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Tag: Berkshire Hathaway

Kraft Heinz-owned Lunchables products are displayed for sale in a grocery store in Encinitas, California, U.S., November, 12, 2024. REUTERS/Mike Blake/File Photo

Kraft Heinz splits, unwinding merger that never paid off

Kraft Heinz will split into two listed companies, dismantling a packaged goods giant that never achieved the growth expected when it was formed a decade ago.

Read More Kraft Heinz splits, unwinding merger that never paid off
A Norfolk Southern train rests near the University of North Carolina's energy generation plant, after delivering coal to the facility, in Chapel Hill, North Carolina, U.S. August 11, 2022. REUTERS/Jonathan Drake/File Photo

Union Pacific to reshape US freight rail with $85 billion deal for Norfolk

Union Pacific said it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S. coast-to-coast freight rail operator.

Read More Union Pacific to reshape US freight rail with $85 billion deal for Norfolk
Apple logo is seen in this illustration taken, August 22, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Apple approaches $4 trillion valuation as investors bet on AI momentum

Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements.

Read More Apple approaches $4 trillion valuation as investors bet on AI momentum
NEW YORK, NEW YORK - SEPTEMBER 08: Elon Musk attends the Men's Singles Final match between Taylor Fritz of the United States and Jannik Sinner of Italy on Day Fourteen of the 2024 US Open at USTA Billie Jean King National Tennis Center on September 08, 2024 in the Flushing neighborhood of the Queens borough of New York City. (Photo by Sarah Stier/Getty Images)

Report: Elon Musk Set To Be First Trillionaire By 2027

Elon Musk is on pace to become the world’s first-ever trillionaire by 2027, according to a new report. 

Read More Report: Elon Musk Set To Be First Trillionaire By 2027
WASHINGTON - OCTOBER 05: (AFP-OUT) Warren Buffett, Chairman & CEO of Berkshire Hathaway, listens to U.S. President Barack Obama address the 2010 Fortune Most Powerful Women Summit, on October 5, 2010 in Washington, D.C. Obama honored accomplished women from around the world. (Photo by Leslie E. Kossoff-Pool/Getty Images)

Warren Buffett Firm Berkshire Hathaway Sells Nearly $1B In Bank Of America Shares

Billionaire investor Warren Buffett’s conglomerate Berkshire Hathaway has sold nearly $1 billion worth of shares in Bank of America in the past week.

Read More Warren Buffett Firm Berkshire Hathaway Sells Nearly $1B In Bank Of America Shares
Berkshire Hathaway Inc Vice Chairman Charles Munger speaks at the Daily Journal annual meeting in Los Angeles, U.S., February 15, 2017. REUTERS/Lucy Nicholson/File Photo

Warren Buffett offloads Bank of America shares worth $982 million in latest sale

Billionaire Warren Buffett’s Berkshire Hathaway has sold some more shares of Bank of America over the past few days, raking in $981.9 million.

Read More Warren Buffett offloads Bank of America shares worth $982 million in latest sale

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