Photograph: Reuters /Nate Chute
Planet Business

Image of the week: Welcome signs A sign reading “This business serves everyone” is placed in the window of Bernadette’s Barbershop in downtown (...)

Kraft Foods has agreed to merge with Heinz, with analysts suggesting that the move will lead to considerable job losses. (Photograph: EPA/ANDY RAIN)

H.J. Heinz, which is controlled by Warren Buffett’s Berkshire Hathaway Inc. and buyout firm 3G Capital, said Wednesday that it agreed to buy the ma(...)

The current Kraft was created in a spinoff from Mondelez in October 2012. Mondelez inherited the company’s overseas snack businesses, giving it bigger growth opportunities internationally. (Photograph: David Paul Morris/Bloomberg)

3G Capital, the Brazilian private-equity firm, is understood to be in advanced talks to acquire Kraft Foods Group Inc. and merge it with ketchup make(...)

Warren Buffett:  a born investor who accumulated a $73 billion fortune while remaining indifferent to the trappings of wealth. Photograph: Paul Morigi/Getty Images

Warren Buffett’s latest annual letter looks back on his 50 years at the helm of Berkshire Hathaway, during which time the legendary Oracle of Omaha ha(...)

Warren Buffett, chairman and chief executive officer of Berkshire Hathaway:  his critique of benchmark-huggers remains relevant today. Photograph: Scott Eells/Bloomberg

The arrival of Berkshire Hathaway’s annual letter, the latest of which landed over the weekend, is eagerly anticipated by mutual fund managers for War(...)

Don Keough was among the first recipients of an Irish Presidential Distinguished Service Award honouring members of the Irish diaspora

Irish-American businessman Don Keough, a champion of Ireland who promoted Irish studies in the US and encouraged American corporate investment into Ir(...)

Samsung has been stung by Apple’s new iPhones, ceding global market share after the larger-screen devices captured sales in a segment pioneered by the Galaxy S lineup.  (Photograph: SeongJoon Cho/Bloomberg)

Samsung Electronics is expected to release two new versions of its top-tier Galaxy smartphone next month, including a model with a display covering th(...)

Tim Cook, chief executive officer of Apple arrives to speak with Gary Cohn, president and chief operating officer of Goldman Sachs Group (r) at the Goldman Sachs Technology And Internet Conference in San Francisco, California on Tuesday. Cook told the audience that he doesn’t believe “ in such laws as laws of large numbers”. (Photograph: David Paul Morris/Bloomberg)

An onstage interview with Tim Cook on Tuesday turned into a mini-debate about mathematics that left everybody in the audience a little bit dumber. Gar(...)

Warren Buffett believes that holding cash can make sense when there are no better options Photograph: Bloomberg

As Warren Buffett was a student of Benjamin Graham, today we are all students of Warren Buffett.He has become wealthy and famous from his investing. H(...)

Berkshire Hathaway’s Terry Kroeger said the company had experimented with metered paywalls. Photograph: Conor McCabe

When billionaire Warren Buffett went on a shopping spree for US newspapers in 2012, it prompted some to sit up and think “maybe print isn’t dead” - on(...)