OMAHA, Neb. — Warren Buffett’s company reported a steep drop in earnings Saturday because the paper value of its investments fell, but the tens of thousands of shareholders filling an Omaha arena to hear Buffett answer questions at the annual meeting later can take heart that Berkshire‘s Hathaway’s many businesses performed well. Berkshire reported a […]
WASHINGTON (AP) — The Biden administration has reached an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants in Arizona, Ohio, New Mexico and Oregon. President Biden plans to talk up the investment on Wednesday as he visits Intel‘s campus in Chandler, Arizona, […]
Despite the fact that U.S. government officials have been allegedly looking toward American divestment from Communist China, American pension funds continue to invest in China to the tune of billions of dollars. The Chinese Communist Party (CCP) is America’s main and existential enemy in the world. The CCP is […]
On Thursday, two of the world’s largest financial institutions are cutting ties with Climate Action 100+, delivering the latest setback for the globe’s biggest coalition of investors seeking to pressure corporations to ditch fossil fuel investments. The asset management arms of JPMorgan Chase and State Street dropped out of Climate Action 100+, home to more […]
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