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.
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Will a ‘user fee’ on US Treasuries actually work?
Taking another look at the mooted Mar-a-Lago AccordFinancial Times - 14h -
German far-right makes historic gains as conservatives hold lead
A conservative coalition has secured the largest number of seats in Germany's new parliament, while the anti-immigration far-right AfD, backed by Elon Musk, won a historic 20% of the vote.CBS News - 1d -
Boosted by Musk and Trump, German far-right party looks likely to make historic gains
It is a pivotal moment for Germany's far-right AfD ahead of national elections Sunday. The party is polling at 21% — likely enough for second place.NBC News - 4d -
US stocks post worst slide in two months on gloomy economic data
Sentiment among businesses and consumers cools sharply as tariffs and inflation take a tollFinancial Times - 4d -
Why is YouTube boosting anti-US, pro-Chinese communist propaganda?
YouTube appears to be actively promoting pro-Chinese government and anti-American content while suppressing voices critical of China's communist regime.The Hill - 4d -
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
‘During the 2019-23 period, I have used the words ‘mistake’ or ‘error’ 16 times in my letters to you.’Inc. - 3d -
‘Overjoyed’: US lottery winner pledges to give part of $328.5m prize to non-profits
Abbas Shafii says he plans to travel, invest and share Powerball prize with non-profits ‘close to [his] heart’. What would you do if you won hundreds of millions of dollars playing the lottery? A ...The Guardian - 14h -
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
Block, formerly known as Square, got off to a sluggish start on Wall Street this year after underperforming the Nasdaq in 2024.CNBC - 5d -
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 -
Workday beats estimates for revenue and profit, stock jumps
Workday exceeded analysts' estimates for the quarter and pointed to stronger demand from artificial intelligence products.CNBC - 3h -
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 - 4d -
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 - 4d -
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 - 4h -
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 - 4d -
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 - 2d -
White House holds press briefing
Watch live coverage as White House Press Secretary Karoline Leavitt holds a press briefing.NBC News - 13h -
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 - 5d -
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 - 21h -
Instacart stock falls as profit forecast comes up short
Shares of Instacart fell after hours on Tuesday, after the grocery delivery app’s forecast for its preferred measure of profit came in below expectations.MarketWatch - 40m -
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 - 4d -
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 - 1d -
10-year Treasury yield ends at nearly 11-week low as economic concerns build
Yields on 2- and 10-year U.S. government debt fell for a fifth straight session on Tuesday as traders considered the risks of slowing global growth and a potential domestic recession.MarketWatch - 4h
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 -
‘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 - 11h -
Trump Announces Inquiry That Could Lead to Tariffs on Copper
Tariffs, if they are imposed, could boost U.S. production of a valuable resource but also raise costs for automakers, construction companies and others.The New York Times - 3h -
Who Are the Probationary Federal Workers Being Cut Under Trump?
Many government workers being cut are those with fewer protections. They are relatively new in their current jobs, but often have years of experience.The New York Times - 1h -
New York Public Radio to Lay Off About 7% of Staff
The elimination of 21 full-time roles is the latest in a series of reductions at the organization.The New York Times - 5h
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