Kraft Heinz is officially headed for Splitsville.
Plus, AI data centers are already haunting the U.S. electric grid,
even if they don't exist yet or never will.
There's a huge amount of demand, but there are utilities saying maybe 20 percent of this is real.
And is the NFL's viewership being undercounted?
It's Tuesday, September 2nd.
I'm Alex Oselev for The Wall Street Journal.
This is the p.m. edition of What's News,
the top headlines and business stories that move the world today.
After more than a decade together, Kraft Heinz is splitting up.
The food giant said it plans to separate its business into two companies,
unwinding an industry mega-merger that married two packaged food behemoths.
I'm joined now by WSJ reporter Jesse Newman.
So, Jesse, we reported in July that this was coming, and now it has been formally announced.
What are the details of this breakup?
That's right.
The divorce is here.
So the details are Kraft Heinz, which is this huge food giant that was formed in 2015,
a decade ago, is now splitting into two companies.
There will be one globally focused company.