Warren Buffett’s Berkshire Hathaway reported a 71% increase in operating earnings for the fourth quarter, reaching a record $14.5 billion. Operating profit for 2024 rose 27% to $47.4 […]
Economy
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Warren Buffett offers Donald Trump some advice while celebrating Berkshire Hathaway’s success
OMAHA, Neb. (AP) — Warren Buffett, in his annual letter to shareholders, celebrated the successes of Berkshire Hathaway’s companies over the past year and since he took over […]
Economy
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Fintech Founder Charlie Javice’s Criminal Trial Begins Amid Allegations of Fraud
The criminal trial of fintech startup founder Charlie Javice commenced on Friday, as lawyers presented their opening arguments, according to a Reuters report. The case stems from a […]
Economy
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Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion
Berkshire Hathaway reported a significant increase in fourth-quarter earnings from its operating businesses, largely driven by its insurance sector, while its cash reserves reached an all-time high. The […]
Economy
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Trump Administration Fires Key Public Health Workers, Jeopardizing Critical Health Missions
In an unprecedented move, the Trump administration has fired hundreds of federal workers responsible for tackling life-or-death public health issues. These employees were tasked with addressing critical challenges […]
Economy
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Americans are down on the economy, but CEOs are full of optimism
Americans are feeling significantly worse about the economy compared to a month ago, with consumer sentiment dropping across all age and income groups. However, CEOs are displaying optimism […]
Economy
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Differences Emerge Between PepsiCo and Coca-Cola on Diversity Initiatives
PepsiCo has confirmed that it is discontinuing some of its diversity, equity, and inclusion (DEI) initiatives, while Coca-Cola continues to voice support for its own inclusion efforts. In […]
Economy
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Cryptocurrency theft of £1.1bn could be biggest ever
Cryptocurrency firm Bybit reported a theft of $1.5 billion (£1.1 billion) worth of digital currency, potentially marking the largest crypto heist in history. The Dubai-based company reassured users […]
Economy
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UnitedHealth Shares Drop 7% Amid DOJ Investigation into Medicare Billing Practices
Shares of UnitedHealth experienced a significant decline on Friday following a report by The Wall Street Journal indicating that the U.S. Department of Justice (DOJ) is investigating the […]
Economy
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Dow tumbles more than 700 points as inflation and tariff fears mount
US stock markets experienced a significant decline on Friday following an economic report indicating growing concerns among American consumers about price increases and the potential impact of President […]