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June 7, 2020
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United Airlines’ new CEO Kirby takes the reins, aiming to ‘get through hell as quickly as possible’

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CNBC – For more and to sign up click here United Airlines president Scott Kirby speaking in Chicago, Illinois, June 5, 2019. Kamil Krzaczynski | Reuters United Airlines‘ incoming CEO Scott Kirby doesn’t mince words. “It’s far better to be too aggressive than not aggressive enough,” he told a J.P. Morgan......
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Saudi sovereign fund discloses stakes in Citi, Boeing, Facebook

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CNBC – For more and to sign up click here The U.S. Securities and Exchange Commission in Washington, D.C. Adam Jeffery | CNBC Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has purchased minority stakes in major U.S. companies including Boeing, Facebook and Citigroup, according to a U.S. regulatory filing. PIF......
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It’s “too early to write the epitaph” for office real estate, UBS analyst says

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As the heads of major companies like Morgan Stanley and Berkshire Hathaway tout the viability of their employees working from home for the long term – or even “forever,” as Twitter CEO Jack Dorsey told his employees this week –the future of a post-coronavirus office market seems suddenly in jeopardy.......
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Dow futures rise 100 points in overnight trading as investors focus on reopening of economy

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CNBC – For more and to sign up click here Wall Street and much of the Financial District stands empty as the coronavirus keeps financial markets and businesses mostly closed on April 20, 2020 in New York City. Spencer Platt | Getty Images Stock futures rose in overnight trading on......
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Stock market live updates: Stocks pare losses as tech gains, Buffett dumps airlines, Tesla jumps 5%

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CNBC – For more and to sign up click here Stocks moved lower on Monday as recent investor optimism, which has lifted the major averages from the March 23 low, eased. Escalating geopolitical tensions weighed on stocks, and legendary investor Warren Buffett said he hasn’t found any “attractive” buying opportunities.......
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Stocks making the biggest moves in the premarket: Berkshire Hathaway, Gilead, Disney, Intel & more

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CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Tyson Foods (TSN) – The beef and poultry producer reported quarterly earnings of 77 cents per share, compared to a consensus estimate of $1.04 a share. Revenue also......
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Buffett on coronavirus, airlines and more — Watch the 5 best moments from the Berkshire meeting

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CNBC – For more and to sign up click here Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., speaks during the virtual Berkshire Hathaway annual shareholders meeting seen on a laptop computer in Arlington, Virginia, U.S., on Saturday, May 2, 2020. Bloomberg What a difference a year......
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Buffett gave airlines another go. Coronavirus was a problem he couldn’t stomach

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CNBC – For more and to sign up click here Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., speaks during the virtual Berkshire Hathaway annual shareholders meeting seen on a laptop computer in Arlington, Virginia, U.S., on Saturday, May 2, 2020. Bloomberg A 95% plunge in passengers.......
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Coronavirus live updates: Vietnam reports first case in nine days, Roche to double antibody test production

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CNBC – For more and to sign up click here This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.  States across the U.S. are reopening after......
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Coronavirus live updates: Global cases top 3.4 million, death toll over 243,600

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CNBC – For more and to sign up click here This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 3.4 million Global deaths: More than 243,600 Most cases reported: United States......
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Warren Buffett says Berkshire sold all its airline stocks because of the coronavirus

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CNBC – For more and to sign up click here Warren Buffett David A. Grogan | CNBC (Follow live highlights of Berkshire’s meeting here.) Berkshire Hathaway Chairman and billionaire value investor Warren Buffett said that the conglomerate has sold the entirety of its equity position in the U.S. airline industry.......
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Buffett on why he hasn’t made any big investments: ‘We don’t see anything that attractive’

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CNBC – For more and to sign up click here Warren Buffett Gerard Miller | CNBC Warren Buffett said Saturday that Berkshire Hathaway is still sitting on its massive cash hoard because the conglomerate hasn’t found a company to buy at an attractive price.  “We have not done anything, because......
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Warren Buffett says the economy will overcome coronavirus: ‘Nothing can basically stop America’

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CNBC – For more and to sign up click here Warren Buffett Gerry Miller | CNBC Warren Buffett said Saturday he is optimistic that the U.S. economy will re-emerge even after being dealt a body blow by the coronavirus pandemic.  “Nothing can basically stop America,” said Buffett, chairman and CEO......
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Berkshire Hathaway annual meeting live updates: Warren Buffett to address coronavirus, stock losses

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CNBC – For more and to sign up click here This is a live blog. Check back for updates. Warren Buffett, Chairman and CEO of Berkshire Hathaway. David A. Grogan | CNBC Follow the highlights of Berkshire Hathaway‘s annual meeting here. Warren Buffett is set to comment on the coronavirus,......
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Warren Buffett built up cash and bought only small amounts of stock during the market rout

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CNBC – For more and to sign up click here Warren Buffett Gerard Miller | CNBC Berkshire Hathaway’s first-quarter earnings revealed that Chairman and CEO Warren Buffett built up the conglomerate’s cash fortress and only bought small portions of stock during the violent rout of equity markets due to the......
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Warren Buffett’s Berkshire swings to massive $50 billion net loss after coronavirus pummels stock investments

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CNBC – For more and to sign up click here Warren Buffett Gerry Miller | CNBC Warren Buffett’s Berkshire Hathaway on Saturday posted a record net loss of nearly $50 billion as the coronavirus pandemic pummeled its common stock investments, but operating profit rose even as COVID-19 hurt its businesses.......
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Here’s what to expect from Warren Buffett during Berkshire Hathaway’s first virtual annual meeting

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CNBC – For more and to sign up click here Warren Buffett, chairman and CEO of Berkshire Hathaway Inc The India Today Group | Getty Images This year’s Berkshire Hathaway shareholder meeting will be like no other as investors look for insight on how the conglomerate will move forward from......

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