Warren Buffett News: Highest Bid, H.J. Heinz Company (HNZ)’s Announcement & Berkshire Hathaway Inc. (BRK.A)

Buffett Tops Reese Witherspoon as Charity Auction Draw (BusinessWeek)
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc. (NYSE:BRK.A), drew a top offer of $118,000 for an all-you-can-eat tour of a See’s Candies factory, with less than 3 hours left in the charity auction. Bidding has climbed from less than $50,000 earlier today and $17,000 when it began on July 25. Buffett is among celebrities who are supporting auctions to benefit Communities in Schools of Los Angeles, a high school dropout-prevention program. The top offer for lunch with actress Reese Witherspoon was $6,000. Bidding is scheduled to end today at 4:20 p.m. in New York for the lunch and two minutes later for the candy tour.

Warren Buffett-owned company plans to use federal wind subsidies (DailyCaller)
A subsidiary of the Warren Buffett-owned MidAmerican Energy Holdings is looking to capitalize on federal tax subsidies by installing 448 wind turbines across five Iowa counties in order to generate up to 1,050 megawatts of power by 2015. Construction on the wind farms is scheduled to begin next month, meaning MidAmerican will qualify for generous wind tax credits offered by the federal government. “MidAmerican Energy Company does plan to use federal wind production tax credits for the recently announced wind expansion,” a company spokeswoman told The Daily Caller News Foundation in an email. “The specific amount is not available.”

Warren Buffet kids series sells globally (TBIVision)
The 26x30mins series, has gone to MediaCorp in Singapore, Workpoint Entertainment in Thailand, Globosat in Brazil and ZOOM in Israel. The news comes after Paris-based PGS launched an office in Hong Kong. KidVenture Club comes from Andy Heyward’s A Squared Entertainment and China’s Xing Xing and was created with businessman Buffet. It features guest appearances from the likes of rapper Jay-Z, basketball player Shaquille O’Neal and technology impresario and philathropist Bill Gates.