Warren Buffett’s Berkshire Hathaway has made a big bet on Citigroup, as the legendary investor funnels some of the conglomerate’s mammoth cash hoard into stocks during this year’s market decline. Berkshire bought $3bn worth of shares in the Wall Street bank in the first quarter, giving the group a stake of about 2.8 per cent, […]
First American News – Raleigh, NC : Wells Fargo & Co. hired John LaVoie, a banker who covers private equity firms, from Royal Bank of Canada. LaVoie, who’s based in San Francisco, will join Wells Fargo this summer after a period of garden leave. He’ll report to Gary Wolfe, Wells Fargo’s head of strategic-investment firms. […]
First American News – Raleigh, NC: Elon Musk took a 9.2% stake in Twitter Inc. to become the platform’s biggest shareholder, a week after hinting he might shake up the social media industry. As Elon Musk Buys 9.2% Shares of the stock, Twitter shares surged as much as 27% after Musk’s purchase was revealed Monday […]
First American News: Bloomberg News now arrives on your phone, tv, and other smart devices Take Bloomberg digital and Bloomberg Tv at the office or on the road with this great offer 5-year digital subscription at the cost of $60. Bloomberg News Live reports today that as the war continues in Ukraine, global bond markets […]
Elon Musk has set up a goal to visit mars in 2026. His plans are very ambitious and seem very confident that he is sending people to Mars in 2026. Bloomberg Digital News Musk tweeted this week that he thinks a human landing will happen in 2029, but according to Bloomberg News and The Wall Street Journal, […]
First American News – Raleigh, NC Factors affecting cars, rent, energy, and other categories play roles in determining if a drop will occur To figure out where inflation is headed, don’t look at the overall economy, look under the hood Inflation surged from 2.5% in January 2021 to 7.5% in January 2022 and could edge […]
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