VENTURE CAPITAL POST

Kraft Heinz is cutting 2,500 jobs in the U.S. and Canada, including 700 of its workforce in Northfield, Illinois in order to cut expenses.

Ketchup maker H.J. Heinz Co, backed by Warren Buffett's Berkshire Hathaway Inc (BRKa.N) and Brazilian private equity firm 3G Capital, will combine with Kraft Foods Group Inc

Warren Buffett, at a news conference in Bengaluru in 2011, lavishly praised Berkshire Hathaway executive Ajit Jain for smoothly running much of the conglomerate's insurance businesses.

Procter & Gamble Co said it would sell its soap brands Camay and Zest to Unilever Plc for an undisclosed amount to focus on its faster-growing brands.

Warren Buffett's Berkshire Hathaway Inc (BRKa.N) on Friday said it was buying oil industry logistics provider Charter Brokerage from private equity firm Arsenal Capital Partners.

Warren Buffett's Berkshire Hathaway Inc (BRKa.N) conglomerate has sold a marketing and direct mail unit to a Wisconsin businessman, according to a statement on Tuesday.

Warren Buffet emerged as the winner on the bet he made on a Quicken Loans Inc contest that no individual would be able to correctly predict the winner of each game in the NCAA men's basketball tourney, Bloomberg reported.

Virginia, US-based furniture rental firm CORT Business Services bought Mountlake Terrace, Washington-based events planning firm AA Party Rentals for an undisclosed amount to expand its product offering.

Warren Buffet has sought to bolster investor confidence about how Berkshire Hathaway will perform after he leaves the company but the lack of a succession plan has concerned investors, Reuters reported.

Billionaire Warren Buffet is most likely going to fail in achieving his target for the first time since he took over Berkshire Hathaway in 1965, Bloomberg reported.

Berkshire Hathaway reaped the gains from some of its past deals it made during the 2008 financial crisis.

A Bloomberg report said Berkshire Hathaway Inc might be making more strategic acquisitions in the near future.

Google Inc would be joining the elite group of companies which stock had hit the USD1,000 price per share mark.

By providing capital during the 2008 crisis, Berkshire Hathaway now reaps the profits in terms of Goldman Sachs stock.

Tom Wilson, AllState CEO, had sought ways to expand its bottom line with the acquisition of Esurance and expansion of network.