Berkshire Hathaway becomes 9th company to hit $1 trillion capitalization
Warren Buffett's Berkshire Hathaway Wednesday became the 9th company in the world to surpass $1 trillion capitalization. Buffett's company had a record $277 billion in…
European Union proposes reduced tariffs on Tesla, Chinese-made EVs
The European Union on Tuesday introduced a draft proposal that would reduce the anticipated tariffs on several Chinese electric vehicle firms along with Tesla vehicles…
U.S. recession fears roil Asian, European stock markets
A passing pedestrian is reflected in the windows of the Australian Securities Exchange in Sydney on Monday. The bourse's ASX 200 index fell by 3.7%,…
Warren Buffett's Berkshire Hathaway slashes Apple stake by nearly hal
Billionaire investor Warren Buffett's Berkshire Hathaway has slashed its stake in Apple by nearly 50%, according to financial documents filed Saturday after technology stocks across…
Warren Buffett-led Berkshire Hathaway posts record $189B in cash reserves
Berkshire Hathaway reported record cash reserves of $189 billion during the first quarter of 2024. File Photo by John Angelillo/UPI | License Photo May 4…
Oxfam: Fortunes of world’s richest 5 men doubled since 2020 as billions became poorer
Owner of X and Tesla CEO Elon Musk is among the five richest men who saw their fortunes double since 2020, according to a new…
Buffett: Gov’t intervention in bank failures necessary to avoid ‘catastrophe’
Warren Buffet praised the government's recent intervention after several bank failures, saying Saturday it helped prevent a financial 'catastrophe.' File photo Kevin Dietsch/UPI | License…