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Berkshire CEO Abel praises Kraft Heinz for turnaround on planned split

Sagar3 months ago06 mins

(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Berkshire Hathaway’s new CEO likes the surprise course reversal announced this week by the new CEO of Kraft Heinz. In the food company’s Q4 earnings…

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  • Business

Here are 3 major moments that drove the stock market last week

Sagar3 months ago04 mins

A massive market snapback on Friday couldn’t erase all of the week’s damage. After several days of selling, the tech sector roared back, with the Nasdaq gaining over 2% on Friday. Chipmakers Nvidia and Broadcom led the way, with gains of 7.8% and 7.2%, respectively. The broad-based S & P 500 rose nearly 2% in…

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  • Kevin Warsh wins Senate confirmation as the next Federal Reserve chair
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