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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Trump H-1B visa tech foreign governments

U.S. President Donald Trump speaks as he sits next to a “Trump Gold Card” sign, in the Oval Office at the White House in Washington, D.C., U.S., Sept. 19, 2025. Ken Cedeno | Reuters Major technology companies and foreign governments are rushing to respond after President Donald Trump late Friday announced plans to impose a…

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Here’s why banks, credit card companies are wary of buy now, pay later loans

Buy now, pay later plans offer an attractive alternative to credit cards for consumers: They allow purchases to be split into short-term, typically interest-free installments. “Credit isn’t new. Credit’s been around for thousands of years and credit cards aren’t new. But they’ve had a hard time adapting to consumer needs,” said Michael Linford, chief operating…

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Fintech firm Lendbuzz files for IPO

Traders work at the New York Stock Exchange on Aug. 29, 2025. NYSE Lendbuzz, an auto finance fintech company, filed an IPO prospectus Friday. The Boston-based company is targeting a valuation of around $1.5 billion, according to a person familiar with the matter, who asked not to be named discussing internal matters. That valuation may…

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