Latest in Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion
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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 - 20h -
Rivian beats Wall Street's fourth-quarter expectations, but expects lower deliveries in 2025
Rivian beat Wall Street's fourth-quarter earnings expectations and achieved its first gross quarterly profit but is forecasting lower sales in 2025.CNBC - 2d -
Buffett seeks to reassure shareholders over record cash pile
Billionaire investor trimmed equity portfolio and put money in Treasury billsFinancial Times - 14h -
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 - 1d -
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 - 19h -
Colorado Snowboarder Becomes Fourth Avalanche Victim in a Week
The victim was traveling on a terrain feature known as The Nose near Silverton, Colo., when the avalanche occurred on Thursday, officials said.The New York Times - 1d -
'I'm not a wealth hoarding boomer - my grandchildren want for nothing'
Money from boomers is propping up the next generation, rather than being hoarded, says a pensioner.BBC News - 1d -
Lee's 25 lead Princeton past Harvard 76-71
Led by Xaivian Lee's 25 points, the Princeton Tigers defeated the Harvard Crimson 76-71ABC News - 1d -
Swiatek stunned by Andreeva, 17, in Dubai quarters
World number two Iga Swiatek falls to a shock defeat by Russian teenager Mirra Andreeva in the Dubai Tennis Championships quarter-finals.Yahoo Sports - 2d -
Maria La Rosa’s Foil Balloon-Like Socks Are a Simple Luxury for Fans
They resemble foil balloons, make a crackling sound when slipped on and, for a growing number of people, have become a simple luxury.The New York Times - 3d -
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.The New York Times - 15h -
These are the factors weighing on Block’s stock after earnings
Block expects accelerating growth as the year goes on, but investors may have wanted more from the company’s overall gross-profit outlook.MarketWatch - 2d -
How much will a $10,000 CD earn by 2026?
You could see hefty returns on a CD at today's rates. Here's how much interest a $10,000 deposit could earn.CBS News - 1d -
Iona earns 65-60 victory over Manhattan
Led by Dejour Reaves' 18 points, the Iona Gaels defeated the Manhattan Jaspers 65-60ABC News - 1d -
Butler earns 84-72 win against DePaul
Led by Pierre Brooks' 24 points, the Butler Bulldogs defeated the DePaul Blue Demons 84-72ABC News - 6h -
Watchdog group sues for DOGE records
"The public must have insight into the operations of the Department of Government Efficiency," the watchdog group's executive director said.CBS News - 1d -
Ecuador will seek foreign military aid to combat drug cartels as violence surges
The government of Ecuador has taken another step in its effort to gain help from foreign military forces to combat drug cartels and various organized crime groupsABC News - 3d -
China's Alibaba sees revenue surge on back of artificial intelligence, e-commerce
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations as it capitalizes on the artificial intelligence boom in ChinaABC News - 2d -
Singapore fund managers face lengthy licence wait amid surge in applications
Demand partly driven by Chinese quants expanding abroad after crackdown at homeFinancial Times - 5h -
Decaffeinated Brazilians blame Lula for surging cost of morning brew
Food inflation weighs on the ratings of leftwing leader of Latin America’s largest nationFinancial Times - 5h -
With Explosive Goggles, Ukraine Sought to Blast Russian Drone Operators
A senior Ukrainian intelligence official confirmed the plot to blow up drone goggles. But it was unclear how much effect the scheme had on Russian forces.The New York Times - 2d -
Trump Dismantles Government Fight Against Foreign Influence Operations
Dozens of employees who had been working to fight foreign interference in U.S. elections have been reassigned or forced out, according to current and former officials.The New York Times - 2d -
Rob Gronkowski’s Home Was Once Robbed. It Wasn’t a Sophisticated Operation.
The burglary at Gronkowski’s house during Super Bowl LII was nothing like the ones of recent high-profile athletes.The New York Times - 2d -
The rise of browser-use agents: Why Convergence’s Proxy is beating OpenAI’s Operator
A new wave of AI-powered browser-use agents is emerging, promising to transform how enterprises interact with the web. These agents, including OpenAI's Operator and Convergence's Proxy, can ...VentureBeat - 17h -
Investors told of golden age of US-Saudi co-operation at Miami conference
Trump is strengthening bonds with the oil-rich kingdom as he strains ties with other traditional alliesFinancial Times - 3h -
Hargreaves Lansdown chief warns against scrapping cash Isa
Removing tax breaks on the popular saving product would be ‘dangerous’, says Dan OlleyFinancial Times - 2d -
With RFK Jr. in charge, supplement makers see chance to cash in
The FDA is already limited in policing claims of health benefits by makers of supplements and herbal remedies — a $70 billion industry. Get ready for even less regulation.CBS News - 2d -
Rich in cash, Japanese automaker Toyota builds a city to test futuristic mobility
Woven City near Mount Fuji is where Japanese automaker Toyota plans to test everyday living with robotics, artificial intelligence and autonomous zero-emissions transportationABC News - 23h -
‘It’s not ethical and it’s not medical’: how UK rehab clinics are cashing in on NAD+
They are beloved by A-listers and surging in popularity. But claims that NAD+ infusions are a fix for addiction are unproven, risky – and possibly illegal, an Observer investigation reveals. It ...The Guardian - 2h -
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. - 18h -
China’s record-breaking blockbuster buoyed by patriotic viewers
‘Ne Zha 2’ rakes in $1.7bn with help from companies organising group outings and repeat viewingsFinancial Times - 2d -
Record-breaking Arctic blast coming to an end
Nineteen states from Nebraska to Florida are facing cold weather alerts on Friday as a brutal Arctic blast persists -- but the warmup is finally on the way.ABC News - 1d -
Kendrick Lamar earns first UK number one with Not Like Us
The diss track, the knockout blow in his feud with Drake, is now number one in both the US and UK.BBC News - 1d -
Live Nation expects a big 2025, boosted by stadium shows, but sees some bumps in the first quarter
Live Nation Entertainment Inc. reported a dip in fourth-quarter sales Thursday, but that figure still came in above expectations, and the Ticketmaster parent said it expected bigger gains this year ...MarketWatch - 2d -
Texas Roadhouse gets off to slower current quarter start. But nothing it can't handle
This short-term headwind creates a long-term opportunity.CNBC - 2d -
Morant's 4th-quarter burst, Jackson's last-second block give Grizzlies 105-104 win over Magic
Ja Morant scored 10 of his 23 points in the fourth quarter and Jaren Jackson Jr. blocked a driving floater by Orlando’s Paolo Banchero in the final second to give the Memphis Grizzlies a 105-104 ...ABC News - 1d -
NIH Research Grants Lag Behind Last Year’s by $1 Billion
After weeks of disruption to scientific federal grants, the National Institutes of Health has fallen behind in funding research into treatments for deadly diseases.The New York Times - 4d -
UnitedHealth Medicare Advantage bombshell exposes $83 billion in government waste
Will Musk and Trump dare to take it on?MarketWatch - 1d -
$1.4 Billion Stolen From ByBit in Biggest Crypto Theft Ever
Plus: Apple turns off end-to-end encrypted iCloud backups in the UK after pressure to install a backdoor, and two spyware apps expose victim data—and the identities of people who installed the apps.Wired - 23h -
California governor asks Congress for nearly $40 billion for LA wildfire relief
California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfiresABC News - 6h