Press Digest: New York Times business news - February 12

Kraft Heinz Co

12/02/2026 08:33

Feb 12 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

- Just a few months ago, food giant Kraft Heinz KHC.O had a plan to lift sales. It would split into two separate companies, but on Wednesday, executives at Kraft Heinz unveiled a new plan to boost sales and the company would remain a single entity for now.

- Profits were up at McDonald's MCD.N as the fast-food giant focused on price-conscious customers, but said it would cut back on financial support for franchisees.

- The Food and Drug Administration on Wednesday backtracked on its refusal to review Moderna's MRNA.O mRNA flu vaccine, while making an unusual public defence of its decisions on drug approvals.

- India Prime Minister Narendra Modi won a big reduction of sky-high tariffs, but critics say he undermined Indian sovereignty and undercut the nation's farmers.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))