Visitors (L) dressed in kimonos look at photos they took during a visit to Sensoji Temple in the Asakusa district of central Tokyo on September 16, 2025. Richard A. Brooks | Afp | Getty Images After living in Tokyo for over a year, Karin Nordin noticed something peculiar. The hot spring towns of Kusatsu and…
The stocks erased some of those losses to end the week down around 1.2%. CNBC.com’s Yun Li quotes Keefe, Bruyette & Woods analyst Meyer Shields as saying he views “both the resumed share repurchases and Greg’s commitment to annual buying as positives, but they don’t change the earnings challenges at units like GEICO or Berkshire Hathaway…
It’s difficult to describe the U.S. economy in black and white terms like “good” or “bad.” On several fronts, the data says the economy is healthy. But surveys show American consumers don’t feel that way. “There’s no doubt right now that different data can show slightly different narratives,” says Heather Long, chief economist at Navy…
Greg Abel speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Berkshire Hathaway said Thursday it has resumed repurchasing its own shares for the first time since 2024 and separately new CEO Greg Abel purchased $15 million worth of stock himself, an amount equal to his after-tax annual…
When you get as many things going wrong as there are right now, you do not think about opportunity; you think about safety. I get that. We have the most uncertain of times in the Mideast after the U.S. and Israel attacked Iran this weekend. We have a man-made inflationary event — the closing of…
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Abel: Berkshire’s culture and values ‘remain unchanged and will continue into perpetuity’ In his first letter to Berkshire Hathaway shareholders, new CEO Greg Abel…
Berkshire Hathaway‘s Greg Abel used his first annual shareholder letter as chief executive to reassure investors that the conglomerate’s culture of financial conservatism and disciplined investing established under Warren Buffett will continue “into perpetuity.” “I am honored by our Board’s decision to appoint me CEO of Berkshire and humbled to succeed Warren as I write…
Now available on your favorite food delivery app: restaurant reservations. The still-simmering reservation wars of the last decade could fully reignite this year, as a shifting tech landscape pits some of the biggest players against each other to capture businesses and users alike. Reservation incumbents, delivery app newcomers and premium credit card partnerships are all…
No United Airlines credit card? Soon you’ll earn fewer miles than other travelers. United is overhauling its MileagePlus frequent flyer program to reward travelers with more miles and lower redemption rates, including for some of its long-haul business-class seats — if they have one of the airline’s credit cards. It’s the latest move by an…
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Berkshire was a net seller of stocks in Buffett’s final quarter as CEO Zoom In IconArrows pointing outwards Berkshire has sold Apple shares…
