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The boosted stake was revealed in a report that also showed Berkshire raising its bet on US Bancorp and cutting its ownership of Charter.
Warren Buffett-backed Kraft Heinz and Papa John’s are bracing for higher cheese prices. Donald Trump might make things worse.
The pair already expect to pay more for the crucial ingredient. Trump's threatened tariffs on European cheeses could drive prices higher still.
Buffett warned reporters in May that "there's something going on" with Kraft's finances. Berkshire Hathaway owns a 27% stake.
The conglomerate's bank balance surged as it sold more stock than it bought, cut share buybacks, and failed to find a fair-priced acquisition.
Many of the most successful people in politics and business read insatiably — think Warren Buffett, Bill Gates, and even Donald Trump.
The crypto whiz kid who paid $4.6 million to have lunch with Warren Buffett and invited Donald Trump along might cancel it permanently
Tron and BitTorrent CEO Justin Sun has been told not to attend the lunch by the Chinese government, a CNBC Africa host claims.
The crypto whiz kid who bailed on a $4.6 million lunch with Warren Buffett is being accused of stiffing BitTorrent’s founder
Tron CEO Justin Sun, who seems to be in trouble with the Chinese government, partied with influencers and faced fresh allegations on Thursday.
Warren Buffett’s lunch with crypto whiz kid Justin Sun has sparked conspiracies, public apologies, and arrests in China
"It has produced a lot of consequences that I completely did not expect."
5 things to know about Justin Sun, the crypto whiz kid who postponed a $4.6 million lunch with Warren Buffett
The Tron and BitTorrent boss models himself on Alibaba founder Jack Ma, has an Ivy League master's degree, and made Forbes' 30 Under 30' list.
A crypto whizkid postponed his $4.6 million lunch with Warren Buffett, fueling reports that he’s trapped in China
Justin Sun, founder of the Tron cryptocurrency and chief executive of BitTorrent, blamed a bout of kidney stones for rescheduling.