Pictured here is Louis Vuitton’s new cruise ship-shaped store in Shanghai, China, on June 28, 2025. Bloomberg | Bloomberg | Getty Images BEIJING — China’s economic slowdown isn’t discouraging U.S. and European brands from revamping their strategies to reach Chinese shoppers. Instead, the allure of the world’s second-largest consumer market is forcing companies to adapt…
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC (This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett. You can sign up here to receive it every Friday in your inbox.) UnitedHealth Group shares have soared almost 30% since Berkshire Hathaway’s…
Wall Street shared Buffett’s disappointment. Kraft Heinz shares fell as much as 7.6% on Tuesday after the announcement early that morning, but made back some of that loss, finishing down just 2.4% for the holiday-shortened week. Zoom In IconArrows pointing outwards Will Buffett’s unhappiness prompt Berkshire to sell some or all of its stake? He didn’t rule…
U.S. President Donald Trump at an event to announce that Space Force Command will move from Colorado to Alabama, in the Oval Office at the White House in Washington, D.C., U.S., on Sept. 2, 2025. Brian Snyder | Reuters Labor Day in the U.S., which took place Monday, marks the unofficial end of summer —…
Warren Buffett told CNBC on Tuesday that he is disappointed in the Kraft Heinz split that unwinds much of the blockbuster merger he masterminded a decade ago. With a 27.5% stake in the company, Berkshire Hathaway is Kraft Heinz’s largest shareholder. The firm has not touched its shares since the 2015 merger that formed the…
Kraft mac & cheese and Heinz ketchup. Natalie Rice | CNBC Kraft Heinz will split into two companies, reversing much of the blockbuster $46 billion merger from a decade ago that created one of the biggest food companies in the world. “Kraft Heinz’s brands are iconic and beloved, but the complexity of our current structure…
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Berkshire Hathaway shares dipped after Warren Buffett’s conglomerate reported a small decline in operating earnings, while continuing a stock-selling spree and a buyback halt. The Omaha-based giant saw operating earnings including those from its insurance and railroad businesses…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update: Stocks are slightly weaker, with the S & P 500 on track for its first negative session since July 18. Earnings could be the…
CNBC’s Jim Cramer on Monday said deal-making in the corporate world is starting to heat up, telling investors to expect more action in the coming months. “You don’t get a wave of deals out of nowhere. You get a ripple, and then ever bigger waves,” he said. “Right now, we’re in the ripple stage. That’s…
