Buffett Update: Billionaire Buys Cadillac Not Subaru

It seems that no matter what Warren Buffett happens to say or do, it will always find its way into the news. Last week, the billionaire investor was photographed sitting behind the wheel of a brand-new Subaru Outback. When this happened, a blogger at Auto Evolution decided to turn this into a story. The story …

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Ford & Heinz Team Up in a Surprising Way

In an announcement that was cleverly titled You Say Tomato; We Say Tom-Auto, Ford recently announced that they are going to partner with Warren Buffett’s H.J. Heinz Co. in an effort to find a way to use tomato fibers in automobiles. Last year, in February, Warren Buffett and Berkshire Hathaway acquired the world famous ketchup …

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