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Airlines is merging with u. S. Airways, creating the Worlds Largest airline company; and Warren Buffett is buying h. J. Heinz, the Biggest Food Company acquisition ever. Well have more on american in a moment, but we begin tonight with buffett and that surprising megafood deal. The billionaire investor is teaming up with the billionaire owners of 3g capital to buy the ketchup maker for 28 billion. The private equity group and Buffetts Berkshire hathaway are paying 72. 50 a share in cash. Thats a 20 premium over heinzs Closing Price yesterday. Ruben ramirez reports. Reporter the oracle of omaha...

World center designed by architect frank gehry, an example of miamis cutting edge design, not far off are the Art Deco Hotels of an earlier era restored and enjoying a vibrant second life, often they designed what is old is new and new is old as tracy smith will report in our cover story. They just dont make buildings like they used to, but now a new York Design Team is getting attention for trying. This was nothing, i mean, you built this from the ground up. A more perfect version of the past. So it is nostalgia perfected. It is nostalgia perfected, thats right. Ahead on sunday morning. What ...

Secret plans for the s plans for what does this purchase of the Washington Post mean for the entire news industry . Countdown to the closing bell starts right now. Double knockout liz good afternoon, i am liz claman and it is the last hour of trading. A glitch in trading that we want to tell you about. Global markets it is not yet known and last time we had a Technical Glitch on march 23, it has the part of the ipo. And cbs calling Time Warner Cable a bluff on their offer of a sham. Time warner cable has proposed is to return the cable. But only as an a la carte operation and offering. We are ...

Coming separately, you know, we consider it i think along with any other piece of legislation coming down from the board. Commissioner wu. I actually wanted to ask supervisor wiener about that point. If you as the chair of the land use committee, if you know now or want to talk at all about how it might be handled as two separate pieces of legislation. Thank you, commissioner, for that question. , and you know, its challenging because you probably heard in my comments at the beginning that i think, you know, it was a little frustrating to have this legislation pending as long as its been and t...

Well have more on american in a moment, but we begin tonight with buffett and that surprising megafood deal. The billionaire investor is teaming up with the billionaire owners of 3g capital to buy the ketchup maker for 28 billion. The private equity group and Buffetts Berkshire hathaway are paying 72. 50 a share in cash. Thats a 20 premium over heinzs Closing Price yesterday. Ruben ramirez reports. Reporter the oracle of omaha now has a new title ketchup king. For the first time, Warren Buffett, whos shied away from working with private equity partners, is teaming up with 3g capital in a 28 bi...