Warren Buffett's company lost $44 billion last quarter, but it's not really bad news

Warren Buffett is just like the rest of us. He got crushed by the plunge in the stock market during the first half of the year. But the Oracle of Omaha is undeterred by the wildness on Wall Street. Berkshire Hathaway is still buying and many of the the company's diverse business lines are still thriving, even in these uncertain economic times.
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Warren Buffett's company lost $44 billion last quarter, but it's not really bad news
Warren Buffett is just like the rest of us. He got crushed by the plunge in the stock market during the first half of the year. But the Oracle of Omaha is undeterred by the wildness on Wall Street. Berkshire Hathaway is still buying and many of the the company's diverse business lines are still thriving, even in these uncertain economic times. Read more »
 
The meme stock craze is back: AMC, GameStop and Bed Bath & Beyond soar
Meme mania has returned to the stock market with a vengeance. Read more »
 
Landmark climate and health care bill won't crush corporate profits, Goldman Sachs says
Even as some business groups cry foul over the tax provisions in the Inflation Reduction Act, economists at Goldman Sachs say the landmark bill will barely put a dent in massive corporate profits. Read more »
 
Legal trouble delays Trump SPAC deal as buyer seeks more time to complete merger
After facing a series of regulatory obstacles, the shell company attempting to take over former President Donald Trump's social media platform needs to extend a looming deadline to complete the controversial deal. Read more »
 
Nasdaq's new diversity rules aren't enough
Wall Street is taking the call to increase corporate diversity seriously. At last. Read more »
 
Au secours! France is running out of mustard
Hoping to bring some mustard home from France? It might actually be the last place you'll find some at the moment. France's most notorious condiment is running out, and there is no sign of its return to the shelves. Read more »
 
 
 
 
Dow Nasdaq S&P
+29.07   -13.10   -5.13
32,832.54   12,644.46   4,140.06
+0.09%   -0.10%   -0.12%
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