Text size Ted Weschler, portfolio manager for Berkshire Hathaway. Photograph by Daniel Acker/Bloomberg Ted Weschler, an investment lieutenant for Warren Buffett, sold out of a hugely successful invest...
Tag: Business
‘We live 5 minutes from our in-laws who have a larger home’: Is it a good idea to swap houses? Will I end up with a surprise tax bill?
I am a California resident. My husband and I own a 1,800-square-foot home that we bought in 2019 for $1.5 million. We have between 40% and 50% equity in the property due to a large down payment. We li...
Babies are protected from hospitalization for Covid if their moms get vaccinated, study suggests
Michelle Melton, who is 35 weeks pregnant, receives the Pfizer-BioNTech vaccine against the coronavirus disease (COVID-19) at Skippack Pharmacy in Schwenksville, Pennsylvania, February 11, 2021. Hanna...
ViacomCBS Is Changing Its Name. Subscribership Grew, but at a Cost.
Text size ViacomCBS is changing its name to Paramount Global. Dreamstime ViacomCBS reported a very solid quarter of streaming-subscriber gains on Tuesday, but that growth didn’t come cheaply. The comp...
More than 112 million viewers tune in
Los Angeles Rams’ Von Miller celebrates with the Vince Lombardi Trophy after winning Super Bowl LVI. Mike Segar | Reuters Super Bowl ratings rebounded from last year’s low, but the Nationa...
Airbnb, Roblox, Wynn Resorts & more
The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. Charles Platiau | Reuters Check out the companies making headlines in af...
Tim Hortons focuses its next phase of U.S. expansion on snowbirds and retirees
A pedestrian walks past a Tim Hortons restaurant. Ben Nelms | Bloomberg | Getty Images Tim Hortons is slated to open its first location in Houston this summer, signaling the Canadian coffee chain̵...
Senate confirms Biden FDA pick Califf, despite objections to drug industry ties
Robert Califf testifies during the Senate Health, Education, Labor and Pensions Committee hearing on the nomination to be commissioner of the Food and Drug Administration on Tuesday, Dec. 14, 2021. Bi...
Alec Baldwin, ‘Rust’ movie sued by Halyna Hutchins’ family
An aerial view of the film set on Bonanza Creek Ranch where Hollywood actor Alec Baldwin fatally shot cinematographer Halyna Hutchins and wounded a director when he discharged a prop gun on the movie ...
Nvidia’s Earnings Could Be a Big Win. What to Expect.
Text size Solid performance is expected in the chip maker’s gaming and data center businesses when it reports earnings Wednesday. Justin Sullivan/Getty Images Nvidia could be a big winner this e...
Walmart’s InHome hunts for ways to ditch single-use plastics
Walmart is trying to reduce its reliance on single-use plastic bags. It has a pilot program through its subscription grocery service, InHome. Nicholas Pizzolato When Walmart rolled out a new grocery d...
Nvidia Is Set Up for a ‘Significant Beat and Raise.’ Here’s Why.
Text size A sign is posted in front of the Nvidia headquarters in Santa Clara, California. Justin Sullivan/Getty Images Nvidia could be a big winner this earnings season, with profits driven by solid ...
Virgin Galactic stock rises as ticket sales reopen $150,000 deposit
Carrier aircraft VMS Eve is seen in the background shortly after releasing VSS Unity, which is firing its engine and acclerating during the company’s fourth spaceflight test, Unity 22, carrying ...
Taco Bell accelerates international growth, aims for $20 billion in annual sales
People eat at a newly-opened Taco Bell restaurant in Beijing on August 21, 2020. Greg Baker | AFP | Getty Images Taco Bell is accelerating its growth outside the U.S., opening 25% of its international...
Hasbro and Mattel have very different visions of the future
Customers shop for toys at a Target store on October 25, 2021 in Houston, Texas. Brandon Bell | Getty Images Hasbro and Mattel have very different ideas about the future of the toy industry. While bot...
Warren Buffett’s firm took big stake in Activision Blizzard ahead of Microsoft deal
OMAHA, Neb. — Warren Buffett’s company placed a rare bet on a technology company late last year and it has already paid off in a big way. Berkshire Hathaway BRK.B, -1.52% revealed in documents filed w...
Restaurant Brands International (QSR) Q4 2021 earnings
A Burger King restaurant seen in Milton, Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Restaurant Brands International on Tuesday reported quarterly earnings and revenue that to...
Ray Dalio’s Bridgewater boosts its bets on China
The world’s biggest hedge fund boosted its bet on Chinese companies in the fourth quarter. The latest 13-F filing from Bridgewater Associates shows the firm boosted the number of shares it’s held in A...
Wall Street Engaging in Crypto Business Operations (COIN, OWUV, APTY, AXXA)
HodlX Guest Post Submit Your Post Bitcoin is making headlines and waking up investors around the globe, including Wall Street. Aside from the investors, publicly traded companies are also shifting ...
Chinese NFT project Bored Wukong accused of monkey business
Chinese NFT project Bored Wukong attracted its fair share of bad publicity last week, following plagiarism accusations that started circulating on popular messaging app WeChat, reported South China Mo...
Avis Budget, Arista Networks & more
People wait in line at Avis rental agency in the Miami International Airport Car Rental Center on April 12, 2021 in Miami, Florida. Joe Raedle | Getty Images Check out the companies making headlines a...
Moderna, Pfizer stocks fall as Covid omicron wave subsides in U.S.
Moderna vaccines are prepared for application at a United States military vaccination centre at Camp Foster on April 28, 2021 in Ginowan, Japan. Carl Court | Getty Images Shares of the major Covid vac...
Western drought fueled by climate change is the worst in 1,200 years
A dried cracked lake bed at Lake Oroville during a drought in Oroville, California, U.S., on Monday, Oct. 11, 2021. David Paul Morris | Bloomberg | Getty Images The megadrought gripping the American W...
Russia crisis begins disrupting Ukraine air travel as insurers drop some aircraft coverage
An Ukraine International Airlines passenger plane is seen as Turkey’s first official spotter area has been put into service for aviation enthusiasts and photographers at Istanbul Airport in Ista...
5 things to know before the stock market opens Monday, February 14
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures steady after comments from Russia’s top diplomat Traders on the floor of the NYSE...
Jared Isaacman buys private SpaceX flights for Polaris Program
The Polaris Dawn mission crew, from left: Medical officer Anna Menon, pilot Scott Poteet, commander Jared Isaacman, and mission specialist Sarah Gillis. Polaris Program / John Kraus Jared Isaacman, th...
Inflation economic shock complete as Main Street tipping point reached
Joe Raedle | Getty Images News | Getty Images The latest Consumer Price Index reading, the highest in four decades, isn’t the only sign that inflation is extending rather than giving up its hold...
NFL sponsors Nike, Pepsi dominate 2022 Super Bowl exposure
Von Miller #40 of the Los Angeles Rams holds up the Vince Lombardi Trophy after Super Bowl LVI at SoFi Stadium on February 13, 2022 in Inglewood, California. The Los Angeles Rams defeated the Cincinna...
10 tech value stocks that at least 75% of analysts rate as a ‘buy’ right now
So far, 2022 is a year of value stocks. But some tech stocks fit that definition. Below is a high-conviction list of technology stocks among the S&P 500 SPX, +0.05% that have low valuations to ear...