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Investor Warren Buffett says the acquisition frenzy on Wall Street is making it hard for him to find deals at the right price, but his Berkshire Hathaway conglomerate recorded a $29 billion gain because of the tax... Investor Warren Buffett says the acquisition frenzy on Wall Street is making it hard for him to find deals at the right price, but his Berkshire Hathaway conglomerate recorded a $29 billion gain because of the tax reforms Congress passed. . FILE - In this Dec. 20, 2010 file photo, evangelist Billy Graham, 92, speaks during an interview at the Billy Graham Evangelistic Association headquarters in Charlotte, N.C. Graham, who died Wednesday, Feb. 21, 2018, at h... The Rev.
Stakes are high for President Donald Trump as he prepares to give his first State of the Union Address and is tasked with helping his party keep control of Congress in the midterm election. Veuer's Chandra Lanier has the story.
Registration will allow you to post comments on ctpost.com and create a ctpost.com Subscriber Portal account for you to manage subscriptions and email preferences. "I'm very pessimistic on weapons of mass destruction generally although I don't think that nuclear probably is quite as likely as either primarily biological and maybe cyber," Buffett said during Berkshire Hathaway's annual shareholders' meeting on Saturday.
U.S. President Donald Trump's plan to cut the corporate tax rate to 15 percent would be a tailwind for profitability at Warren Buffett's Berkshire Hathaway Inc., but won't fundamentally change how its business units operate, Buffett said. "The deferred taxes that are applicable to unrealized gains on securities would all be applicable to us," Buffett said during Berkshire's annual shareholders meeting on Saturday.
Warren Buffett says the proposed $143 billion offer to acquire Unilever, a deal with links to his company, fell apart quickly because the European company wasn't interested. Buffett said Monday on CNBC that his Berkshire Hathaway and 3G Capital abandoned Kraft Heinz Foods' bid for Unilever because they were interested only in a mutually agreed upon tie-up, not a hostile takeover.
In this Tuesday, Dec. 13, 2016 file photo, Bill Gates arrives to Trump Tower in New York. The eight individuals who own as much as half of the rest of the planet are all men, and have largely made their fortunes in technology.
Billionaire Warren Buffett was disappointed when Democrat Hillary Clinton lost the election last week, but he will support Republican Donald Trump as president. Buffett says he supports every president, and he hopes the country will coalesce behind Trump even if not everyone agrees with his policies.
The Financial Times had endorsed Hillary Clinton for president, proclaiming that the Democratic nominee "is manifestly more competent than Trump with his braggadocio, divisiveness and meanness." "Despite her faults, Mrs. Clinton is eminently qualified to be the first woman elected to the White House," the newspaper stated.
In a debate Sunday, Trump acknowledged using a nine-figure loss in 1995 to reduce tax obligations and sought to liken the move to strategies used by some of Democratic presidential nominee Hillary Clinton's wealthy supporters, including Buffett. On Monday, the billionaire Berkshire Hathaway chairman released information from his personal taxes and challenged the Republican presidential candidate to do the same.
While the biggest question of this presidential election year has yet to be answered, some stability should return to the stock market from now until November 8. "U.S. stocks swamp foreign ones in the back half of presidential election years," Forbes.com contributor Ken Fisher explains. "You should love that no one has heard thismeaning it isn't now discounted into pricing and thus remains a good bet," he said.