Warren Buffett is accelerating his charitable donations with aim to give away Berkshire wealth by 2034
Warren Buffett is speeding up the pace of his annual donations of Berkshire Hathaway shares to four family foundations, giving them a total of almost $6 billion now.
United Airlines’ new upsell: Keeping other travelers out of the middle seat
United Airlines will allow customers to pay more to keep the middle seat open on its Airbus A321XLRs
Warren Buffett excludes Gates Foundation from his annual donations of Berkshire stock
Warren Buffett omitted the Gates Foundation from his annual charitable stock gifts.
HSBC loses conviction in leading drugmaker, forecasts ‘tough path’ ahead
The bank’s analysts wrote in a note on Monday that they have downgraded the stock to ‘hold’, as the team “no longer finds the risk-reward balance attractive.”
IBM stock craters 25%, the worst day on record, after company issues second-quarter earnings warning
The CEO blamed the shortfall on weakness in the software and infrastructure business because clients shifted money toward hardware purchases.
Retail-trader ‘bottleneck bros’ eyeing AI supply chain can’t wait for SK Hynix options
For many of those retail tech traders, SK Hynix’s memory business reminds them of Micron – the paragon of the supply-chain bottleneck thesis.
Apple just hit an all-time high. KeyBanc says investors should sell the tech giant
Apple is likely to contend with slowing sales and weakening services revenue as it increases the prices of its smart devices, including iPhones, per KeyBanc.
Global shipping industry sounds the alarm over Trump’s Hormuz toll plan
For shipping giant Hapag-Lloyd, it is “fundamentally wrong” to charge tolls for passage through international waters, regardless of the country in charge.
Business declares war on Pentagon stock buyback, dividend restrictions moving in Senate
The provision was pushed by Sen. Elizabeth Warren, D-Mass., and was included in the National Defense Authorization Act on a bipartisan basis.
Is Hormuz open? Trump’s toll threat intensifies rush to bypass the Strait altogether
Gulf producers are increasingly relying on alternative routes to keep crude moving as shipping disruptions expose the risks of depending on the Strait of Hormuz.
