Warren Buffett slashes Apple stake as he boosts cash to record high

Berkshire’s stock-selling spree extends for eighth quarter, with $166bn dumped over the period

Business - Financial Times - 1 hour ago

Warren Buffett continued to sell down his Apple stake, cutting about a quarter in the third period

The Oracle of Omaha downsized Apple — his biggest equity holding — for a fourth quarter in a row.

Business - CNBC - 4 hours ago

Warren Buffett sitting on billions as Berkshire Hathaway sells Apple stock

Berkshire said in its earnings report Saturday that it sold off roughly another 100 million Apple shares in the third quarter after halving its massive investment in the iPhone maker last quarter.

Warren Buffett says he won't back any candidate ahead of election

Billionaire Warren Buffet indicated he will not support either candidate for president in a memo released on his company's website Wednesday. “In light of the increased usage of social media, ...

Politics - The Hill - October 23

Warren Buffett's Berkshire Hathaway hikes its SiriusXM stake to 32% after Liberty deal

Berkshire hiked its bet after Liberty Media completed its deal in early September to combine its tracking stocks with the rest of the entertainment company.

Business - CNBC - October 14

Warren Buffett — worried about impersonators — says he doesn't endorse candidates or investments

Warren Buffett is worried about a rise in impersonators looking to capitalize on his name by purporting to be him recommending an investment product or political candidate on social media.

Warren Buffett — worried about impersonators — says he doesn't endorse candidates or investments

Buffett's actions were triggered in part by a fake political endorsement alerted to him on Meta's Instagram.

Business - CNBC - October 23

Secondary sales of private equity stakes set for record levels amid cash crunch

Once-niche market sees surge in activity with investors looking for an exit from ageing assets as deal activity slumps

Business - Financial Times - October 16

Warren Buffett Shares the Single Decision That Makes or Breaks Your Path to Success

The legendary investor shares a key strategy to his success, and he’s eager to help you achieve it too.

Business - Inc. - October 22

Why raising more cash is a smart portfolio move — even with stocks at record highs

The key to long-term success in the stock market is to avoid taking on more and more risk.

Business - MarketWatch - October 19

Hong Kong slashes tax on spirits to boost nightlife

Chinese territory’s chief executive John Lee tries to turn around economy amid fall in tourism and consumption

Business - Financial Times - October 16

Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – business live

Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.. Volkswagen Financial Services has apologised for the ...

World - The Guardian - October 21

Warren Buffett isn’t endorsing any candidates even as other billionaires back Trump or Harris

Billionaire investor Warren Buffett isn’t endorsing any political candidates or investment products and doesn’t want investors to get duped into thinking otherwise.

Business - MarketWatch - October 23

Warren Buffett Said What Separates Successful People From Everyone Else Comes Down to 3 Words

Warren Buffett shares another classic piece of advice on becoming successful.

Business - Inc. - 2 days ago

FM pushes for significant NHS cash boost in budget

Eluned Morgan is keen to see investment in the English NHS, which would mean more for Wales as well.

Berkshire Hathaway's cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks

The Omaha-based conglomerate saw its cash fortress swell to a record $325.2 billion by the end of September.

Business - CNBC - 4 hours ago

The NHS and education are big winners in Reeves’ spending plan

But some Whitehall departments including the Home Office face real terms cuts to their budgets

World - Financial Times - 2 days ago

Inside the high-stakes race for a Montana Senate seat

It's not just the presidency that will be decided on Election Day. Voters will also decide which party controls the Senate. Right now, Democrats hold a one-seat edge, but the party is defending 23 ...

UK Prime Minister Keir Starmer vows to slash regulatory red tape in bid to boost investment

U.K. Prime Minister Keir Starmer on Monday vowed to slash regulatory red tape to boost anaemic investment in the country.

Business - CNBC - October 14

Apple, Meta and Amazon must show the stock market that AI spending is paying off

Big-tech bellwethers facing scrutiny on whether they are meeting competitive challenges.

Business - MarketWatch - 2 days ago

Control of Congress at stake in high-profile contests across the US

The battle for control of Congress is just as tight as the 2024 presidential race, highlighted by a handful of high-profile contests coast-to-coast. NBC’s Ryan Nobles reports for TODAY.

Politics - NBC News - October 22

High stakes in Georgian election as voters decide path in Europe

World - Yahoo News - October 26

High-stakes vote decides Georgia's future path in Europe

The pro-Western president calls for a "new Georgia" after years of increasingly authoritarian rule.

Apple Sales Hit Quarterly Record as iPhone Business Rebounds

Apple reported revenue reached an all-time high for the September quarter, propelled by a modest rebound in iPhone sales that came ahead of its release of new artificial-intelligence tools.

Business - The Wall Street Journal - Yesterday

FirstFT: HSBC overhaul to divide businesses along east-west lines

Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity push

World - Financial Times - October 22

Cocaine use fuels record high in drug deaths

The number of drug-poisoning deaths registered in England and Wales has hit the highest level since 1993.

Boeing’s record $21bn fundraising boosts hopes of avoiding downgrade

Aircraft maker is racing to ease pressure on its balance sheet exacerbated by a labour strike

Business - Financial Times - 3 days ago

Reeves signals hike in National Insurance for firms

The chancellor was speaking at the government's International Investment Summit, where deals worth £63bn were hailed.

Atlanta Hawks 2024-25 season preview: Why the stakes are high for Trae Young and Co.

Breaking down Atlanta's biggest question, best- and worst-case scenarios, and fantasy outlook.

Sports - Yahoo Sports - October 14

Hovde faces high-stakes moment in bid to unseat Democrat in Wisconsin Senate race

Republican Eric Hovde is facing a critical moment in Friday's first Wisconsin Senate debate amid signs he's closing in on Democrat Sen. Tammy Baldwin in one of the country's most competitive races ...

Politics - The Hill - October 18

College Football Playoff Bubble Watch: Alabama vs. Tennessee comes with high stakes, Texas Tech joins group

The annual rivalry showdown between the Tide and Vols carries some heavy CFP implications this weekend

Sports - CBS Sports - October 18

Britain faces warnings of a tech exodus over tax plans ahead of high-stakes budget

Technology bosses and investors warn the U.K. could face an exodus of entrepreneurs if the government hikes capital gains tax — a levy on investment profits.

Business - CNBC - October 21

Can Democrats still win in rural states? Montana’s Senate race offers high-stakes litmus test

Jon Tester is fighting to keep his Senate seat amid the prospect that Democrats like him are now facing political extinction in the state. He was a young and little-known underdog. So Max Baucus, ...

World - The Guardian - October 21

High-stakes pension plebiscite could turn Uruguay’s election in to its ‘Brexit moment’

On Sunday, Uruguayans will not only vote for a new president, but also a referendum that experts fear will cripple the economy. Uruguayans vote for their next president on Sunday, but the election ...

World - The Guardian - October 25

Real Madrid vs. Barcelona live stream: Where to watch El Clasico online, TV, Vinicius Jr. faces Raphinha

The two Brazil internationals scored hat tricks in midweek Champions League action

Sports - CBS Sports - October 26

'All hell has broken loose': Inside Elon Musk's high-stakes pro-Trump door-knocking effort

More than a half-dozen operatives and canvassers connected to America PAC described problems at the pro-Trump door-knocking organization.

Stakes high as women’s tennis becomes huge propaganda tool for Saudi Arabia | Tumaini Carayol

Hosting the women’s tennis tour’s flagship event in Saudi Arabia shows how sport’s balance of power has shifted. Before Carlos Alcaraz dismounted from the podium after his post-match interview in ...

World - The Guardian - Yesterday

Latest in Warren Buffett slashes Apple stake as he boosts cash to record high