Berkshire Reports Drop in Profits but Formidable Cash Stockpile
The company’s first-quarter earnings were released before its annual investor meeting in Omaha.
Posted inBerkshire Hathaway Inc BNSF Railway Buffett, Warren E internal-storyline-no Jain, Ajit Mergers, Acquisitions and Divestitures Munger, Charles T Occidental Petroleum Corporation Omaha (Neb) Standard & Poor's 500-Stock Index Stocks and Bonds
What Will Warren Buffett Bet on Next?
Berkshire Hathaway shareholders will gather in Omaha for the conglomerate’s annual meeting on Saturday, with questions about the company’s future.
Posted inFederal Reserve System Inflation (Economics) Interest Rates internal-storyline-no Labor and Jobs Labor Department (US) Organization for Economic Cooperation and Development Powell, Jerome H Recession and Depression Stocks and Bonds
What Will It Take for the Fed to Lower Interest Rates?
Stubbornly high inflation has scrambled the central bank’s outlook. Wall Street is now shifting focus to Friday’s jobs report for clues on its next move.
Posted inCable Television Media Mergers, Acquisitions and Divestitures Paramount Global Paramount Pictures Paramount Plus Redstone, Shari Skydance Productions LLC Stocks and Bonds
Bob Bakish, Paramount CEO, Steps Down as Company Weighs Merger
Mr. Bakish was once a staunch ally of Shari Redstone, Paramount’s controlling shareholder. His departure comes as the company considers a major merger.