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Berkshire Hathaway Inc

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  • March 25- Kraft Foods Group Inc, the maker of Velveeta cheese and Oscar Mayer meats, will merge with ketchup maker H.J. Heinz Co, owned by 3 G Capital and Berkshire Hathaway Inc, to form the world's fifth-largest food and beverage company. The combined company will have eight brands worth more than $1 billion each and five worth $500 million- $1 billion each, the...

  • HJ Heinz buys Kraft to build $28 billion food giant Wednesday, 25 Mar 2015 | 6:14 AM ET

    The combination of the two companies— each more than a century old— was engineered by Warren Buffett's Berkshire Hathaway and Brazilian investment firm 3 G Capital, which teamed up just two years ago to buy Heinz. Still, the early plans outlined by Kraft and Heinz executives in a conference call Wednesday focused largely on the savings that would be achieved...

  • Kraft Foods to merge with ketchup maker Heinz Wednesday, 25 Mar 2015 | 6:09 AM ET

    March 25- Kraft Foods Group Inc said it would merge with ketchup maker H.J. Heinz Co, owned by 3 G Capital and Warren Buffett's Berkshire Hathaway Inc, to form the third-largest food and beverage company in North America. Kraft shareholders will receive stock in the combined company and a special cash dividend of $16.50 per share, which will be funded by Berkshire...

  • US market indexes slump, extending declines to a 3rd day Wednesday, 25 Mar 2015 | 12:44 AM ET

    The selling gathered strength in the afternoon, with companies like Avago Technologies and Skyworks Solutions losing the most. Peter Cardillo, chief market economist at Avalon Partners, a New York brokerage, said the market's fall was driven by big investors selling some of their winnings before the first quarter closes next week. Jack Ablin, chief investment...

  • March 24- Kraft Foods Group Inc, maker of Velveeta cheese and Oscar Mayer meats, is in talks to be acquired by Brazilian private equity firm 3 G Capital, a source familiar with the matter told Reuters on Tuesday. 3 G teamed up with Warren Buffett's Berkshire Hathaway Inc to acquire Ketchup maker H.J. The Wall Street Journal first reported on the possible deal and said...

  • 3G Capital in talks to buy Kraft Foods Group: DJ Tuesday, 24 Mar 2015 | 7:05 PM ET

    The Brazilian firm has some $5 billion burning a hole in its pocket and has been searching for acquisition deals, according to the Journal.

  • "The agency expects the new policy will allow companies and individuals who want to use UAS within these limitations to start flying much more quickly than before," the FAA said in a release. An FAA official told Reuters it would eventually benefit companies still seeking aircraft approval including Yamaha Motor Co Ltd, AeroVironment Inc and General Atomics.

  • NEW YORK, March 23- Volunteers at the Galena, Illinois, fire department were hosing down the smoldering wreck of a derailed BNSF oil train on the east bank of the Mississippi River on March 5 when a fire suddenly flared beyond their control. "They dropped the hoses and got out" when the flames started rising, said Charles Pedersen, emergency manager for Jo Daviess...

  • How Michael Lewis invests in the market Monday, 23 Mar 2015 | 3:46 PM ET
    Michael Lewis, author of Flash Boys.

    Michael Lewis, whose book "Flash Boys" stirred up controversy on Wall Street, said Monday that when it comes to investing he is really "boring."

  • Commercial drone flights are generally banned in the United States, except in a small number of cases where the FAA has granted an exemption. The FAA could announce the change next week, ahead of a congressional hearing on drones scheduled for Tuesday, these people added. The FAA had no immediate comment.

  • Which does Buffett love more: Coal or solar? Thursday, 19 Mar 2015 | 9:00 AM ET
    Warren Buffett

    Warren Buffett receives good press for renewable-energy investments, but is he really a climate change ally? It's complicated.

  • Fast food diners have the best experience here... Wednesday, 18 Mar 2015 | 2:48 PM ET

    Overall fast food experience satisfaction is high, but there is some cause for concern for fast food giants.

  • Dream of Buffett's billions? Stay here for a night Tuesday, 17 Mar 2015 | 1:58 PM ET
    Airbnb Warren Buffett childhood home

    A lucky Berkshire Hathaway shareholder can spend a free weekend in Warren Buffett's childhood home, thanks to an Airbnb contest.

  • OMAHA, Neb.— Some fortunate Berkshire Hathaway investors at this year's annual meeting will get the chance to sleep in the same bedroom Warren Buffett did as a boy. The home-sharing service Airbnb is offering a free three-night stay at the Omaha home around the May 2 meeting as a way to promote its services. Buffett's family started living in the home at 2501 N. 53rd...

  • P&G mulls sale, IPO of some beauty brands: Report Monday, 16 Mar 2015 | 6:23 PM ET
    Procter & Gamble Co.'s Pantene shampoo and conditioner sits on the shelf at a supermarket in New York.

    Procter & Gamble is exploring a sale or initial public offering of some of its beauty brands in a single deal, Bloomberg reported.

  • March 16- Procter& Gamble Co is exploring a sale or initial public offering of some of its beauty brands in a single deal, Bloomberg reported, citing people with knowledge of the matter. The maker of Pantene shampoo and Olay skin care is working on the plan with its advisers, but has not finalized details, including which products will be sold, Bloomberg said.

  • 2 companies you should have bet on Monday, 16 Mar 2015 | 10:27 AM ET
    Bull sculpture market

    Two stocks have turned a $10,000 investment into $1 million in six years, reports USA Today.

  • LOS ANGELES, March 13- Chinese automaker BYD Co Ltd, backed by Warren Buffett's Berkshire Hathaway Inc, aims to triple its production of batteries as it takes on Tesla Motors in the race to supply electric vehicles and boost energy storage. That means BYD could ramp up from 10 GWh capacity at the end of this year to about 34 GWh of batteries by the beginning of 2020....

  • A business in the heartland that's outpacing GDP Friday, 13 Mar 2015 | 12:29 PM ET
    A truck loaded with cargo sets out from Kansas City, Mo.

    With nearly 25 million containers moving via "intermodal" transport each year, it's the fastest-growing part of the freight business.

  • The Voya Corporate Leaders Trust Fund, now run by a unit of Voya Financial Inc bought equal amounts of stock in 30 major U.S. corporations in 1935 and hasn't picked a new stock since. Some of its holdings are unchanged, including DuPont, General Electric, Procter& Gamble and Union Pacific. Others were spun off from or acquired from original components, including...