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Buffett's Berkshire suffers in pandemic even as Apple boosts profit (Reuters) - Warren Buffett's Berkshire Hathaway Inc reported lower quarterly operating results on Saturday and said the coronavirus pandemic may cause further damage, even as gains in stocks such as Apple Inc fueled a more than $30 billion overall profit.
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Bitcoin Price: Why The Bitcoin Bull Run Could Be Just Getting Started Bitcoin has exploded over the last month, adding almost 50% to its price and eliciting jubilation from the long-suffering cryptocurrency community. The bitcoin price, still some way off its all-time high of around $20,000 per bitcoin, has climbed through 2020, ...
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Profit jumps 82% at Warren Buffett's Berkshire Hathaway, but pandemic hurts business OMAHA, Neb. — Warren Buffett's conglomerate reported an 82% jump in its third-quarter profit as the value of its investment portfolio soared, but Berkshire Hathaway said the coronavirus pandemic continued to hurt its assorted businesses, such as BNSF ...
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Dow closes lower but posts best week since April as US election count proceeds U.S. stocks closed mostly lower Friday, ending a four-day winning streak yet still eking out the best week since April as investors sifted through October jobs data, continued to monitor election results, and weighed a surge in COVID-19 cases.
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'Skiing is a good thing': Skiers rejoice as Keystone opens for the season He'd been waiting ever since he was laid off by Vail Resorts in March when the company was forced to close its ski resorts when the novel coronavirus pandemic changed the world. In March, Lee was living in Vail Resorts employee housing while working for ...
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Final Five Unpublished Late-Breaking Clinical Trial Results Announced at VIVA20 SAN JOSE, Calif., Nov. 7, 2020 /PRNewswire/ -- VIVA Physicians, a not-for-profit organization dedicated to advancing the field of vascular medicine and intervention through education and research, announces the final round of anticipated late-breaking ...
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How Risky Is Aurora Cannabis Stock? Aurora Cannabis (NYSE:ACB) is easy to see as a particularly risky cannabis company, especially since its stock price effectively collapsed this year, dropping nearly 80% since Jan. 1. Between the pandemic's effect on retail revenue and an uncertain future for ...
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Combative US FDA panel votes against Biogen Alzheimer's drug (Reuters) - A panel of outside advisers to the U.S. Food and Drug Administration on Friday voted that a potential Alzheimer's treatment from Biogen Inc has not been proven to slow progression of the disease, a sharp rebuke to agency staff who earlier this ...
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Warren Buffett's Berkshire Hathaway bought back a record $9 billion in stock in the third quarter As the coronavirus pandemic weighs on its operating earnings and stock price, Berkshire Hathaway ramped up its stock repurchasing program even more in the third quarter, nearly doubling the record buyback from the second quarter. Warren Buffett's ...
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Drop in Jobless Rate Shows Healing US Labor Market The U.S. labor market regained another chunk of jobs lost during the pandemic-induced recession, sending unemployment down sharply in October amid other signs the economy is recovering. Employers added 638,000 jobs last month—the sixth straight ...
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