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…
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 hooded man holds a laptop computer as blue screen with an exclamation mark is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/Illustration Government and industry officials confronting an epidemic of ransomware, where hackers freeze the computers of a target and demand a payoff, are zeroing in on cryptocurrency…
A Tesla supercharger is shown at a charging station in Santa Clarita, California, U.S. October 2, 2019. REUTERS/Mike Blake Tesla Inc (TSLA.O) said on Wednesday that the fair market value of bitcoin the electric carmaker held as of March 31 was $2.48 billion, suggesting it could stand to make around $1 billion dollars out of…
FILE PHOTO: Mastercard Inc. credit cards are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier/Illustration LONDON (Reuters) – Mastercard Inc and U.S. cryptocurrency exchange Gemini will launch the first credit card that gives users digital currency “rewards” on purchases this year, deepening the involvement of major payment firms in the emerging asset…
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The euro held at an eight-week high against the dollar on Monday despite a disappointing sentiment survey in Germany as expectations the U.S. Federal Reserve will maintain its dovish stance at a policy meeting weighed on the greenback. German business morale improved by less than expected in April as a third wave of COVID-19 infections…
Startup founders and investors say the “sextech” category has never been hotter. Half of adult Americans have gotten a COVID-19 vaccine, and that could lead to more sex this summer. Venture capital funding is flowing to these startups, as investors warm up to the vice category. See more stories on Insider’s business page. Last year,…
Bitcoin is down over 19% over the past week, falling from over $63,000 to just over $49,000 as of Saturday morning. Cryptocurrencies were hit after reports of Biden’s capital gains tax proposal and the uncertainty of how it will affect the cryptocurrency market. Jim Cramer shared why you should not fear the taxman and why…
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