Food company H.J. Heinz Co. is eliminating 600 jobs across the U.S. and in Canada, including 350 in Pittsburgh.
In the fierce debates over the safety of fracking for natural gas, one group is giving both sides a chance to make their points.
It’s almost a done deal, with 95 percent of the shareholders approving the acquisition of Heinz by Berkshire Company and a Brazilian private equity company for $72.50 per share.
The FBI is also now investigating possible insider trading prior to Berkshire Hathaway acquiring Heinz, Reuters reports.
Rob Pratte gets a political perspective on current issues with Senator Bob Casey and Congressman Tim Murphy.
Federal regulators have alleged that a brokerage account in Switzerland was used for illegal insider trading ahead of the H.J. Heinz acquisition Thursday.
H.J. Heinz Co. says it agreed to be acquired by Warren Buffett’s Berkshire Hathaway and 3G Capital in a deal valued at $23.3 billion.
Heinz Chairman, President and CEO Bill Johnson issued a letter to employees this morning after news broke that the company agreed to be acquired by Berkshire Hathaway and 3G Capital.