The Latest Breaking News from Nestle

Cuban-American artist JoAnna García Swisher is accustomed to portraying charming women from the American South, but always with a sense of belonging to her Latina roots, so don't be surprised if her character Maddie Townsend appears with a Cuban coffee in hand in the sixth season of Sweet Magnolias, her…

The tepid progress for the economy recently could prompt the Office for Budget Responsibility to downgrade its economic assessment.

The boss of the consumer goods giant said the firm needed to ‘change faster’ and secure its future ‘as a leader in our industry’.

An influential consumer rights association on Wednesday urged a court to ban the sale of Perrier bottled water in France, saying the brand's claim that its product is "natural" was misleading.

Laurent Freixe was allegedly sacked in a dramatic confrontation with other executives

Also: All the news and watercooler chat from Fortune.

Laurent Freixe was accused of improper favoritism months before he was fired

Nestle's sudden sacking of its chief executive over an office relationship gives the Swiss food giant a chance to reset and return to its strengths, industry analysts said Tuesday.

Nestle CEO Laurent Freixe was immediately fired after his 'inappropriate relationship' with a direct employee was discovered. Philipp Navratil replaced him as the Swiss food giant's new leader. But, who is he?