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An early investor in Warren Buffett’s Berkshire Hathaway is now worth $3 billion – and joined the Forbes 400 this year

Jennifer DuBois -
An early Berkshire Hathaway investor joined the Forbes 400 list of wealthiest Americans this year.Stewart Horejsi, who first bought into Warren Buffett's company...
Business

BlackBerry Plans IPO for Its Internet of Things Business

Jennifer DuBois -
(Bloomberg) -- BlackBerry Ltd., wrapping up a strategic review of its options, plans to hold an initial public offering for the company’s Internet...
Business

Sam Bankman-Fried Made Reasonable Business Decisions, Lawyers Claim

Jennifer DuBois -
Sam Bankman-Fried’s cryptocurrency exchange FTX may have lost at least $8 billion in customer money, but he “didn’t intend to defraud anyone,” his...
Business

Costco is seeing a gold rush. What’s behind the demand for its 1-ounce gold bars?

Jennifer DuBois -
NEW YORK (AP) — Looking for something to add to your Costco cart along with the 30 rolls of toilet paper? How about...
Business

EV maker Rivian plans $1.5 billion convertible bond sale, shares fall

Jennifer DuBois -
By Savyata Mishra and Abhirup Roy(Reuters) -Electric-vehicle maker Rivian Automotive on Wednesday said it plans to sell convertible green bonds worth $1.5 billion...
Business

AT&T Exploring Options for DirecTV as Pay-TV Subscriptions Continue Decline

Jennifer DuBois -
(Bloomberg) -- AT&T Inc. has begun to explore options for its 70% stake in DirecTV as it approaches the end of an agreement...
Business

Long Bonds’ Historic 46% Meltdown Rivals Burst of Dot-Com Bubble

Jennifer DuBois -
(Bloomberg) -- Losses on longer-dated Treasuries are beginning to rival some of the most notorious market meltdowns in US history.Most Read from BloombergBonds...
Business

Top CD Rates Today: Earn 5.75% to 6.00% With One of These 13 CDs

Jennifer DuBois -
Although CD rate movement was quiet today, that's still good news—because it means you can still earn a record 6.00% APY with one...
Business

Intel’s Planned Spinoff Is A Sign The Chipmaker Needs Cash

Jennifer DuBois -
Wall Street analysts say Intel's (INTC) plan to separate its programmable chip business into a stand-alone company signals that the chipmaker needs cash...
Business

Teva Hooks Immunology Powerhouse Sanofi In $1.5 Billion Deal

Jennifer DuBois -
Teva stock dipped Wednesday after the company announced it would partner with Sanofi (SNY) to develop a potential blockbuster immunology drug. X The drug belongs...
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