OMAHA, Neb. (AP) — Warren Buffett’s successor appears to be considering his first significant move after taking over as CEO this month. Kraft Heinz warned investors Tuesday that Berkshire Hathaway may be interested in selling its 325 million shares in the name brand food giant that Buffett helped create back in 2015. Buffett and the…… MORE
Netflix capped last year with another solid financial performance despite slowing subscriber growth that underscored the importance of its contested $72 billion bid to take over Warner Bros.’ fabled movie studio and slot HBO Max into its video streaming line-up. The fourth-quarter results announced Tuesday eclipsed the projections of stock market analyst, but Netflix’s report…… MORE
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell will attend the Supreme Court’s oral arguments Wednesday in a case involving the attempted firing of Fed governor Lisa Cook, an unusual show of support by the central bank chair. The high court is considering whether President Donald Trump can fire Cook, an unprecedented attempt by the…… MORE
WASHINGTON (AP) — The head of the IRS is announcing a shake-up he says will improve taxpayer service and modernize the agency. In a letter to employees viewed by The Associated Press on Tuesday, IRS Chief Executive Officer Frank Bisignano said he is naming Gary Shapley, a whistleblower in the Hunter Biden tax investigations, as…… MORE
Confidence is increasing regarding the potential for a significant intrusion of Arctic air and impactful wintry precipitation from Friday into the upcoming weekend. Monitor the forecast closely over the next several days as we fine-tune the details and start thinking about how you can Protect the 4 P’s: People, Pets, Pipes, and Plants.… MORE