Year: 2020

(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. piled funds into biotechnology company Biogen Inc. and supermarket operator Kroger Co. as it trimmed some of its bank wagers in the last few months of 2019.Berkshire’s Kroger investment, which totaled $549 million at the end of the year, was disclosed more than a year after Buffett’s conglomerate sold off its stake in retailing giant Walmart Inc. The company also built a $192 million stake in Biogen while trimming its stakes in Wells Fargo & Co., Goldman Sachs Group Inc. and Bank of America Corp., according to a regulatory filing Friday.Kroger shares surged …read more […]

Shares of Kroger popped in after-hours trade on Friday, on news that Berkshire Hathaway added nearly nineteen million shares of the grocery store chain, while reducing its stake in Wells Fargo, Goldman Sachs, and Bank of America. The Final Round panel discusses the details. …read more […]

(Bloomberg) — A former Apple Inc. chip executive sued for allegedly betraying the iPhone maker by launching a startup and poaching its employees accused the technology giant of doing the same to him.Gerard Williams III, who last year left his job as lead chip architect at Apple and co-founded Nuvia Inc., fired back with his own claims against his former employer. He says Apple tried to stop his firm from hiring its engineers while simultaneously recruiting staff from Nuvia.Apple’s lawsuit is designed to “suffocate the creation of new technologies and solutions by a new business, and to diminish the freedom …read more […]

Editor’s Note: Happy Valentine’s Day from Wealthy Retirement!
February 14 is a fun occasion (and reminder) to dedicate time to people in our lives who we appreciate.
But often, we forget that this list should include ourselves…
Today, Research Director Kristin Orman will share ways that you can take care of yourself this Valentine’s Day by treating yourself to a healthier and happier retirement.
Read on to discover gifts – beyond flowers and chocolates – that will make this season of appreciation and affection even more meaningful, especially if you’re “flying solo” this year.
(Though if you’re like me, you’ll also treat yourself to chocolate…)
– …read more […]

Warren Buffett’s holding company has added a familiar name, and scaled back on a few others. …read more […]

CNBC reporting that The White House is considering tax incentives so more U.S. households can invest in stocks. Yahoo Finance’s Jen Rogers, Myles Udland, and Brian Sozzi discuss on The Final Round. …read more […]