Cheddar morning business report for Feb. 15, 2018Posted: Updated:
Warren Buffett is doubling down on Apple. Berkshire Hathaway increased its stake in the tech company, while saying goodbye to another - IBM. Berkshire is the fourth largest Apple shareholder.
Sam's Club is taking aim at Amazon, now offering free shipping to premium members. It will cost $100 annual fee. Just last month, parent company Walmart announced more than 60 Sam's Clubs were closing - and up to a dozen were being converted to e-commerce fulfillment centers to make deliveries faster.
McDonald's is making its Happy Meal menu healthier. The company says that by the end of 2022, at least half of Happy Meals will have less than 600 calories. As part of the plan, McDonald's will make the fries order smaller, and cut the amount of added sugar in chocolate milk.