Julie Morgan

KHC is down nearly 4% in pre-market action.

We reached out to Kraft Heinz, but they did not immediately respond to a request for comment.

Buffett and Brazilian investment firm 3G Capital orchestrated the merger of Kraft and Heinz back in 2015, betting that the company's well-known brands would deliver long-term strength.

Over time, the combination proved weaker than expected.

with Berkshire Hathaway taking a $3.76 billion write-down on its stake last summer.

Buffett said last fall that he was disappointed in the plan to split the company in two.

Back in September, KHC said its board had unanimously approved a plan to separate the company into two independent, publicly traded companies through a tax-free spinoff.

The split aims to simplify operations and let each new company focus on its own goals, improving performance while keeping the skill needed to stay competitive.

President Trump has signed an executive order to restrict large institutional investors from buying single-family homes in an effort to help boost housing affordability.

Trump stated in the order that his administration will take decisive action to stop Wall Street from treating America's neighborhoods like a trading floor and empower American families to own their homes.

The order also prevents the agencies from unloading federally owned homes to large institutional investors.

Amazon is planning to open its largest ever retail store in a Chicago suburb next year.

The planned retail store in Orland Park includes a one-story building of about 230,000 square feet,

offering groceries, household essentials, and general merchandise.

The building would be comparable in size to other large format retail stores in the area, including the Orland Hills Walmart Supercenter.

Orland Park will not provide any financial incentives to Amazon as part of this project.

The company's investment would generate millions in sales and property tax revenue, which will help fund the village's infrastructure to improve traffic flow.

The construction phase is expected to create around 200 jobs, followed by about 500 permanent positions once the store is operational.

People familiar with the matter told the Wall Street Journal that Amazon is also planning to open other big-box stores in the U.S.,

I have a few other articles that are trending.