Berkshire Hathaway reported a $3.76 billion write-down for its shares in Kraft Heinz during its second quarter. This write-down reveals Berkshire Hathaway’s admission that its initial investment into the food conglomerate was overvalued and is now correcting course. Berkshire Hathaway holds over 27% of all Kraft Heinz shares. As a result, Berkshire Hathaway reported a […]

Police on Sunday continued their search for the former soldier suspected of fatally shooting four people at a Montana bar late last week. Michael Paul Brown, 45, fled from The Owl Bar in Anaconda, Montana, after allegedly committing the shooting using a rifle believed to be his personal weapon, according to authorities. Montana Attorney General […]

Sen. Mike Lee (R-UT) said on Saturday he is drafting a resolution to confirm President Donald Trump’s nominees as the confirmation process has stalled during the August recess. Senate Minority Leader Chuck Schumer (D-NY) poked fun at the president for refusing to let the White House release funding in exchange for continuing the confirmation of […]

(The Center Square) – The U.S. Department of Energy has canceled $4.9 billion in federal loans for the Grain Belt Express, a proposed multistate transmission line that faced pushback from Illinois landowners over concerns about property rights and eminent domain. State Rep. Chris Miller, R-Oakland, praised the DOE’s decision and called the project a “scam” […]