Light heavyweight fighters owned the UFC’s first pay-per-view show in six weeks. Magomed Ankalaev and Alex Pereira rematched for the 205lb title at UFC 320 on Saturday night. Before that, two top contenders clashed for the right to face the winner in their very next fight. Jiri Prochazka and Khalil Rountree Jr went to war in what fans called ‘The …
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Warren Buffett’s $57 billion face-plant: Kraft Heinz breaks up a decade after his megamerger soured
Kraft Heinz, the packaged-food giant created in 2015 by Warren Buffett and Brazilian private equity firm 3G Capital, is officially breaking up. The Tuesday announcement ends one of Buffett’s highest-profile bets—and one of his most painful—as the merger that once promised efficiency and dominance instead wiped out roughly $57 billion, or 60%, in market value. Shares slid 7% after the …
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