Associate Editor Reese Counts brings a 1981 Toyota Land Cruiser FJ43 to the office and takes it out on the road. The retro Land Cruiser is heavily upfitted by the FJ Company which includes a 4-liter V6 engine that makes 240 horsepower, an iPad center console, and a backup camera. Read the full the story at autoblog.com
What does it mean to be wealthy? According to a survey conducted by Empower, the definition of a high-net-worth individual (HNWI) varies considerably among U.S. adults. While the widely accepted benchmark classifies HNWI as someone with at least $1 million in liquid assets, the median response from surveyed adults pegged it at $400,000. Despite this lower threshold, 74% of respondents believe achieving high-net-worth status is unlikely for them. A slim margin, 3%, confirmed they have reached thi
Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The figures were heavily influenced by a large drop in the paper value of Berkshire’s investments. Buffett encourages investors to pay more attention to the conglomerate’s operating earnings that exclude the investment figures.
"As early as this summer, a proposed move could begin to unleash almost $1tn into consumers' wallets. By the autumn, it could be on its way to $2tn."
A big cash pile protects the above-average core operations of this stellar company.
This industry-leading company is out of favor and worth buying now.
Berkshire Hathaway cut its stake in Apple by about 13% as its cash pile hit a record high in the first quarter. A bearish signal all around?
MPLX is a well-oiled cash-producing machine.
Intel stock continued a 2024 slump in late April after the chip maker provided disappointing guidance. With the shares trading at their lows for this year, CEO Pat Gelsinger bought up Intel stock on the open market. According to forms he filed with the Securities and Exchange Commission, Gelsinger purchased the stock through a family trust that now owns 39,400 shares.
Four industry-leading businesses with deceptively fast earnings growth rates are ripe for the picking by opportunistic investors.
There's a silver lining to closing down its other restaurant concept.