Buffett Munger BYD exits stake

(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett. You can sign up here to receive it every Friday evening in your inbox.) Berkshire totally exits its profitable stake in Chinese EV maker Berkshire Hathaway has completely exited its extremely profitable equity investment in the Chinese electric vehicle maker BYD….

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McConnell joins Democrats to defend US NATO membership

Senator Mitch McConnell (R-Ky.) joined Democratic lawmakers to support US membership in the North Atlantic Treaty Organization (NATO) after President Trump said he was considering withdrawing from the alliance. McConnell said, “NATO is the most successful military alliance in history. It has strengthened the security of the United States for more than 70 years.” Source…

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‘Health is the new luxury’ as wellness spending soars

Equinox’s $40,000-a-year membership has a waiting list of more than 1,000 people, as demand for luxury health and wellness programs soars, according to the company’s chairman. The high-end fitness chain’s “Optimize by Equinox,” launched in 2024, is one of the most expensive gym memberships in the world and includes everything from personal training and nutrition…

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