Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell more than analysts expected, as weakness in insurance underwriting, a slowing economy and trade woes weighed on the conglomerate run by billionaire Warren Buffett.
U.S. President Donald Trump said on Saturday that things are going well with China, insisting U.S. consumers are not paying for import taxes he has imposed on goods from that country although economists say Americans are footing the bill.
There’s a Polish saying I love: “Jakoś to będzie.” It means something along the lines of “It’ll be alright.”
It might sound like passive resignation, but it refers to optimism in the face of adversity. And it suits modern Poland perfectly.
When the Soviet Union fell in 1989, Poland was free for the first time in decades.
But its economy was in shambles. Its currency was less than worthless. It would have been easy to despair.
Instead the Poles put “Jakoś to będzie” into practice and chose optimism. They aggressively liberalized the country, embracing free market principles.
Poland became Europe’s fastest-growing economy. It avoided the …read more […]
Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell more than analysts expected, as weaker results from insurance underwriting and a slowing economy weighed on the conglomerate run by billionaire Warren Buffett.
Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell, as the conglomerate run by billionaire Warren Buffett reported less income from insurance underwriting.
Elon Musk will soon launch a China unit for his underground tunneling enterprise, The Boring Company, the billionaire entrepreneur said on Twitter.
WeWork owner The We Company has tapped JPMorgan Chase & Co to head an upcoming debt offering, putting the bank in pole position to lead a planned initial public offering (IPO) later this year, people familiar with the matter said.
Carmakers Nissan Motor Co and Renault SA are trying to reach a deal to reshape their global alliance, in hopes of reviving Renault’s merger talks with Italy’s Fiat Chrysler Automobiles NV , the Wall Street Journal reported on Friday, citing emails and people briefed on the talks.
U.S. Senator Mark Warner on Friday raised concerns over the Pentagon’s decision to put on hold a $10 billion cloud computing contract after President Donald Trump said his administration was examining Amazon.com Inc’s bid following complaints from other tech companies.
Top executives at Nissan Motor Co and Renault SA are trying to reach a deal to reshape their global alliance, in hopes to revive Renault’s merger talks with Fiat Chrysler Automobiles NV , the Wall Street Journal reported on Friday, citing emails and people briefed on the discussions.
U.S. Senator Mark Warner on Friday raised concerns over the Pentagon’s decision to put on hold a $10 billion cloud computing contract after President Donald Trump said his administration was examining Amazon.com Inc’s bid following complaints from other tech companies.
The U.S. Federal Aviation Administration said on Friday it had approved the first drone flight beyond the operator’s sight line, a major advance for retailers like Amazon.com Inc seeking to speed up deliveries by drone.
Quarterly reports next week from Walt Disney Co , CBS and Viacom will likely highlight increasing competition in video streaming and could spark volatility in the so-called communication services sector, which has outperformed since it was overhauled last year.
The Apple Inc credit card being launched with Goldman Sachs Group Inc will not allow the purchase of cryptocurrencies with the card, according to a customer agreement posted to Goldman’s website on Friday.
Weaker second-quarter refining and chemicals profits offset surging U.S. shale production at U.S. oil majors Exxon Mobil Corp and Chevron Corp , the two reported on Friday.
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