Kraft Food Inc. Chief Executive Officer Irene Rosenfeld said Wednesday that Kraft would continue to pursue Cadbury PLC, the British confectionery. We are now ready to look ahead and take the next step.

NORTHFIELD, Ill., Oct. 29 /PRNewswire-FirstCall/ -- Kraft Foods Inc. today reported third-quarter 2008 results that reflected continued improvement in business fundamentals as the company executes its three-year turnaround plan.

Kraft Foods Inc. (NYSE:KFT) announced today that Michael Osanloo will join the company as Executive Vice President, Strategy in mid-April.

Oh, the lunchtime dilemma. That turkey-on-whole-wheat sandwich you brown-bagged from home is properly frugal but so boring. That takeout panini with rosemary chicken, sun-dried tomato, and aioli, on the other hand, is tasty but sure takes a bite out of the paycheck.

Kraft Foods Inc. (NYSE: KFT), a global leader in branded foods and beverages, announced today that it has completed its acquisition of Groupe Danone's (NYSE: GDNNY) global biscuit business.