The Food and Drug Administration has approved the first-ever medical treatment derived from a marijuana plant in the US. GW Pharmaceuticals childhood epilepsy drug, Epidiolex, is made of a cannabinoid, or CBD a component of marijuana that does not give users a high. It's given as an oil, and in clinical trials, it was show to reduce the number of seizures by about 40 percent.
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.
This industry-leading company is out of favor and worth buying now.
A big cash pile protects the above-average core operations of this stellar company.
M2 money supply hasn't done this in nine decades.
Berkshire Hathaway Inc shareholders on Saturday overwhelmingly rejected six proposals addressing environmental and social policy issues at Warren Buffett's conglomerate, all of which the billionaire investor and his board opposed. By margins of more than 4-to-1, shareholders at Berkshire's annual meeting voted against two proposals that the company's insurance and energy operations disclose more about their efforts to address climate change including greenhouse gas emissions. They also turned down a proposal for more disclosure about efforts to promote diversity, equity and inclusion in the workplace.
NEW YORK (Reuters) -Warren Buffett said on Saturday that Berkshire Hathaway sold its entire holding in media and entertainment company Paramount Global at a loss and he took sole responsibility for the decision. "It was 100% my decision, and we've sold it all, and we lost quite a bit of money," Buffett said at Berkshire's annual shareholder meeting in Omaha, Nebraska. Berkshire held 63.3 million Paramount Class B shares at the end of 2023 or about 10.1% of the company.
Dan Loeb bet on one of the cheaper Magnificent Seven stocks as an underrated AI play.
Trump Media's auditor was a "sham" and committed "massive fraud" for over two years, regulators said.
Buyout decisions have become increasingly common for those with a pension plan. If you get this offer, the most important questions to deal with include when you would you receive the payout, and how long you expect to live. The earlier you would receive a lump sum payout, the more it will be worth to you […] The post Should I Take a $48,000 Lump Sum or $462 Monthly Payments for a Pension Annuity? appeared first on SmartReads by SmartAsset.
Bill Gross thinks a few other MLPs are more attractive than Enterprise Products Partners right now.