Warren Buffett's Berkshire Hathaway Records $5 Billion Write-Down of Kraft Heinz Stock
1. Berkshire reported a $5 billion write-down on Kraft Heinz shares. 2. Q2 operating earnings decreased nearly 4% year-over-year to $11.16 billion. 3. Cash reserves dropped slightly to $344.1 billion from Q1. 4. Trade policy uncertainties may adversely impact business results. 5. Warren Buffett plans to retire in 2025; Greg Abel to succeed.