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87%  
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Keyword: warrenbuffett

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  • Poor Rail Service Threatens US Economy, Shippers Tell Federal Regulators

    05/07/2022 8:01:51 PM PDT · by blam · 37 replies
    Zubu Brothers ^ | 5-7-2022 | Bill Stephens of Trains.com,
    Utilities are worried that the slowdown in coal deliveries could threaten U.S. electricity supply and destabilize the power grid.A BNSF train climbs Edelstein Hill near Chillicothe, Ill.Chemical producers say erratic rail service has forced them to curtail production of essentials like chlorine used to treat public drinking water systems and the plastics used in medical products. And one of the nation’s largest retailers of diesel fuel, renewable diesel, ethanol, and diesel exhaust fluid says Union Pacific’s plan to cut its shipments by 50% will create fuel shortages, bring trucking to a halt, and raise prices at the pump. Those were...
  • World's First Killshot Murder Trial: India Charges Bill Gates and Adar Poonawalla, Seeks Death Penalty

    12/07/2021 4:13:44 PM PST · by UMCRevMom@aol.com · 22 replies
    https://starfirecodes ^ | Nov 30 | The Starfire Codes
    The Indian Bar Association (IBA) reports that murder charges were filed in India’s High Court The Indian Bar Association (IBA) reports that murder charges were filed in India’s High Court against two billionaires responsible for the AstraZeneca’s COVID-19 vaccine, Covishield. Bill Gates and Adar Poonawalla, the CEO of Serum Institute of India (SII), are being charged with the murder of a 23-year-old man who was injected with the shot. Serum Institute of India (SII), Adar Poonawalla’s company, produces Covishield, as well as over half of the entire world’s vaccines that are injected into babies. The criminal complaint also names “other...
  • Buffett Foundation Gave $196,388,893 to National Abortion Federation Between 2003-2020

    11/30/2021 8:00:14 AM PST · by JV3MRC · 19 replies
    NewsBusters ^ | 11/30/2021 | Joseph Vazquez
    It turns out that the Billion-Dollar King of Abortion’s philanthropic organization gave close to $200 million to just one extremist abortion group that prides itself as being the “professional association of abortion providers.” Warren Buffett’s Susan Thompson Buffett Foundation gave at least a whopping $196,388,893 between 2003 and 2020 alone to the National Abortion Federation (NAF), according to Foundation Directory Online data. NAF boasts that its mission is to “unite, represent, serve, and support abortion providers in delivering patient-centered, evidence-based care.” It also states that it “provides direct services to patients who need help accessing abortion care.” In addition, NAF...
  • How Do Your Eating Habits Compare to Warren Buffett, Elon Musk and Bill Gates? These Are the Billionaires' Favorite Foods to Snack On

    11/10/2021 12:56:11 PM PST · by nickcarraway · 33 replies
    Houston Chronicle ^ | Nov. 7, 2021 | Jessica Thomas
    From midnight cereal snacks to McDonald's runs, loving junk food is one way billionaires are just like us.Although the life of a billionaire looks glamorous from the outside — private jets, mansions around the world, Michelin-starred restaurants — in some ways billionaires can be shockingly down to earth. Case in point: Warren Buffett and Bill Gates, two of the richest people in the world, prefer a McDonald’s burger to most high-end cuisine. Read on for more insights into seven billionaires’ favorite snacks. Jeff Bezos The Amazon founder reportedly makes time for a healthful breakfast whenever possible. His preferred order isn’t...
  • Elon Musk Now Worth More Than Warren Buffett And Bill Gates Combined Thanks To Strong Tesla, SpaceX Valuations

    10/17/2021 2:31:04 AM PDT · by SmokingJoe · 21 replies
    Benzinga vis MSN ^ | October 16 2021 | Kris Katje
    © Provided by Benzinga The world’s richest man keeps getting richer. This week, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk passed another significant milestone with a wealth greater than two executives who once topped the list. What Happened: Musk is worth $236 billion, according to the Bloomberg Billionaires Index. That total puts Musk ahead of Amazon.com Inc (NASDAQ: AMZN) founder Jeff Bezos, who Musk superseded in January. Bezos topped the list from 2017 to 2021. More impressive, Musk is now worth more than Microsoft Corporation (NASDAQ: MSFT) co-founder Bill Gates and Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) founder Warren Buffett combined....
  • The Truth About Inequality

    08/28/2021 3:17:04 AM PDT · by Kaslin · 13 replies
    Townhall.com ^ | August 28, 2021 | John C. Goodman
    Inequality is almost universally condemned by the intellectual elite. But most of the rest of the world doesn’t think inequality is such a bad thing. According to polling by Gallup, there are 138 million people in the world today who would like to immigrate to the United States. Most of these people are poor. They tend to live in egalitarian surroundings – they and their neighbors are all equally poor. (The country with the highest percentage of would-be immigrants is Liberia.) Yet they want to come to a country with a great deal of inequality, knowing they would start out...
  • Berkshire's Munger says China right to clip Ma's wings

    07/01/2021 9:06:42 AM PDT · by Dr. Thorne · 14 replies
    Reuters.com via MSN ^ | June 30, 2021 | Reuters
    June 30 (Reuters) - Berkshire Hathaway Inc (BRKa.N) Vice Chairman Charlie Munger praised China's move to impose a sweeping restructuring on Jack Ma’s Ant Group, the fintech giant whose record $37 billion IPO was derailed by regulators in November. The 97-year-old told CNBC in an interview alongside Berkshire CEO and billionaire investor Warren Buffett that the United States should take a leaf out of China's book and "step in preemptively to stop speculation". "I don't want the, all of the Chinese system, but I certainly would like to have the financial part of it in my own country," he said...
  • SICK! Soros & Buffett-Funded Abortion Group Tries to Sway Faith Voters

    06/24/2021 5:57:47 AM PDT · by JV3MRC · 2 replies
    NewsBusters ^ | 6/24/2021 | Joseph Vazquez
    Liberal outlet Inside Philanthropy sang the praises of an extremist pro-abortion group funded by billionaires George Soros and Warren Buffett looking to revamp its baby slaughter advocacy. Catholics for Choice (CFC), a leftist organization that twists the tenets of faith to sanction the monstrous act of abortion, is being rebuilt and rebranded at a time when “the politics of reproductive rights are approaching a boiling point,” IP fearmongered. The outlet propped up the “challenge” of the new and extremist CFC President Jamie L. Manson: “To reach the millions of Catholics who comprise the ‘moveable middle’ of the faith electorate.” It...
  • Warren Buffett resigns from Gates Foundation, donates $4.1 billion

    06/23/2021 7:35:37 AM PDT · by SeekAndFind · 11 replies
    CBS News ^ | 06/23/2021 | Aimee Picchi
    Warren Buffett said he is stepping down from his role with the Bill and Melinda Gates Foundation, noting in a statement that he has been an "inactive" trustee of the organization. His decision to step down comes at an uncertain time for the foundation as the Gates last month announced they are divorcing after 27 years of marriage. "For years I have been a trustee — an inactive trustee at that — of only one recipient of my funds, the Bill and Melinda Gates Foundation (BMG)," Buffett wrote in the statement. "I am now resigning from that post, just as...
  • Report Cites Confidential IRS Data To Reveal Tax Histories Of Elon Musk, Jeff Bezos, Other Billionaires

    06/08/2021 11:03:43 AM PDT · by SunkenCiv · 33 replies
    Benzinga ^ | June 8, 2021 | Phil Hall
    Several of the richest U.S. corporate executives have either paid a fraction of their cumulative wealth in federal taxes of nothing at all, according to a new report from the nonprofit media outlet ProPublica.What Happened: In its coverage, ProPublica said "America's billionaires avail themselves of tax-avoidance strategies beyond the reach of ordinary people. Their wealth derives from the skyrocketing value of their assets, like stock and property. Those gains are not defined by U.S. laws as taxable income unless and until the billionaires sell."However, ProPublica did not offer evidence that the executives being spotlighted were violating the U.S. tax code.The...
  • Average gas prices in US reach $3 a gallon for the first time since 2014, AAA says

    05/12/2021 6:59:58 AM PDT · by 11th_VA · 38 replies
    News Observer ^ | May 12. 2012
    The average national gas price on Wednesday hit $3 per gallon for the first time since 2014. Costs have been on the rise since a cyberattack over the weekend forced Colonial Pipeline to temporarily shut down operations. The pipeline delivers nearly half of all fuel along the East Coast. “Areas including Mississippi, Tennessee and the east coast from Georgia into Delaware are most likely to experience limited fuel availability and price increases, as early as this week,” AAA spokesperson Jeanette McGee said Tuesday in a news release. “These states may see prices increase three to seven cents this week.” As...
  • Bloomberg News Whines Annual Buffett Letter Didn’t Address Racial Politics

    03/01/2021 9:08:15 AM PST · by JV3MRC · 11 replies
    NewsBusters ^ | 3/1/2021 | Joseph Vazquez
    Apparently, liberal billionaires like abortion megadonor Warren Buffett aren’t allowed to remain silent on toxic racial politics without enraging the easily triggered liberal media. Berkshire Hathaway CEO Warren Buffett released his annual letter to Berkshire Hathaway’s shareholders February 27. Bloomberg News reported Feb. 25 that Buffett had stayed quiet in 2020 amidst “a heated presidential election” and “a racial reckoning that sparked nationwide protests.” The outlet hoped that Buffett would have “a chance to break his silence with the release of his annual letter Saturday.” When the letter was released, Bloomberg News was enraged the billionaire still chose to steer...
  • Warren Buffett again encourages investors to bet on America

    02/27/2021 8:20:14 PM PST · by Olog-hai · 14 replies
    Dissociated Press ^ | February 27, 2021 | Josh Funk
    Billionaire Warren Buffett encouraged investors to maintain their faith in America’s economy and the businesses his Berkshire Hathaway conglomerate owns in a reassuring letter to his shareholders Saturday. Buffett hardly even addressed the coronavirus that ravaged many businesses last year, instead focusing on the long-term prospects for the railroad, utility and insurance businesses and stocks that belong to Berkshire Hathaway. But he said U.S. business will thrive over time in spite of the pandemic. “In its brief 232 years of existence, however, there has been no incubator for unleashing human potential like America. Despite some severe interruptions, our country’s economic...
  • MARKETS Warren Buffett says ‘never bet against America’ in letter trumpeting Berkshire’s U.S.-based assets

    02/27/2021 5:36:22 PM PST · by nickcarraway · 7 replies
    CNBC ^ | SAT, FEB 27 2021 | Yun Li
    Warren Buffett, the 90-year-old “Oracle of Omaha,” remains a firm believer in the American dream, saying in his closely watched annual shareholder letter to “never bet against America.” “In its brief 232 years of existence ... there has been no incubator for unleashing human potential like America,” the chairman and CEO of Berkshire Hathaway wrote in the letter released Saturday. “Despite some severe interruptions, our country’s economic progress has been breathtaking. Our unwavering conclusion: Never bet against America.” Buffett shared a fact in the letter to illustrate Berkshire’s American credentials. He said the conglomerate owns the biggest amount of U.S....
  • Donald Trump Jr. exposes the real reason Biden is blocking Keystone XL: This has nothing to do with the environment or even politics. It's all about the Benjamins.

    01/22/2021 8:32:12 AM PST · by SeekAndFind · 19 replies
    NOQ Report ^ | 01/22/2021 | Lorie Wimble
    Even before Joe Biden was inaugurated as president, he and his team were calling for an end to the Keystone Pipeline. The fourth leg of the energy project, Keystone XL, has been delayed, then resumed, and now delayed again by three presidents since 2015.It attracted opposition from environmentalists, becoming a symbol of the battle over climate change and fossil fuels. At least that’s the story we’ve been hearing from mainstream media, environmental groups, and the Biden administration. But Donald Trump Jr. has a different, more lucid take on what’s been happening.Also worth noting it doesn’t end oil transportation it just...
  • Is Warren Buffett the Wallet Behind Black Lives Matter?

    10/08/2020 9:06:45 AM PDT · by Clioman · 11 replies
    The Tablet ^ | October 6, 2020 | Sean Cooper
    The Tides Network is a powerful instrument leveraged by billionaires working to change America, while shielding their philanthropic dollars from public scrutiny. Here’s how it works...In any case, what’s clear is that there is now a sophisticated and complex structure underneath what many assume to be an organic and spontaneous social movement, one with deep pockets and ambitious goals. “After over fourteen years of learning and over 700 million dollars invested ... "the collapse we have been expecting is surely underway,” reads the NoVo Foundation’s website.
  • Warren Buffett campaigned for Obama and Clinton, but hasn't donated to or spoken out for Biden – and no one knows why

    09/14/2020 9:22:46 PM PDT · by ameribbean expat · 20 replies
    This time four years ago, Warren Buffett was publicly campaigning for Hillary Clinton, even planning a trolley ride to the polls with Omaha voters. The billionaire’s schedule looks a little different ahead of the 2020 election, however. Notably, it lacks any public political engagements. Buffett has yet to raise funds or campaign for this year’s Democratic presidential nominee, former vice-president Joe Biden
  • Warren Buffett confuses Wall Street as he buys gold, sells Goldman Sachs

    08/18/2020 8:45:37 AM PDT · by Red Badger · 56 replies
    NY Post ^ | August 17, 2020 | 4:22pm | By Thornton McEnery
    Warren Buffett has given up his long-held conviction against buying gold — and he’s meanwhile getting out of Goldman Sachs. The totemic tycoon revealed in filings late last week that he has scooped up more than 20 million shares of mining giant Barrick Gold Corp. even as he unloaded nearly all of his nearly 2 million shares in Goldman Sachs. The 89-year-old investing icon’s sudden embrace of the precious yellow metal — which has has previously derided as “useless,” saying that “anyone watching from Mars would be scratching their head” at the idea of investing in it — took many...
  • California governor asks Warren Buffett to back dam removal ( Klamath River - hydro-electric green energy )

    07/31/2020 12:17:58 PM PDT · by george76 · 66 replies
    ap ^ | July 30, 2020 | Robert Jablon,
    Gov. Gavin Newsom has appealed directly to investor Warren Buffett to support demolishing four hydroelectric dams on a river along the Oregon-California border ... which would be the largest dam removal in U.S. history. The dams are owned by PacificCorp, an Oregon-based utility that is part of Buffett’s Berkshire Hathaway Inc. conglomerate. The $450 million project would reshape California’s second-largest river and empty giant reservoirs. ... Newsom supports a 2016 agreement under which PacifiCorp would transfer its federal hydroelectric licenses for the dams to a nonprofit coalition, the Klamath River Renewal Corp., that was formed to oversee the demolition. ......
  • Diversify? Almost half of Warren Buffett’s Berkshire Hathaway portfolio is now composed of a single stock

    07/08/2020 8:33:52 AM PDT · by SeekAndFind · 39 replies
    Market Watch via Yahoo Finance ^ | 07/08/2020 | By Shawn Langlois
    Warren Buffett once said that “diversification is protection against ignorance. It makes little sense if you know what you are doing.” The take-away: Load up on what you know. Even if it’s a tech stock, apparently. A recent peek into Buffett’s Berkshire Hathaway BRK.A, BRK.B, $214 billion portfolio underscores that the Oracle of Omaha is following his own advice, considering how much stock Berkshire has accumulated in Apple AAPL. Buffett, thanks to Apple’s stellar run, now owns more than $91 billion’s worth of the iPhone maker, which constitutes 43% of the total Berkshire pie, according to figures cited by the...