Goldman Sachs paid pro golfer Patrick Cantlay more than $1 million annually, sources say
Goldman Sachs paid professional golfer Patrick Cantlay more than $1 million annually in a sponsorship deal linked to the bank’s…
Warren Buffett makes big donation before Thanksgiving, assures shareholders Berkshire is built to last
Warren Buffett donated more than $870 million in Berkshire Hathaway stock to four family foundations before Thanksgiving, assuring investors in a letter…
‘Funflation’ drives sporting event ticket prices up a whopping 25%
Dan Hornberger has been a fan of the National Football League’s Philadelphia Eagles for as long as he can remember.…
Legendary value investor’s firm launches new fund targeting ‘quality’ stocks
Legendary value investor Jeremy Grantham is betting on a special caliber of stocks with his firm’s first active ETF: the…
Charlie Munger says there isn’t the slightest chance Buffett traded own account to enrich himself
Berkshire Hathaway Vice Chairman Charlie Munger pushed back against a report that alleged his partner Warren Buffett at times traded…
Burberry shares sink 9% as luxury spending slowdown bites
LONDON — Burberry shares plunged 9% on Thursday after the British luxury fashion retailer warned that full-year operating profit will…
Citigroup begins layoffs as part of CEO Jane Fraser’s corporate overhaul
Citigroup will soon begin layoffs in CEO Jane Fraser’s corporate overhaul, CNBC has learned. Employees affected by the cuts will…
UBS boss Ermotti says ‘incredible’ bond demand is ‘a signal to the Swiss banking system’
UBS Group CEO Sergio Ermotti says the “incredible” market demand for the bank’s recent issuance of AT1 (additional tier one)…
New fund bets big on Eisenhower-era stocks
Investors concerned about the market may want to consider stocks that have stood the test of time — otherwise known…
IRS data reportedly shows Buffett traded Berkshire stocks in personal account, according to ProPublica
Warren Buffett reportedly traded stocks in his personal account that his conglomerate Berkshire Hathaway was buying and selling, a practice…
