This write-down reveals Berkshire Hathaway’s admission that its initial investment into the food conglomerate was overvalued and is now correcting course.

Arguably one of the most beloved retired flavors, Purplesaurus Rex was a creative mix of grape and lemonade. The quirky name and tart-yet-sweet profile made it a fan favorite in the 1980s and 1990s.

Warren Buffett’s Berkshire Hathaway said on Saturday it took a $3.76 billion writedown on its stake in Kraft Heinz during the ...

Berkshire Hathaway records a $3.8 billion write-down on its Kraft Heinz investment, while reporting a decline in operating ...

US President Donald Trump’s latest move to impose tariffs on almost 70 trading partners has sent shockwaves acr ...

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

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions ...

Berkshire’s latest earnings are in. The conglomerate is issuing a stark warning: Trump’s tariffs could hit your bottom line.

Warren Buffett's company reported less than half as much profit in the second quarter as it took a $3.76-billion writedown on the value of its stake in Kraft Heinz, as that iconic food producer ...

The 94-year-old billionaire investor doesn’t often get it wrong, but his bet on an iconic company has weighed heavily on his ...

WARREN Buffett’s Berkshire Hathaway took a US$3.8 billion impairment on its Kraft Heinz stake, the latest hit to a bet that’s ...