Buffett’s Berkshire Hathaway slashes stakes in Bank of America and Citi

• Warren Buffett's Berkshire Hathaway sells some DaVita, shares fall on disappointing guidance

  DaVita shares tumbled after issuing a weak outlook amid rising care costs, while big investor Berkshire offloaded some shares in a preplanned agreement.
  
  CNBC - 4d

• Warren Buffett’s 2025 letter to Berkshire shareholders is coming soon. Watch this number.

  Even Buffett is struggling to outperform this bull market. Berkshire’s massive cash stake is key.
  
  MarketWatch - 13h

• We're exiting our stake in a disappointing stock that's getting a Berkshire bump

  After the trade, Jim Cramer's Charitable Trust will no longer have a position in the alcohol stock.
  
  CNBC - 19h

• Warren Buffett's Berkshire buys more Occidental after 30% sell-off from record high

  The Omaha, Nebraska-based conglomerate scooped up 763,000 shares of the Houston-based oil and gas producer on Friday for $35.7 million, according to a filing.
  
  CNBC - 6d

• Banks slash savings rates after Bank of England rate cut

  Dozens of providers reduce rates or withdraw products following BoE move
  
  Financial Times - 6d

• DaVita’s stock leads S&P 500 decliners after Berkshire pares stake. Its soft guidance isn’t helping.

  DaVita shares were tumbling 13.5% Friday to lead S&P 500 decliners, after Warren Buffett’s Berkshire Hathaway pared its stake in the provider of kidney dialysis.
  
  MarketWatch - 4d
• 

  As Trump Slashes Federal Jobs, Alabama’s ‘Rocket City’ Braces for Impact

  In Huntsville, a city fueled by defense and aerospace, there is anxiety but also cautious optimism that federal investment may still come its way.
  
  The New York Times - 3d

• What the end of the penny means for the economy, your piggy bank, and the way America prices items

  President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be okay without the coin.
  
  CNBC - Feb. 10
• 

  Bank of America CEO on inflation impact on U.S. economy: 'Rates are going to stay where they are'

  Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve will probably hold off on cutting its benchmark interest rate.
  
  NBC News - 6d

More from Financial Times

• 

  Trump signals Ukraine to blame for war with Russia

  US president suggests Ukrainian election is overdue in first remarks after talks with Moscow
  
  Financial Times - 8h
• 

  EU agrees new Russia sanctions package

  Move takes aim at the country’s aluminium industry and further tightens restrictions on its oil exports
  
  Financial Times - 19m
• 

  How Europe can defend itself without US help

  European capitals are scrambling to fill the security gap should Donald Trump withdraw American military assets
  
  Financial Times - 3h
• 

  Trump’s late-night posts send currency traders to Asian markets

  US president’s out-of-hours policy statements and U-turns boost contracts traded in Singapore
  
  Financial Times - 3h
• 

  Is the UK’s new fraud compensation scheme already broken?

  New protections are meant to help victims of push payment scams, but experts say the system itself is in urgent need of repair
  
  Financial Times - 3h

More in Business

• UK inflation leaps to higher-than-expected 3% in January

  Economists polled by Reuters had expected a January reading of 2.8%.
  
  CNBC - 15m
• 

  EU agrees new Russia sanctions package

  Move takes aim at the country’s aluminium industry and further tightens restrictions on its oil exports
  
  Financial Times - 19m

• HSBC announces share buyback of up to $2 billion as annual profit jumps 6.5%

  HSBC on Wednesday reported annual pre-tax profit of $32.31 billion, marginally missing analysts' estimates.
  
  CNBC - 25m

• China’s DeepSeek has taken the world by storm. Here are the brains powering the AI sensation

  DeepSeek founder Liang has received the lion's share of media attention in recent weeks as his AI assistant ascended to the top of global app charts.
  
  CNBC - 1h
• 

  UK inflation rises to 10-month high of 3% in January

  Figure surpasses expectations and highlights challenge for Bank of England
  
  Financial Times - 1h