Americans' rights are at stake here: Turley
Constitutional law expert Jonathan Turley argues against the arrest of Telegram founder Pavel Durov despite authorities’ claims … source
Elite aspirants, your future is at stake: Pick a side
The book “The End TimesPeter Turchin has argued that the American social pyramid has become top-heavy, with too many elites and “elite wannabes” competing for too few positions in the upper echelons of business and politics. When the balance between elites and the majority tilts too far in favor of the elites, serious political instability […]
‘It’s any football fan’s dream’: Ed Sheeran buys stake in boyhood club Ipswich Town | Ed Sheeran
Ed Sheeran has taken a minority stake in Ipswich Town, becoming the latest big-name star to invest in a football team. Born in West Yorkshire but raised in Framlingham, Suffolk, Sheeran is a lifelong fan of the Tractor Boys, who have been the shirt sponsor of both the men’s and women’s teams since 2021. The […]
Warren Buffett’s Berkshire discloses surprise stake in Ulta Beauty
Warren Buffett’s Berkshire Hathaway bought stakes in cosmetics chain Ulta Beauty and aircraft parts maker Heico in the second quarter, while also sharply reducing its large holdings of Apple stock. Berkshire held about 690,000 Ulta Beauty shares worth $266.3 million and 1.04 million Hico shares worth $185.4 million as of June 30, according to a […]
Bob Casey has stake in Chinese fentanyl maker: report
Chinese fentanyl manufacturers (and the funding they provide) are at the center of the U.S. Senate race between incumbent Sen. Bob Casey and his Republican opponent, Dave McCormick. Casey, 64, a third-term incumbent, accused McCormick, 58, of “profiting from people’s pain” through his role as CEO of hedge fund Bridgewater Associates, which under his leadership […]
NY pension fund bought $75M CrowdStrike stake before IT meltdown
A New York state pension fund is facing nearly $30 million in losses after buying CrowdStrike shares just before the tech company caused a global network outage and sent its stock price plummeting. The New York State Teachers Retirement System (NYSTRS) bought 197,462 shares of the Austin-based cybersecurity company in the second quarter of this […]
6 in 10 Americans say democracy at stake depending on election results: Survey
A new poll finds that many Americans believe democracy could be at risk depending on who wins November’s presidential election. According to a new poll from the Associated Press-NORC Research Center, Released ThursdayThe poll found that 59% of Americans believe the election could put democracy into question, including 67% of Democrats and 58% of Republicans. […]
Disney may have to pay $5B more for Comcast’s Hulu stake to resolve dispute
Walt Disney said Wednesday that the company may have to pay up to an additional $5 billion to acquire Comcast’s minority stake in Hulu if appraisers agree that Comcast should value its minority stake in Hulu at more than $40 billion. Disney and Comcast hired investment bank RBC Capital as an independent appraiser earlier this […]
Warren Buffett’s Berkshire cuts Apple stake by half, boosts cash stockpile to $277B
Neuberger Berman Senior Research Analyst Dan Flax predicts earnings for big tech companies and which stocks are well-positioned. Warren Buffett’s Berkshire Hathaway The company plans to sell about half of its Apple shares, increasing its cash holdings to about $277 billion, according to figures released on Saturday. Berkshire’s quarterly report It suggests that the 93-year-old […]
Warren Buffett surprises by slashing Berkshire Hathaway's longtime Apple stake
OMAHA, Neb. (AP) — Billionaire Warren Buffett has pared back Berkshire Hathaway’s large holdings of Apple stock, a move that could send shivers down the stock market as a whole, not only because Buffett is highly respected but also because there has been little positive financial news recently. Just two years ago, Buffett called Apple […]