Warren Buffett. REUTERS/Rick Wilking Warren Buffett’s Berkshire Hathaway sold stocks and reduced buybacks last quarter.The famed investor’s company cashed out a net $3.9 billion of equities.Berkshire also bought back $6.6 billion of stock, down from about $9 billion last quarter.See more stories on Insider’s business page.Warren Buffett’s Berkshire Hathaway was a net seller of stocks…
Investing in the stock market always involves risk, but you can mitigate it by diversifying. Exchange-traded funds are diversified like mutual funds but are bought and sold like stocks. Three millionaires told Insider the rely on ETFs to continue building their wealth over time. Visit Personal Finance Insider for more stories. It can be hard…
Paul Constant is a writer at Civic Ventures and cohost of the “Pitchfork Economics” podcast with Nick Hanauer and David Goldstein. In the latest episode, they spoke with the Ben & Jerry’s cofounders about corporate activism. Greenfield says we need to “raise the bar” on what the threshold is to be an ethical business. See more stories…
India is battling an unprecedented COVID-19 surge that’s overwhelming hospitals and crematoriums. The WHO’s Europe head warned that this crisis could “happen anywhere.” Hans Kluge said easing restrictions on large gatherings could create a “perfect storm.” See more stories on Insider’s business page. The World Health Organization’s Europe leader warned that a coronavirus crisis similar…
Cybersecurity firm Darktrace hit an opening valuation of £1.7 billion ($2.37 billion) with its London IPO. The firm priced its shares at 250p and saw that soar as much as 38% in the opening hour Friday. It represents a stronger early performance by a tech company in London than Deliveroo’s IPO in March. See more…
Mannequins wrapped in red and white tape stand in front of the Brandenburger Gate in Berlin as part of an art installation. Michele Tantussi/Getty Images The Eurozone economy shrank in the first quarter, putting the bloc back into a recession. Rising coronavirus cases caused countries to reimpose lockdown measures, which hit growth. But the EU’s…
President Joe Biden gave his first address to a joint session of Congress on Wednesday. Biden called the Capitol riot an “existential crisis” for America that “desecrated our Democracy.” He also called for ambitious economic recovery plans on jobs, infrastructure, and childcare. See more stories on Insider’s business page. During his first address to a…
MyPillow CEO Mike Lindell made an appearance on Jimmy Kimmel’s late-night show on Wednesday night. The two had a 20-minute conversation, during which Lindell said he had not been home in months because of “death threats.” The two previously exchanged barbs after Kimmel mocked Lindell’s social network, Frank. See more stories on Insider’s business page.…
Moderna will make up to 3 billion doses of its COVID-19 vaccine in 2022, the biotech said Thursday. The CEO said “there will continue to be significant need” for shots and boosters in 2022 and 2023. The company is testing lower doses as booster shots, which could expand future supply. See more stories on Insider’s…
A newly released video shows NRA head LaPierre shooting an endangered elephant on a 2013 hunting trip. LaPierre repeatedly fails to kill the animal from close range; his guide eventually makes the kill. LaPierre’s wife, Susan, kills another elephant with ease and is filmed cutting off the animal’s tail. See more stories on Insider’s business…
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