Warren Buffett’s highly anticipated Berkshire Hathaway annual letter to shareholders, released Saturday, praised his core U.S. holdings as well as his penchant for Japan. “We own a small percentage of a dozen or so very large and highly profitable businesses with household names such as Apple, American Express, Coca-Cola and Moody’s,” he wrote. “Many of
Warren Buffett’s highly anticipated Berkshire Hathaway annual letter to shareholders, released Saturday, praised his core U.S. holdings as well as his penchant for Japan. “We own a small percentage of a dozen or so very large and highly profitable businesses with household names such as Apple, American Express, Coca-Cola and Moody’s,” he wrote. “Many of
Berkshire Hathaway chairman and CEO Warren Buffett on Saturday released his annual letter, which touted the company’s record-setting tax payments last year and urged the federal government to spend the money wisely. Buffett recalled how, when he first bought Berkshire Hathaway 60 years ago, his longtime business partner Charlie Munger warned him that what was
In Warren Buffett’s annual letter to shareholders he reflects on the 2024 year: “Berkshire did better than I expected, though 53% of our 189 operating businesses reported a decline in earnings. We were aided by a predictable large gain in investment income as Treasury Bill yields improved and we substantially increased our holdings of these
What might potential policy actions with regard to trade, taxation, deregulation, immigration and more mean for the economy and the markets? Join Morgan Stanley Wealth Management Chief Investment Officer, Lisa Shalett, on Tuesday, February 25, for a conversation with Chief Economic Strategist and Global Head of Thematic and Macro Investing, Ellen Zentner, and Head of
-Stocks end volatile week with steep losses; gold keeps climbing -DOGE floats the idea of a hefty refund for taxpayers if waste can be cut -Buzz: Elon Musk breaks out the chainsaw -Do we need the IRS? Our new commerce secretary says nope! -UnitedHealthcare is in hot water with the DOJ: WSJ -Trump blasts Boeing
Facebook parent company Meta recently announced that it approved bonuses of up to 200% for the company’s executives. In a filing with the Securities and Exchange Commission (SEC) dated Feb. 13, Meta said that its Compensation, Nominating and Governance Committee (CNGC) approved an increase in the target bonus percentage for named executives other than CEOÂ Mark
The CEO of Mercedes-Benz on Thursday signaled the company plans to invest more in the U.S. in the coming years and also discussed how tariffs could impact the automaker’s business. Mercedes-Benz CEO Ola Källenius said on a call with reporters after the company announced its quarterly earnings results that the company has “been operating in the United
Electric-truck maker Nikola Corp. filed for Chapter 11 bankruptcy protection on Wednesday after the company failed to overcome market and macroeconomic challenges. “Like other companies in the electric vehicle industry, we have faced various market and macroeconomic factors that have impacted our ability to operate,” CEO Steve Girsky said in a statement. Girsky said the
WW International and advisors to its lenders have reportedly taken a step in talking about potentially restructuring the company’s debt. The Wall Street Journal reported, citing unnamed sources, that WeightWatchers, which became WW International several years ago, and the lender advisors recently entered into a confidentiality agreement. The company’s financial forecasts and strategy have been