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Kraft Heinz Dips as Warren Buffett Says He Overpaid for Stake, Denies 3G Rift
Kraft Heinz KHC shares drifted lower Tuesday, extending a year-to-date decline of around 30%, after billionaire investor Warren Buffett said he 'overpaid' for the packaged food group when he purchased it along with 3G Capital in 2015, but pledged to support incoming CEO Miguel Patricio.
Facebook Libra Gets Mixed Reviews From Regulators as Cryptocurrencies Surge
Facebook's plans to launch a global digital currency next year, known as Libra, are getting mixed reviews from central bankers and regulators around the world, but the social media group's drive towards financial services could represent the next wave of tech-sector influence.
Micron, FedEx, Trump-Xi, Tesla and Amazon - 5 Things You Must Know
U.S. stock futures decline as investors take a defensive stance on risk ahead of this weekend's G-20 summit in Japan; Micron reports earnings Tuesday; FedEx, which also reports earnings, sues the U.S. government arguing new trade regulations put an 'impossible burden' on the company to monitor its shipments.
FedEx Files US Government Lawsuit Over 'Impossible Burden' of Package Liability
FedEx filed a lawsuit against the U.S. government late Monday arguing new trade regulations put an "impossible burden" on the world's biggest package delivery company to monitor the origins of shipments to and from the United States.