33.6 F
New York
January 24, 2022

Berkshire Hathaway Inc

Warren Buffett tells Bernie Sanders he won’t intervene in strike at Berkshire-owned company

CNBC
CNBC – For more and to sign up click here Warren Buffett (R) talks with Mark Donegan, CEO of Precision Castparts, at the Precision Castparts booth in exhibit hall during the Berkshire Hathaway Annual Shareholders Meeting at the CenturyLink Center in Omaha, Nebraska, April 30, 2016. Ryan Henriksen | Reuters......

Morgan Stanley picks ‘regional champions’ and stocks most pressured by the supply chain crisis

CNBC
CNBC – For more and to sign up click here Cargo containers sit stacked on a ship on November 22, 2021 in Bayonne, New Jersey. Spencer Platt | Getty Images Morgan Stanley said most acute supply chain disruptions are already easing and will be more fully resolved within the first......

Cramer says he plans to own Costco for the long term. Here’s why

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer said Friday he intends to own Costco for the long term because the wholesale retailer has the most valuable quality he looks for in stocks: pricing power. “Costco has the No. 1 most important quality in a......

Bill Gates’ TerraPower aims to build its first advanced nuclear reactor in a coal town in Wyoming

CNBC
CNBC – For more and to sign up click here Kemmerer, Wyoming, is a frontier coal town. It was organized in 1897 by coal miners and still employs people in the coal and natural gas industries today. Photo courtesy TerraPower TerraPower, a start-up co-founded by Bill Gates to revolutionize designs......

Why GE and J&J may not be the only iconic companies about to break up

CNBC
CNBC – For more and to sign up click here As iconic companies including GE and Johnson & Johnson pursue breakup plans, the “sum of the parts if greater than the whole” argument is getting a new workout from the market. nicodemos | E+ | Getty Images Everywhere you look......

Kevin O’Leary on the wealth-destroying mistake he sees too many family businesses make

CNBC
CNBC – For more and to sign up click here Christopher Willard | Disney General Entertainment Content | Getty Images Some valuable firms like Hermes demonstrate there’s brand value preserved in keeping the business under family control. Others prove that the family connection can help restore belief in a damaged......

Berkshire’s operating earnings pop 18% last quarter with Buffett’s cash pile at record $149 billion

CNBC
CNBC – For more and to sign up click here Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller | CNBC Berkshire Hathaway saw another double-digit increase in its operating profit thanks to a continuous rebound in it railroad, utilities and energy businesses......

Ithaca, New York becomes first U.S. city to begin 100% decarbonization of buildings, an urban climate change milestone

CNBC
CNBC – For more and to sign up click here People walk past colorful stores in a pedestrian area of downtown Ithaca, New York on a sunny day. benedek | iStock Unreleased | Getty Images Far from Glasgow and COP26, Ithaca, New York, just made an unprecedented move to tackle......

There’s a controversy over Charlie Munger’s design for a big dorm at UCSB

CNBC
CNBC – For more and to sign up click here Charlie Munger at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller | CNBC Charlie Munger’s architectural design for a new, large dormitory at the University of California, Santa Barbara is getting attention after an architect......

Ant Group-backed Paytm says it’s ‘more than well-capitalized’ after raising its IPO size

CNBC
CNBC – For more and to sign up click here Indian digital payments start-up Paytm says it has sufficient capital after raising the size of its initial public offering. “We don’t see any reason for us to raise more money, especially in primary capital, unless there is an extraordinary event,”......

Warren Buffett said it was ‘a mistake’ to have a debt ceiling a decade ago—here’s why

CNBC
CNBC – For more and to sign up click here At Berkshire Hathaway’s annual shareholders meeting in 2011, billionaire investor Warren Buffett was asked what he thought about the contentious negotiations happening in Congress over whether or not to raise the debt ceiling. His response: failing to raise the debt......

As Warren Buffett turns 91, the legendary investor prepares Berkshire Hathaway for a new economy

CNBC
CNBC – For more and to sign up click here Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway’s annual meeting in 2019. Scott Morgan | Reuters Now 91, Warren Buffett is taking steps to make sure that Berkshire Hathaway......

Warren Buffett says these businesses do the best during periods of high inflation

CNBC
CNBC – For more and to sign up click here From used cars to gas to groceries, inflation continues raise the price of goods in the U.S. The consumer price index — which measures how much consumers pay for an assortment of products — jumped 5.4% last month from where......

Stocks making the biggest moves in the premarket: Home Depot, Walmart, Roblox and more

CNBC
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Home Depot (HD) – Shares of the home improvement retailer fell 3.2% in the premarket following its second-quarter results. Home Depot earned $4.53 per share, 9 cents a......

Supply-chain delays and skyrocketing shipping costs hit Cort furniture leasing company hard

CNBC
CNBC – For more and to sign up click here Containers are transferred from a truck to cargo ship at the international cargo terminal of a port in Hai Phong city on August 12, 2019. Nhac Nguyen | AFP | Getty Images Furniture rental company Cort is jumping through hoops......

A new Microsoft solar project shows how climate and racial equity are getting connected

CNBC
CNBC – For more and to sign up click here A Bronx rooftop with a view of Manhattan in the distance is covered with solar panels. As climate and racial justice are connected, ESG experts say more clean energy projects and jobs need to come to neglected urban communities. DON......

Stocks making the biggest moves in the premarket: Sanderson Farms, U.S. Foods, Tyson Foods and more

CNBC
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Sanderson Farms (SAFM) – The poultry producer agreed to be acquired for about $4.5 billion, or $203 per share, by privately-held food producer Cargill and agriculture investment firm......

Berkshire Hathaway’s operating earnings jump 21% as recovering economy boosts railroad, energy units

CNBC
CNBC – For more and to sign up click here Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller | CNBC Berkshire Hathaway‘s operating income continued to rebound as its myriad of businesses from energy to railroads benefited from the economic reopening. The......

Stock futures are flat ahead of key unemployment report

CNBC
CNBC – For more and to sign up click here U.S. stock index futures were little changed during overnight trading on Thursday, ahead of Friday’s highly anticipated jobs report. Futures contracts tied to the Dow Jones Industrial Average dipped 24 points. S&P 500 futures and Nasdaq 100 futures were flat.......

JPMorgan’s new health business makes inaugural investment in start-up Vera Whole Health

CNBC
CNBC – For more and to sign up click here A woman walks past JPMorgan Chase & Co’s international headquarters on Park Avenue in New York. Andrew Burton | Reuters JPMorgan Chase‘s new healthcare unit has made its first investment, CNBC has learned exclusively. The bank has agreed to invest......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More