Write-down at Kraft Heinz is expected to hit Berkshire Hathaway’s earnings, to be released Saturday, representing a rare black eye for Warren Buffett
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Kraft Heinz plunges; Berkshire Hathaway earnings; Economy worriesToday’s top business headlines with ChristineRomans: - High level trade talks continue in Washington - Kraft-Heinz reveals SEC investigation - US existing home sales hit three-year low - Tesla Model 3 loses Consumer Reports recommendation
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Warren Buffett’s Berkshire Hathaway stock falls as big bet on Kraft Heinz soursWarren Buffett’s buy-and-hold strategy doesn’t always work out, as his Berkshire Hathaway is taking a bath on its big investment in Kraft Heinz Inc., after the packaged food company reported disappointing results, slashed its dividend and disclosed an SEC investigation.
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Kraft Heinz shares tank after write down of two iconic brands, slashed dividend and SEC subpoenaKraft Heinz shares cratered yesterday after the company disclosed it has received a subpoena from the SEC. Warren Buffett’s Berkshire Hathaway lost more than $4 billion in a single day on the plunge. So, what went wrong with Kraft Heinz?
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Wall St. opens slightly higher, Kraft Heinz weighs on consumer staplesU.S. stocks opened slightly higher on Friday on hopes of a trade deal between th...
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