Latest in Berkshire Continues Retreat
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Berkshire Continues Retreat From Stocks
The conglomerate reported on Saturday that it had cut its holdings in Apple and Bank of America and increased its cash to a record high in the third quarter.Business - The New York Times - November 2 -
Warren Buffett’s Apple trade exposes Berkshire’s dilemma
Tech stock bonanza helped obscure dearth of juicy opportunities for groupBusiness - Financial Times - November 4 -
Durable-goods orders retreat due to Boeing. Manufacturing slump goes on.
Orders at U.S. factories fell almost 1% in September — mostly due to fewer aircraft bookings — and showed little sign of a rebound in a slump-ridden manufacturing industry.Business - MarketWatch - October 25 -
Jobless claims retreat for third straight week, hit lowest level since May
Initial jobless claims fell by 12,000 to 216,000 in the week ending Oct. 26, compared with economists’ expectations that claims would rise to 230,000.Business - MarketWatch - October 31 -
The biometric retreat: executive getaways that fight stress with science
High-tech programmes use detailed health screening as the latest tool to reduce burnoutBusiness - Financial Times - November 3 -
Finding escape, sustainability and a sense of satisfaction on a sewing retreat
As the popularity of sewing continues to grow, Robyn Vinter attends a weekend workshop on the shores of Ullswater. In a room with breathtaking views of Ullswater, the tranquillity is punctuated by ...World - The Guardian - November 4 -
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.Top stories - CBS News - November 2 -
Saudi Arabia’s wealth fund pivots from international investments
Public Investment Fund will focus more of its financial firepower on domestic projectsBusiness - Financial Times - October 29 -
Oil prices end with a modest loss as Trump’s win lifts the dollar
Oil futures finished lower Wednesday, but pared much of the earlier losses that pulled U.S. prices briefly below $70 a barrel, as traders weighed the potential impact of former President Donald ...Business - MarketWatch - November 6 -
SoundHound diversifies its business beyond cars, but the hot AI stock retreats
The voice-based AI company is becoming less concentrated, as its top customer made up a far lower portion of overall revenue relative to a year before.Business - MarketWatch - November 13 -
Berkshire Hathaway's cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks
The Omaha, Nebraska-based conglomerate saw its cash fortress swell to a record $325.2 billion by the end of September.Business - CNBC - November 4 -
Berkshire’s Apple position now down by two thirds in 2024 after latest sales
Warren Buffett’s Berkshire Hathaway unloaded 25% more of its Apple position during the third quarter.Business - MarketWatch - November 2 -
Where Jim Cramer stands on Apple after more selling from Warren Buffett's Berkshire
Berkshire sold another chunk of Apple stock, cutting its stake by about 25% during the third quarter.Business - CNBC - November 4 -
Indonesia’s new President and ministers begin a military-style retreat which includes morning drills
Indonesia’s newly inaugurated President Prabowo Subianto and his cabinet ministers have started a military-style retreat at a military academy in the Java provinceWorld - ABC News - October 25 -
Sudden syphilis retreat in gay men is most likely tied to preventive antibiotic use
A new proven protocol in which doxycycline is used to prevent sexually transmitted infections — called doxyPEP — has been an apparent sleeper hit among gay and bisexual men.Top stories - NBC News - November 12 -
Search for Spain flooding survivors continues as torrential rain hits another region
More than 200 people are dead and dozens more still missing after torrential rain earlier this week.Top stories - BBC News - November 1 -
Scheyer: Duke's continued cramping 'concerning'
After another one of his star freshmen dealt with cramping issues, Duke Blue Devils coach Jon Scheyer said after Tuesday's 77-72 loss to the Kentucky Wildcats the recurring issue was "concerning," ...Sports - ESPN - November 13 -
Football 301 Playbook: How Jayden Daniels and Commanders can attack the Eagles in a tasty Thursday matchup
How have the Commanders built such an explosive offense around their rookie QB, and how will it hold up against a surging Eagles defense? Nate Tice breaks down a fascinating clash.Sports - Yahoo Sports - November 14 -
The race for the F1 constructors' title continues in Mexico City
Formula 1 heads to Mexico City for round 20. Check out this weekend's times, stats, predictions and preview.Sports - ESPN - October 27 -
Irish cruise, continue to 'utilize' loss to NIU
Notre Dame coach Marcus Freeman, who saw his Fighting Irish win their sixth straight game on Saturday vs. Navy, told reporters he occasionally shows clips of the team's Sept. 7 loss to Northern ...Sports - ESPN - October 26 -
Prada's Miu Miu Continues to Defy Luxury Slowdown
Prada posted an increase in revenue, buoyed by the popularity of its Miu Miu brand, and continues to buck a downturn in demand for high-end goods that is particularly acute in China.Business - The Wall Street Journal - October 30 -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
Maersk Profit Rises as Red Sea Disruptions Continue
Maersk’s third-quarter net profit jumped after continued disruptions in the Red Sea shipping lanes pushed freight rates higher.Business - The Wall Street Journal - October 31 -
STMicroelectronics Cuts Outlook Again on Continued Weak Demand
STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.Business - The Wall Street Journal - October 31 -
If losses continue, will Aaron Rodgers play out the string?
The Jets are 2-6.Sports - Yahoo Sports - October 31 -
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England will continue to back young players - Trescothick
England will continue to invest in youth despite a 12th defeat in 18 one-day internationals, says Marcus Trescothick.Top stories - BBC News - November 1 -
Four reasons the bull market for stocks can continue
Also: Apple and more Big Tech earnings, bond ETFs and some easy Medicare savings.Business - MarketWatch - November 2 -
Donald Trump’s freakshow continues unabated | Sidney Blumenthal
Trump insists on posing as the salient question of the election: are you crazier today than you were four years ago?. Donald Trump’s threat to execute Liz Cheney, “with a rifle standing there with ...World - The Guardian - November 2 -
Updates From Around the N.F.L. as Week 9 Continues
It’s the final Sunday before the trade deadline, which falls at 4 p.m. on Tuesday.Sports - The New York Times - November 3 -
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Anglo American Continues Coal Selloff With Australian Disposal
The global miner sold its interest in two steelmaking-coal mines in Australia for around $1.1 billion, advancing its coal-division selloff.Business - The Wall Street Journal - November 4 -
AD injures foot as Lakers' road woes continue
Anthony Davis will have his foot evaluated after he aggravated an injury late in the fourth quarter of Monday's loss at Detroit.Sports - ESPN - November 5 -
Slot outshines Alonso at Anfield as dream start continues
Xabi Alonso had been the chosen one among Liverpool fans to replace Jurgen Klopp, but Arne Slot has helped them move on with ease.Top stories - BBC News - November 5 -
Arsenal struggles continue in UCL loss to Inter
Inter Milan's Hakan Çalhanoglu maintained his incredible penalty record as his spot-kick secured a 1-0 victory for the Italians over Arsenal in the Champions League on Wednesday.Sports - ESPN - November 6 -
Browns continue to circle the wagons on Deshaun Watson trade
It's unclear whether the Browns privately acknowledge that the decision to trade for, and to give a five-year guaranteed contract to, quarterback Deshaun Watson was a mistake.Sports - Yahoo Sports - November 7 -