Warren Buffett reveals big stakes in Verizon, Chevron

[ad_1] Warren Buffett’s Berkshire Hathaway announced two major new investments on Tuesday, revealing an $ 8.6 billion stake in phone company Verizon Communications and a $ 4.1 billion stake in oil company Chevron. The investments were disclosed in a regulatory filing detailing Berkshire’s U.S.-listed shares as of December 31. Berkshire also unveiled a new $ … Read more

Mitsubishi tries to reinvent itself with its SUV debut on Amazon

[ad_1] Mitsubishi’s email invitation to the Outlander’s debut featured a photo of an oversized Amazon shipping box sitting in an aisle. The automaker has not announced any further plans to collaborate with Amazon to market the Outlander or any of its other models. As part of a larger effort to revamp its lineup, Mitsubishi introduced … Read more

Black McDonald’s franchise owner files racial discrimination complaint against fast food giant – WJW FOX 8 News Cleveland

[ad_1] Black McDonald’s franchise owner sued the fast food giant for racial discriminationWJW FOX 8 Cleveland News Black franchise owner sues McDonald’s, citing persistent biasYahoo News This retired baseball player built the largest black-owned McDonald’s franchise. Now he’s suing the fast food chain for its “racist” policies.The Washington Post Black franchise owner sues McDonald’sAssociated press … Read more

Elon Musk’s SpaceX Raised $ 850 Million At $ 419.99 Per Share

[ad_1] The SN9 spacecraft prototype is launched from the company’s development site in Boca Chica, Texas. SpaceX SpaceX completed another monstrous $ 850 million funding round last week, people close to the funding told CNBC, pushing the company’s valuation up to around $ 74 billion. The company raised the new funds at $ 419.99 a … Read more

Warren Buffett sells JPMorgan Chase shares and buys Verizon

[ad_1] He also bought stakes in Dow components Chevron (CVX) and Verizon (VZ) in the fourth quarter of last year. Buffett Berkshire Hathaway (BRKA) revealed Tuesday in its latest quarterly filing with the Securities and Exchange Commission that the industrial conglomerate no longer owns shares of JPMorgan Chase (JPM), PNC (PNC) or M&T Bank (Mountain … Read more

Hedge Fund signs deal to buy Tribune Publishing

[ad_1] The newspaper industry has struggled for much of the 21st century, as the rise of digital media has profoundly reduced the revenues once generated from print advertising and newsstand sales. At the same time, Facebook and Google have grabbed a huge chunk of digital ad revenue, blocking the industry from one of its traditional … Read more

Tilray, Aphria are on fire, and if you should buy – Seeking Alpha

[ad_1] Tilray, Aphria are on fire, and if you should buySeeking Alpha To profit from planned Tilray and Aphria merger, buy Aphria, analyst saysMarketWatch Why Aphria Stock has skyrocketed todayMotley crazy Tilray is too wild for his own goodInvestorPlace Why the worst case scenario in the stock market depends on these 3 ingredientsMarketWatch View full … Read more

Texas power outage: why natural gas dropped during winter storm

[ad_1] Failures in Texas natural gas operations and supply chains due to extreme temperatures are the biggest cause of the electricity crisis that left millions of Texans without heat and power during the winter storm that swept across the United States. From frozen natural gas wells to frozen wind turbines, all sources of electricity generation … Read more

Warren Buffett and Berkshire Hathaway take stake in healthcare company

[ad_1] The main Fox Business Flash titles are here. Find out what clicks on FoxBusiness.com. Warren Buffett and his company Berkshire Hathaway increased their stake in DaVita Inc., a healthcare company specializing in kidney health and disease. AMAZON-BERKSHIRE-JPMORGAN SANTÉ VENTURE, HAVEN, CLOSING IN FEBRUARY According to a February 12 regulatory filing with the Securities and … Read more

Winter storm delays 200,000 vaccines for Florida

[ad_1] JACKSONVILLE, Florida – A winter storm leaving behind icy roads, power outages and dangerously low temperatures from the southwest to the Canadian border has delayed shipments of coronavirus vaccines to Florida, according to the chief emergency officer of the State. Jared Moskowitz, the outgoing director of the Florida Division of Emergency Management, said on … Read more