Warren Buffett says Berkshire Hathaway buys shares in Amazon

[ad_1] Berkshire Hathaway buys shares in Amazon, according to a CNBC report released Thursday. Warren Buffett, president and CEO of Berkshire, did not directly buy Amazon shares himself. The shares were bought by "one of the bureau members who manage money," Buffett told CNBC, saying Buffett might be referring to investment managers Todd Combs or … Read more

Autonomy Will Make Tesla a $ 500 Billion Company

[ad_1] Elon Musk, President and CEO of Tesla Inc., smiles while speaking to the media in federal court in New York, United States, on Thursday, April 4, 2019. Natan Dvir | Bloomberg | Getty Images Citigroup and Goldman Sachs, who subscribe to Tesla's latest effort to raise $ 2 billion in additional funds, held a … Read more

FCA releases Magneti Marelli, parts supplier, for $ 6.5 billion

[ad_1] Photo: AP Images Fiat Chrysler Automobiles announced Thursday that it has sold the Italian-based Magneti Marelli parts supplier subsidiary to the Japanese holding company CK Holdings, itself the parent company of the competitive automotive parts supplier Calsonic Kansei. Magneti Marelli and Calsonic Kansei are in fact almost the same size in terms of annual … Read more

Allure of the Seas Cruises modified due to propulsion problems

[ad_1] (5:50 pm EDT) – Cruises booked on Royal Caribbean's Allure of the Seas from Sunday to October 2019 may see changes in their route. The line has replaced some ports of call and changed the arrival and departure times for others, as the vessel sailed at a reduced speed due to a mechanical problem. … Read more

Margaritas are good, but have you tried a paloma?

[ad_1] Photo: AlexPro9500 (iStock / Getty Images Plus) DrinkDrinkery celebrates beer, alcoholic beverages, coffee and other potable potables to go. Cinco De Mayo is the weekend, always a holiday motif and a sure sign that summer is coming. I can eat several tacos with the best of them, but there is one aspect of Cinco … Read more