Your Weekend Reading: Warren Buffett Is Looking for an Elephant

(Bloomberg) --

Warren Buffett is still looking for that big deal, or as he wrote in his annual letter, “an elephant-sized acquisition.” Earnings at Berkshire Hathaway jumped in the fourth quarter, but there was a $3 billion hit from the Kraft Heinz debacle.

What you’ll want to read this weekend

Robert Kraft, the billionaire owner of the New England Patriots, and some financial titans were ensnared in a prostitution sting in Florida.

Looking for the world’s most dysfunctional governments? There are only two places to go: Washington and London, Bloomberg Editor-in-Chief John Micklethwait writes for Bloomberg Opinion.

Self-driving cars may kill auto insurance as we know it. But robots can’t take control until automakers, engineers and lawmakers work through some thorny problems. Like, how can a cop pull over an autonomous car?

The Singapore palace that inspired “Crazy Rich Asians” is worth $3.5 billion. But its Malaysian owner can’t cash in any time soon.

When in Rome, these are the pasta dishes top chefs say you must eat.

What you need to know next week

What you’ll want to read in Bloomberg Pursuits

How ‘Pirates of the Caribbean’ built an empire. Jerry Bruckheimer, the impresario behind blockbusters including “Top Gun” and “Pirates of the Caribbean,” has achieved a level of Hollywood status far rarer than Oscar winner: He’s a billionaire.

Your Weekend Reading: Warren Buffett Is Looking for an Elephant

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