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 - 1d -
These small changes could boost your investment gains by millions of dollars
The very best way to invest in the stock marketMarketWatch - 1h -
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 - 2d -
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 - 5d -
Warren Buffett Used the Same Word 13 Times in His Berkshire Hathaway Shareholder Letter, and the Reason Is Inspiring
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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 - 5d -
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 - 4d -
‘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 - 1d -
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 - 5d -
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 - 5d -
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 - 4d -
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 - 18h -
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 - 2d -
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 - 17h -
Nigel Farage’s media company records £1.25mn profit
Reform UK leader’s earnings boosted by reality show appearance in late 2023Financial Times - 57m -
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 -
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 -
White House holds press briefing
Watch live coverage as White House Press Secretary Karoline Leavitt holds a press briefing.NBC News - 1d -
Trump holds first cabinet meeting
Watch live coverage as President Trump convenes the first cabinet meeting of his new administration, with Elon Musk expected to be in attendance.NBC News - 1h -
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 - 5d -
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 - 3d -
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 - 3d -
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 - 2d -
Non-profit lends helping hand after fire burns clothes
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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 - 14h -
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 - 4d
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Is Bird Flu the Only Reason Egg Prices Are Soaring?
The nation’s biggest egg producer has seen rising revenues and profits. Now some Democrats are calling for an investigation into pricing practices in the industry.The New York Times - 20h -
White House Moves to Pick the Pool Reporters Who Cover Trump
In announcing plans to hand-select the reporters who can ask the president questions at many events, the White House is breaking decades of precedent.The New York Times - 15h -
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 - 2d -
‘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 - 1d -
Tesla Stock Falls 8% as Concerns About Elon Musk’s Political Role Grow
The electric-car maker’s stock has had a bumpy ride since the victory of President Trump, who has given Tesla’s chief, Elon Musk, a role in Washington.The New York Times - 14h
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Lowe's beats Wall Street expectations as it starts to break out of sales slump
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