Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings
Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face of declines at more than half of the nearly 200 businesses it operates.
Read more at The New York Times
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Will a ‘user fee’ on US Treasuries actually work?
Taking another look at the mooted Mar-a-Lago AccordFinancial Times - 8h -
German far-right makes historic gains as conservatives hold lead
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Boosted by Musk and Trump, German far-right party looks likely to make historic gains
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US stocks post worst slide in two months on gloomy economic data
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Why is YouTube boosting anti-US, pro-Chinese communist propaganda?
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How to close loopholes on Chinese e-commerce and boost US retailers
A well-calibrated approach — one that prevents Shein and Temu from exploiting loopholes while incentivizing compliance and supporting vetted sellers on U.S. platforms — would best serve the United ...The Hill - 3d -
Warren Buffett Used the Same Word 13 Times in His Berkshire Hathaway Shareholder Letter, and the Reason Is Inspiring
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‘Overjoyed’: US lottery winner pledges to give part of $328.5m prize to non-profits
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Taiwan holds its breath as Trump turns on Ukraine and upends US foreign policy
The mood in Taipei is one of wariness as the new US president takes a blowtorch to diplomatic norms and assurances. It’s a bustling morning at the Dongmen wet market, in inner-city Taipei. Mr Yu is ...The Guardian - 4d -
Profits, Not D.E.I., Are Why Companies Exist
An awkward truth has become evident in the first days of the Trump administration, as many firms mute their commitments to diversity and sustainability.The New York Times - 4d -
Block shares fall on profit, revenue miss
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Ignoring science for profit will have deadly consequences for America
We cannot sell out their climate future for the continued profits of powerful business interests.The Hill - 1d -
Treasury yields slip as data raise questions about strength of U.S. economy
U.S. Treasury yields slipped on Friday, with short-dated notes tallying their biggest one-day drop since January after a fresh batch of data raised questions about the strength of the U.S. economy.MarketWatch - 3d -
Federal judge extends decision blocking DOGE from Treasury payment system
A federal judge on Friday extended an earlier decision barring employees with the Department of Government Efficiency (DOGE) from accessing a sensitive federal payment system at the Treasury ...The Hill - 3d -
Buffett says Berkshire will continue to increase investment in Japan trading houses
Buffett said Berkshire will moderately increase its ownership in the five Japanese trading houses over time.CNBC - 3d -
Berkshire shares rise on surge in operating earnings, but questions linger about cash
The conglomerate's operating profit — earnings from the company's wholly owned businesses — skyrocketed 71% to $14.5 billion in the fourth quarter.CNBC - 1d -
Falling Treasury yields signal that Trump policies are starting to spook investors
U.S. government debt rallied aggressively overnight and into Tuesday’s trading session, pushing yields below key technical levels in a way that appeared to be shaking confidence in the broader market.MarketWatch - 3h -
Treasury yields drop to fresh lows of 2025 as growth concerns build
Yields on 2- and 10-year U.S. government debt were on pace for a fifth straight session of declines on Tuesday as traders considered the risks of slowing global growth and a potential domestic ...MarketWatch - 1h -
Inside the Telegram Groups Doxing Women for Their Facebook Posts
A WIRED investigation goes inside the Telegram groups targeting women who joined “Are We Dating the Same Guy?” groups on Facebook with doxing, harassment, and sharing of nonconsensual intimate images.Wired - 1d -
No pain, no gain? Hardly. This year's fitness buzzword is 'recovery'
There was a time not long ago that the exercise mantra in gyms was “no pain, no gain.”ABC News - 6d -
Lab-Grown Meat Gains Support in Nebraska
Proposal to ban lab-grown meat in Nebraska gets pushback from ranchers and farm groups.Inc. - 4d -
Oil prices end lower, erasing weekly gains
“A number of decisions are pending … that could drive the oil price in one direction or the other,” one analyst noted.MarketWatch - 3d -
Democrats struggle to reverse Trump's gains with Latinos
Democrats are struggling to reverse the rightward shift among Latino voters seen in November, when President Trump made significant gains with the once reliably blue voting bloc. While a majority ...The Hill - 1d -
White House holds press briefing
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Walmart shares drop as retailer says profit growth will slow
Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income shoppers.CNBC - 4d -
Rivian keeps promise on making a profit, but here’s why the stock is falling
Rivian Automotive Inc. makes good on its promise to get to its first quarterly gross profit and blows past Wall Street estimates for its sales.MarketWatch - 4d -
Videogame giants are spending more money but losing players — and profits
Sony, Electronic Arts and Ubisoft reflect an industrywide misunderstanding (or perhaps disregard) of what gamers value.MarketWatch - 3d -
Shein profits slump in fresh challenge to long-planned London IPO
Competition from Temu adds to pressure on fast-fashion group’s valuation as it seeks approval for UK listingFinancial Times - 2d -
Carmakers turn to new hybrid and petrol models to bolster profits
Investments continue in combustion and hybrid engine vehicles amid lengthy wait for EVs to become mainstreamFinancial Times - 2d -
Low-cost carrier FlyDubai sees record $611 million profit in 2024
The low-cost carrier FlyDubai says it earned a record-breaking profit of $611 million in 2024, buoyed by higher passenger numbers and lower fuel costsABC News - 1d -
Non-profit lends helping hand after fire burns clothes
Yahoo News - 15h -
Treasury sets March 21 deadline for millions of businesses to report ownership information or risk fines of $10,000 or more
The Treasury Department set a March 21 deadline to report "beneficial ownership information" after a Texas court lifted a block on enforcement.CNBC - 5d -
Warren Buffett’s growing cash pile and 3 other things to watch for in Berkshire’s investor letter
Investors are awaiting Berkshire Hathaway Chairman Warren Buffett’s annual investor letter, in which he typically expounds on Berkshire’s performance along with anecdotes and vignettes about ...MarketWatch - 4d -
DOGE Put Him in the Treasury Department. His Company Has Federal Contracts Worth Millions
Experts say the conflicts posed by Tom Krause’s dual roles are unprecedented in the modern era.Wired - 3d -
Warren Buffett prefers stocks over cash and other takeaways from his annual letter to Berkshire shareholders
Warren Buffett, in his annual letter to shareholders, defends Berkshire’s cash pile but says the company will always prefer equities when they’re attractive.MarketWatch - 3d -
Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion
Berkshire Hathaway reported fourth-quarter results on Saturday. The company's Class A shares popped more than 25% in 2024.CNBC - 1d -
Warren Buffett’s waiting for a ‘wild swing’ to the downside for stocks, says veteran Berkshire watcher
Warren Buffett didn’t tip his hand in his annual letter to investors on Saturday, but it’s become apparent that he’s waiting for a big-time downturn in stocks before deploying his vast and growing ...MarketWatch - 22h -
White House Social Media Accounts Post Shocking Deportation Memes
The Trump administration used the White House’s official social media accounts to post a political themed message for Valentine’s Day.The New York Times - 4d -
Complaint: ICE attorney allegedly made racist, xenophobic posts on X
The Texas Observer claims it has identified James Rodden as an attorney employed by ICE who has allegedly posted racist content on an X account.CBS News - 4d
More from The New York Times
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Why American Businesses Aren’t Raring to Get Back Into Russia
The White House promised “incredible opportunities” if Moscow ended the war in Ukraine. But Russia’s economy is struggling and the business environment is unpredictable.The New York Times - 1d -
Joann, 80-Year-Old Crafts and Fabrics Retailer, Will Close All Stores
The announcement that the chain would close all 800 of its stores in 49 states comes after a period of financial turmoil.The New York Times - 20h -
Trump and Paramount Seek Mediator for CBS News Lawsuit
The move is another indicator that the two sides are exploring ways to resolve the case, over the editing of a “60 Minutes” interview, out of court.The New York Times - 17h -
The Price of Shrimp Cocktail
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‘Heavyweight,’ an Acclaimed Narrative Podcast, Returns
Pushkin Industries, the podcast company that will release the show, is betting that documentary-style audio programs can still win an audience.The New York Times - 5h
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