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

-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 CEO 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

-Stocks notch weekly gains despite mixed trading Friday  -Treasury Secretary Scott Bessent defends tariffs, after wheeling and dealing with Ukraine’s Zelenskyy  -Trump’s tariffs and reciprocal tariffs explained  -DOGE bulldozing hits Social Security, Federal Reserve next? -Inflation runs hot…again, as egg prices soar 53%  -Agriculture Secretary Brooke Rollins confirmed, along with Robert Kennedy, Jr. as Health

Texas has in recent years become a significant home for companies looking to relocate, including the latest —  the New York Stock Exchange’s “fully electronic equities change” NYSE Texas in Dallas.  The NYSE revealed Wednesday that it plans to add operations in Dallas by reincorporating its NYSE Chicago as NYSE Texas in the Lone Star

Jeff Bezos-founded space company Blue Origin plans to lay off about 10% of its workforce, according to a company-wide email obtained by FOX Business. Employees in some engineering, research and development, and “program/project management” positions will lose their jobs in the layoffs, according to the email from CEO Dave Limp. He told employees in the