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REUTERS/Ruben Sprich Gary Cohn, the former top economic adviser to President Donald Trump, responded to some of Sen. Elizabeth Warren’s criticism of Wall Street banks and the Trump administration on Monday. At a Reuters event, Cohn disagreed that the tax cuts enacted earlier this year primarily benefitted the wealthy. He also said Warren’s argument that […]
Bill Pugliano/Stringer/Getty Images The founder of a crypto-mining company claims to have installed billboards trolling Warren Buffett. Buffett famously compared bitcoin to rat poison earlier this month. Follow the price of bitcoin in real-time here. A cryptocurrency-mining company claims to be trolling billionaire investor Warren Buffett with billboards near his Omaha office. Marco Krohn, co-founder […]
(Reuters) — Billionaire investor Warren Buffett on Monday said buyers of bitcoin, which he has characterized as “rat poison squared,” thrive on the hope they’ll find other people who will pay more for it. Likening bitcoin demand to the tulip bulb mania in 17th century Holland, Buffett, the chairman and chief executive of Berkshire Hathaway […]
Billionaire Warren Buffett has been buying a boatload of Apple shares and on Saturday suggested he would buy even more shares at the right price. At Berkshire Hathaway’s annual shareholder meeting, Buffett credited Apple with developing “extremely sticky” products to which consumers become attached and endorsed Apple’s decision to buy back its own stock, saying […]
AP / Seth Wenig Warren Buffett, Berkshire Hathaway‘s CEO, said on Saturday that his personal views on gun control do not reflect the company’s thinking. “I do not believe in imposing my political opinions on the activities of our businesses,” Buffett told shareholders at the annual meeting. About two weeks after the Parkland, Florida high […]
The world’s third-wealthiest person, Warren Buffett, was not impressed by US President Donald Trump’s investing strategy in his Q&A session with students in 1991. He predicted the failure of Trump’s casino business. According to a document revealed by CNBC, when a Notre Dame University student asked Buffett about Trump’s casino business, the investor was not […]
Don’t expect Heidi Heitkamp and Elizabeth Warren to be campaigning together anytime soon. For the past week, Warren has been telling anyone who will listen that one-third of her fellow Democrats in the Senate are caving to Wall Street and bank lobbyists by joining Republicans in legislation to roll back a part of the 2010 […]
It was the biggest awards debacle of in all of Oscars history. You know what I’m talking about: the La La Land/Moonlight mix-up. At the 2017 Oscars, La La Land was mistakenly awarded Best Picture before panicked producers announced that Moonlight was the real winner, resulting in candid photos of shocked celebrities that could rival a […]
Rick Wilking/Reuters Warren Buffett’s annual letter to shareholders will be published around 7:45 a.m. ET on Saturday. Analysts at Morgan Stanley are paying attention to Buffett’s thoughts on succession and tax reform, among other topics. Follow Business Insider’s coverage of the letter on Saturday here. Warren Buffett‘s letter to shareholders will be released on Saturday. […]
Scott Olson / Getty Images Billionaire investor Warren Buffett has decided to retire from the Kraft Heinz board. Buffett, 87, has shed many of his non-Berkshire responsibilities in the last few years. Kraft Heinz said on Friday billionaire investor Warren Buffett has decided to retire from the company’s board following the end of his term […]
