, Oregon, Pennsylvania, Texas, Utah, Washington and Wisconsin.
The recall was initiated on Jan. 12 but was classified on Feb. 10.
A Class II recall is “a situation in which use of, or exposure to, a violative product may cause temporary or medically reversible adverse health consequences or where the probability of serious adverse health consequences is remote,” according to the FDA.

A North Palm Beach restaurant has stopped serving iguana pizza after complaints were filed with the Health Department, following a viral video that showed the unusual topping being added to pies during a recent Florida cold snap, as reported by The New York Post.
Bucks Coal Fired Pizza drew attention earlier this month when it posted a video showing pieces of iguana meat being tossed onto pizza dough before going into the oven.
The video racked up tens of thousands of likes online as temperatures across the state dropped, causing invasive green iguanas to become immobilized and fall from trees...