Berkshire Hathaway has been hit by a $3.8bn writedown on its investment in Kraft Heinz, in an acknowledgment of the trouble Warren Buffett has had with his landmark 2015 consumer goods industry deal.

Warren Buffett's company reported less than half as much profit in the second quarter as it took a $3.76 billion writedown on ...

Berkshire Hathaway (BRK.A, BRK.B), the conglomerate run by legendary investor and soon-to-be-departing CEO Warren Buffett, on ...

Warren Buffett’s Berkshire Hathaway on Saturday reported operating earnings for the second quarter fell 3.77% from the same ...