OMAHA, Neb. (AP) – Warren Buffett’s successor appears to be considering his first significant move after taking over as CEO this month. Kraft Heinz warned investors Tuesday that Berkshire Hathaway may be interested in selling its 325 million shares in the name brand food giant that Buffett helped create back in 2015. The news came in a filing with stock market regulators.
LONDON (AP) – Inflation in the United Kingdom rose in December for the first time in five months, pushing further above the Bank of England’s target, according to official figures released on Wednesday. The Office for National Statistics said the consumer prices index rose by an annual rate of 3.4% in December, up from 3.2% the month before.
Nathan’s Famous, which opened as a 5-cent hot dog stand in Coney Island more than a century ago, has been sold to packaged meat giant Smithfield Foods in a $450 million all-cash deal, the companies announced Wednesday.
Jan. 19 – The Washington Post says Congress has dropped the ball regarding oversight of ICE, DHS. Geraldo Lunas Campos died at a Texas detention center on Jan. 3 while pleading for air as guards choked him, according to a fellow detainee. The local medical examiner’s office is considering classifying his death as a homicide, The Post reports.
ZÁRATE, Argentina (AP) – The vast field of over 5,800 electric and hybrid vehicles gleamed on the cargo deck of the BYD Changzhou, an Chinese container vessel unloading Wednesday at a river port in eastern Argentina.
DAVOS, Switzerland (AP) – Investors appeared to have gotten through to President Donald Trump about the risk posed by his designs for Greenland with a message he wasn’t hearing from European leaders: Threatening allies with tariffs and land seizure isn’t exactly the type of policy that generates confidence in the global economy.
President Donald Trump ‘s plans for bringing homeownership within reach of more Americans involve pushing for lower interest rates on home loans and credit cards, and banning large institutional investors from buying single-family homes.
At Taste of East African in Minneapolis, the manager and owner are the only employees who come to work now, serving new customers who aren’t familiar with the food but are trying to support a restaurant challenged by a federal immigration enforcement surge.
Netflix is now offering to buy Warner Bros. Discovery’s studio and streaming business in all cash – in an effort to win over the Hollywood giant’s shareholders for its $72 billion merger and potentially thwart a hostile bid from Skydance-owned Paramount. Back in December, Netflix struck a cash and stock deal with Warner valued at $27.75 per share.
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