markets

Berkshire cuts Apple investment by about 13%, Buffett hints that it’s for tax reasons

OMAHA, Nebraska — Warren Buffett’s Berkshire Hathaway cut its gigantic Apple stake in the first quarter as the “Oracle of…

Berkshire Hathaway operating earnings soar 39% as Buffett’s cash hoard swells to record $188 billion

Berkshire Hathaway reported Saturday a huge year-over-year increase in operating earnings in the first quarter, while its cash holdings bubbled…

Warren Buffett’s shopping extravaganza kicks off with Squishmallows pit, ‘Poor Charlie’s Almanack’

OMAHA, Neb. — Warren Buffett’s annual shopping event, the pregame to Berkshire Hathaway‘s annual meeting, is wowing shareholders flocking here…

First Berkshire Hathaway annual meeting without Charlie Munger: What to expect from Warren Buffett

When Warren Buffett kicks off Berkshire Hathaway‘s annual shareholder meeting on Saturday, the absence of Charlie Munger will be on…

SEC charges Trump Media auditor with ‘massive fraud’ on hundreds of companies, imposes lifetime ban

The auditing firm for Trump Media and the auditor’s owner were charged Friday with “massive fraud” by the Securities and…

U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%

The U.S. economy added fewer jobs than expected in April while the unemployment rate rose, lifting hopes that the Federal…

China’s automakers must adapt quickly or lose out on the EV boom in the face of regulatory scrutiny abroad and competition at home

BEIJING — Chinese automakers, including state-owned auto giant GAC Group, can’t afford to take it easy in the country’s electric…