3 May 2025, 21:31 Warren Buffett. Picture: Getty Warren Buffett is set to retire from his Berkshire Hathaway fund at the end of the year. Mr Buffett, who is one of the richest men in the world, said he will recommend to Berkshire Hathaway’s board that Greg Abel should become chief executive at the end
Berkshire Hathaway, the conglomerate run by Warren E. Buffett, reported a sharp drop in first-quarter earnings on Saturday as the company felt the effects of a declining stock market and braced for potential hits from President Trump’s trade policies. The company reported $9.6 billion in operating income, Mr. Buffett’s preferred measure, down 14 percent from
Amid all the outlaw-inspired Townes Van Zandt, Willie Nelson, and modern indie country on my playlist there’s plenty of neo-traditional ’80s and ’90s George Strait. Of course my four-year-old son has already memorized “All My Exes Live in Texas.” But I lean towards the crooning road-dog love ballad, “I’m Carrying Your Love With Me,” where
Sen. Tommy Tuberville, R-Ala., unpacks the White House’s deregulation agenda on ‘Kudlow.’ A stablecoin launched by Donald Trump’s World Liberty Financial crypto venture is being used by an Abu Dhabi investment firm for its $2 billion investment in crypto exchange Binance, one of World Liberty’s co-founders said on Thursday. It’s the latest in a series
U.S. Treasury Secretary Scott Bessent on the ‘win-win’ minerals deal with Ukraine, pushing for a trade deal with China and tariff ‘clarity,’ President Donald Trump’s tax cuts and other top legislative topics. After months of often hard-fought negotiations between the Trump administration and its Ukrainian counterparts, Washington and Kyiv have signed what has been dubbed
Cumax Wealth Manager Michael Lewis telling the company’s Spring Investment Forum at Terra Nova All-Suite hotel in St Andrew on Wednesday that its intention is to be the standard by which others are measured. CUMAX Wealth Management is rolling out a series of new offerings aimed at expanding investment access and addressing gaps in long-term
(Bloomberg) — Just weeks after winning his first Masters title, golf star Rory McIlroy is linking up with investment firm TPG Inc. to launch a sports fund, joining an increasing number of current athletes delving into asset management. The new venture, TPG Sports, has an anchor commitment from an investment vehicle managed by Lunate, an
Quick Take Summary is AI generated, newsroom reviewed. The US and Ukraine signed an economic partnership to jointly exploit Ukraine’s energy and mineral resources. The deal includes an investment fund for Ukraine’s recovery from the war with Russia. Washington: After months of tense negotiations, the United States and Ukraine have signed an “economic partnership agreement”
Technology investment trusts offer a smart route towards growth and innovation investing for investors. Some of the biggest names in the stock market are technology companies – but investment trusts can offer investors a more nuanced approach. With Magnificent Seven earnings season in full swing, technology stocks are front and centre of many investors’ minds.
Glenn Mathis is President and Chief Operating Officer of Integris, a national managed IT service provider. getty Businesses around the world are spending more on IT in 2025—a full 9.8% more than last year, according to the latest forecasts from Gartner. Yet, in my experience, too many companies are willing to invest in those new,