Attorneys for a Warren Buffett-owned railway are expected to argue before a jury on Friday that the railroad should not be held liable for hauling asbestos into a Montana town that allegedly sickened — and even killed — hundreds.
Renowned investor Warren Buffett, the founder and CEO of Berkshire Hathaway (NYSE: BRK.A), has long been associated with his strategic investment approach, particularly a preference for companies with a strong track record of paying dividends.
While earlier discussions focused on the Federal Reserve's potential interest rate cuts, that's no longer a surefire proposition, thus warranting consideration for stocks for Fed hikes. Let's break this matter down.
Globe Life stock plummeted 53% in a single day after a bearish report from Fuzzy Panda Research. After interviewing former executives and agents, the short-seller accused the insurer of "extensive" and "obvious" fraud.
There's a lot to be worried about with the stock market right now. Sticky inflation has kicked the timing of interest rate cuts down the road to this fall, the military conflict in the Middle East is escalating, bond yields are marching higher, and corporate earnings for this year's first quarter are, so far, mixed at best.
Warren Buffett hopes Berkshire Hathaway will reach a $1 trillion market cap, as its shares are near all-time highs and the market cap is close to $900 billion. Berkshire Hathaway is a unique conglomerate with a large cash reserve, a significant investment portfolio, and diverse operating companies across various industries. The current rate environment is favorable for Berkshire, as it can gene...
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