Jobs

Smucker to buy Twinkies maker Hostess for $5.6B

J.M. Smucker will buy Hostess Brands in a deal valued at $5.6 billion. Smucker said the acquisition is expected to close in the third quarter of its current fiscal year.

KPMG cutting 5% of its US workforce

KPMG will reportedly shed around 5% of its U.S. employees amid economic headwinds and historically low attrition, a spokesperson for the Big Four accounting giant said on Monday.