News

Union Pacific and Norfolk seek 1st transcontinental railroad through a massive merger

Union Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad ...

Berkshire takes $3.8 billion Kraft Heinz write-down as quarterly profits decline

Berkshire said the 12 per cent quarterly decline in insurance underwriting profit stemmed primarily from reinsurance ...

Could this be Warren Buffett’s last big investment?

Berkshire Hathaway has the cash for Warren Buffett to do one last big deal. And Stephen Wright sees a target that he thinks ...

Profits drop at Warren Buffett's Berkshire Hathaway as it writes down its Kraft Heinz investment

Warren Buffett's company reported less than half as much profit in the second quarter as it took a $3.76 billion writedown on ...

Berkshire takes $3.8 billion Kraft Heinz write-down, operating profit falls

Warren Buffett's Berkshire Hathaway said on Saturday it took a $3.76 billion write-down on its stake in Kraft Heinz during ...