An apartment building is seen behind an Edenor electric company power distribution plant in Buenos Aires, Argentina, January 30, 2017. REUTERS/Marcos Brindicci/File PhotoArgentina’s major power distribution firms Edenor and Edesur will hike electricity prices by 9% in and around the city of Buenos Aires, the national regulator said on Saturday, the first rise since a…
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…
Tech companies in Silicon Valley, the geography, have had an incredible year. But one indicator points to longer-term changes. The internal rate of return (IRR) for companies in other startup hub cities has been even better. A big new analysis by AngelList showed aggregate IRR of 19.4% per year on syndicated deals elsewhere versus 17.5%…
Apple faces an antitrust complaint in Europe, TikTok has a new CEO and YouTube TV disappears from Roku. This is your Daily Crunch for April 30, 2021. Also, this is my last day at TechCrunch, and therefore my last day writing The Daily Crunch. It’s been a blast rounding up the news for all of…
SAN DIEGO, May 1, 2021 /PRNewswire/ — Johnson Fistel, LLP is investigating potential claims on behalf of Resideo Technologies, Inc. (the “Company” or “Resideo”) (REZI) – Get Report against certain of its officers. On March 30, 2021, Judge Wilhelmina M. Wright granted in part and denied in part defendants’ motion to dismiss a shareholder class action lawsuit pending…
Jim Cramer, the founder of TheStreet, calls detractors of FAANG “pound sand,” meaning “get lost,” on Twitter Thursday. Stocks end higher as data point to a brisk recovery for the U.S. economy with earnings from Amazon (AMZN) – Get Report, Facebook (FB) – Get Report, Apple (AAPL) – Get Report, and Alphabet (GOOGL) – Get…
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…
Topline A group of white farmers in the Midwest filed a lawsuit against the Biden administration on Thursday, alleging their exclusion from a federal pandemic loan forgiveness program targeted at minority farmers is a violation of their constitutional rights. Key Facts The program, launched as part of the American Rescue Plan passed in March, set…
Opinion – PoliticsOp-ed: As China forges global trade ties, U.S. risks falling behind despite early Biden winsKey PointsPresident Xi Jinping’s China is negotiating trade and investment agreements around the world, but both Republicans and Democrats in the U.S. have grown allergic to such deals.A lack of a coherent U.S. policy challenging China might undermine early…
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