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The new owners of H.J. Heinz announced Tuesday 600 office jobs are being cut, 350 in Pittsburgh and the rest elsewhere in the United States and Canada.
Buffett says he is still hunting elephants ... Japan and others cautious on 787s ... Store within a store concept goes to court ...Best Buy CEO: Don't count us out ... News from United Press International.
Wall Street kingpin Warren Buffett said 2012 was the year in which the big ones got away, referring to his pursuit of profitable acquisitions.
Report: Exec paid $78M to keep secrets ... Eadington, gambling economist, dies ... Reader's Digest files for Chapter 11 ... News from United Press International.
Two U.S. shareholders have filed lawsuits to block the sale of H.J. Heinz Co. complaining the price was too low, court papers say.
G20 pledges peace on currency front ... SEC investigating Heinz takeover trading ... 1 percent of incomes growing in recovery ... U.N.: Manufacturing grew 2.2 percent in 2012 ... News from United Press International.
The U.S. Securities and Exchange Commission is investigating "highly suspicious" trading in the takeover of H.J. Heinz Co., an SEC official said.
The merger that would create the world's largest airline was announced with handshakes, broad smiles and mutual admiration.
Markets close flat ... Heinz sold for $28 billion ... 14 arrested for stock fraud ... Toyota settles safety lawsuit for $29M ... News from United Press International.
U.S. food giant H.J. Heinz Co. said Thursday it agreed to sell itself to Berkshire Hathaway and 3G Capital for $28 billion.
