Warren Buffett's firm invests in the biggest homebuilders while reducing GM stake in portfolio moves
Warren Buffett’s company appears to be betting on the housing market picking up because Berkshire Hathaway bought more than $700 million worth of homebuilder DR Horton’s stock this spring along with smaller stakes in fellow builders Lennar Corp. and NVR Corp. Berkshire revealed those new investments Monday in a quarterly filing with the Securities and Exchange Commission that shows the conglomerate’s holdings as of the end of June
2023-08-15 07:25
ING Plans €2.5 Billion Buyback as Higher Rates Buoy Profit
ING Groep NV announced a bigger share buyback program than analysts had expected as higher interest rates continued
2023-11-02 15:57
Ukraine Recap: Kyiv’s Forces Claim a Breakthrough in Fighting
Ukrainian forces pierced the first line of Russian fortifications in the nation’s southeast and are fighting to widen
2023-08-29 03:45
Edmunds: 2023 Mercedes-Benz EQS vs. 2023 BMW i7
BMW and Mercedes-Benz are well known for their 7 Series and S-Class flagship sedans
2023-08-02 18:57
Dimon Sought for Fresh Deposition in JPMorgan Epstein Suit
Lawyers for a Jeffrey Epstein victim suing JPMorgan Chase & Co. over its ties to the disgraced financier
2023-06-09 23:56
Europe’s November Gas Contract Plummets as Demand Collapses
Natural gas prices in Europe slumped as unusually warm weather destroys demand already eroded by weak industrial consumption.
2023-10-03 18:46
Insider Q&A: Head of securities regulators' group on how to look out for investment scams
Scammers targeting investors are using fears of a recession and high inflation to put new wrappers on their ruses, but the underlying scams are still pretty much the same, says Andrew Hartnett
2023-07-17 20:16
Britain approves new North Sea oil drilling in welcome news for the industry but not activists
British regulators have approved new oil and gas drilling at a site in the North Sea
2023-09-27 17:17
Oregon extends crab fishing restrictions to protect whales from getting caught in trap ropes
Oregon has extended rules restricting the number of crab traps in the water and how deep they can drop in the late-season months when humpback whales are more likely to swim there
2023-08-06 05:49
Fed's Waller Says 'Too Soon to Tell' If More Interest Rate Hikes Needed
Federal Reserve Governor Christopher Waller said the US central bank can wait and gather more data before deciding
2023-10-19 01:49
Coinbase CEO Says SEC Changed ‘Tone’ Last Year: Bloomberg Invest
The Bloomberg Invest conference kicked off Wednesday, with some of the most influential leaders in finance gathering in
2023-06-08 00:58
Bank of England’s Shock Rate Rise Divides UK Economist Reaction
The Bank of England’s shock decision to raise borrowing costs a half percentage point divided business groups, consumer
2023-06-22 20:52
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