Bernardo Hees

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Struggling food company Kraft Heinz Co (NASDAQ: KHC) confirmed Monday CEO Bernardo Hees will step down and replaced with Miguel Patricio. What Happened Hees will remain CEO until the end of June at which point Patricio, a Anheuser Busch Inbev NV (NYSE: BUD) veteran, will take over. Patricio's...

Kraft Heinz Co (NASDAQ: KHC) has announced the launch of a $100-million venture capital fund, Evolv Ventures. Kraft Heinz, the fifth-largest food and beverage company in the world, said the fund will invest in emerging tech companies that are transforming the food industry. The company has...

Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B)'s 51st annual shareholder letter was released Saturday. Here are 11 things (in quote form) the public learned from Buffett this year. 1. "Berkshire's gain in net worth during 2015 was $15.4 billion, which increased the per-share book value of both...

Burger King Worldwide (NYSE: BKW) is cooking on Thursday after releasing a positive first quarter earnings outlook. The Miami-based firm expects EPS to close at around $0.17, which would edge the Wall Street consensus of $0.16. Sales Undercooked Burger King expects a global comparable sales...