In this week’s sizzles, Walmart digital sales increase, Visa says contactless checkout is on the rise and Buffett’s Berkshire invests in Amazon. Fizzles include SoftBank shares sliding, retail sales fluctuating and the Supreme Court green-lighting the lawsuit against Apple. Call it the eCommerce wind beneath...
Apple’s move into streaming TV services has a notable skeptic: Berkshire Hathaway Chairman Warren Buffett. “I’d love to see them succeed, but that’s a company that can afford a mistake or two,” Buffett said at The Gatehouse’s Hands Up for Success luncheon on Thursday (March...
Berkshire Hathaway, the Omaha, Nebraska conglomerate owned by Warren Buffett, spent $4 billion in the third quarter for a stake in JPMorgan Chase, giving it big stakes in three of the four largest U.S. banks. According to a report in the Wall Street Journal, Berkshire...
Reversals, no matter how surprising, are always possible. On June 4, 1949 – 78 years ago today – the miracle at Dunkirk was completed, despite the fact that at the time, reversing the tide of war and rescuing the nearly 400,000 trapped British troops seemed...
May 04, 2020
The selloff begat the selloff. To that end, news came over the weekend that famed investor Warren Buffett, through his investment vehicle, Berkshire Hathaway, has sold all of its holdings in U.S. airlines. The firm sold its stakes in equities tied to a host of marquee names such as American Airlines, Southwest, Delta Airlines and others. […]
March 29, 2019
Apple’s move into streaming TV services has a notable skeptic: Berkshire Hathaway Chairman Warren Buffett. “I’d love to see them succeed, but that’s a company that can afford a mistake or two,” Buffett said at The Gatehouse’s Hands Up for Success luncheon on Thursday (March 28), according to CNBC. “You don’t want to buy stock […]
November 15, 2018
Berkshire Hathaway, the Omaha, Nebraska conglomerate owned by Warren Buffett, spent $4 billion in the third quarter for a stake in JPMorgan Chase, giving it big stakes in three of...
November 15, 2016
The Sage of Omaha has spoken when it comes to Walmart — and the result is not good for the Bentonville-based mega-retailer. Walmart may be the biggest retailer on Earth, according...
November 14, 2016
Is the U.S. economy weaker than some of the data might show? No less than the Sage of Omaha thinks it might be. In an interview with CNNMoney on Friday (Nov. 11), the world’s...
