Warren Buffett's holding company, Berkshire Hathaway, took a few new positions in the 2022 first quarter, including insurance company Markel (NYSE: MKL). That's an interesting partnership since Markel is often referred to as a "baby Berkshire," meaning it's reminiscent of Berkshire Hathaway itself.
The suspect in the deadly crash at the Swan Boat Club in Berlin Township on Saturday was arraigned Tuesday morning.
People love to hate bureaucracy, but regulatory agencies play key roles in modern society. Conservatives want to cut back their power, but a political scientist proposes a different option.
Boeing earnings for Q1 out early Wednesday will be bleak. A lot of bad news is priced into the Dow aerospace giant, but analysts see a return to profitability by Q3.
Two U.S. senators said they hope TikTok will remain in business in the U.S. under a new owner as the chamber prepared to vote on Tuesday on legislation requiring Chinese owner ByteDance to divest the popular short video app's U.S. assets. Senate Intelligence Committee Chair Mark Warner, a Democrat, said lawmakers recognized that the short video app is used by 170 million Americans, especially young people. Driven by concerns that China could access Americans' data or surveil them with the app, the U.S. House of Representatives passed bipartisan legislation on Saturday that would give ByteDance nine months to divest TikTok with a possible three-month extension.
A Niagara Falls police officer was arrested on three felony counts of third-degree rape, the Niagara County Sheriff's Office announced Tuesday.
The rally attempt gained steam Tuesday, but big tests loom. Tesla leapt as it signaled a cheap EV is on track. Elon Musk is on deck.
WASHINGTON (AP) — A man who became a fugitive after a federal jury convicted him of assaulting police officers during the U.S. Capitol riot was sentenced on Tuesday to six years in prison. David Joseph Gietzen, 31, of Sanford, North Carolina, struck a police officer with a pole during a mob's Jan. 6, 2021, attack on the Capitol. Gietzen told U.S. District Judge Carl Nichols that he didn't intend to hurt anybody that day. But he didn't express any regret or remorse for his actions on Jan. 6, when
Texas Instruments (TXN) reported first-quarter revenue that topped estimates and providing an upbeat outlook for the upcoming quarter. The semiconductor giant reported revenue of $3.66 billion, exceeding expectations of $3.6 billion. Furthermore, the company's forward guidance has surpassed expectations, forecasting revenue of up to $3.9 billion, where analysts were expecting $3.78 billion. Yahoo Finance's Julie Hyman and Jared Blikre break down the report. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
The State Highway 44 crash near Boise occurred around 2:23 p.m. Tuesday.
President Joe Biden on Tuesday blamed Donald Trump for Florida's upcoming abortion ban and other restrictions across the country that have imperiled access to care for pregnant women.
This relentless documentary takes us back in time to meet the women abused by glam-rock star Gary Glitter as children … and the roadies who tried to stop him (and set his wig on fire) 25 years before he finally got caught
ITV's new documentary Glitter: The Popstar Paedophile examines the crimes of shamed singer and convicted paedophile Gary Glitter, whose real name is Paul Gadd.
Global shares rose on Tuesday, with investors on Wall Street focused on earnings reports from the U.S. megacaps, and the yen tumbled to multi-year lows against the dollar and the euro. Treasury yields dipped after data showed U.S. business activity cooled to a four-month low. Easing concerns about the threat of a major re-escalation of tension in the Middle East and a focus on company earnings brought renewed risk appetite from investors.
Two U.S. senators said they hope TikTok will remain in business in the U.S. under a new owner as the chamber prepared to vote on Tuesday on legislation requiring Chinese owner ByteDance to divest the popular short video app's U.S. assets. Senate Intelligence Committee Chair Mark Warner, a Democrat, said lawmakers recognized that the short video app is used by 170 million Americans, especially young people. Driven by concerns that China could access Americans' data or surveil them with the app, the U.S. House of Representatives passed bipartisan legislation on Saturday that would give ByteDance nine months to divest TikTok with a possible three-month extension.
The Federal Reserve's case on whether or not to cut interest rates in 2024 is still not settled, leading many Wall Street analysts to adjust their forecasts for a market (^DJI, ^IXIC, ^GSPC) coming to terms with a revised rate reality. Citigroup strategists, however, have stayed firm in their beliefs that there will be rate cuts as early as June or July. Citi Economist Veronica Clark joins Market Domination to discuss why Citi's Fed forecasts aren't budging. Clark states plainly: "We have a base case for June still and it very well could be July, but I think the fundamental difference for us is that we really do see this Fed as having a more dovish reaction function. It's not that we see some magical slowing in the inflation data, if anything we think inflation is pretty sticky, but we think this is a Fed that is looking at some of this labor market data, even survey data that we had this morning and the PMI services employment number, and really getting worried that we might be entering a weaker labor market and really wants to prevent that." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
Arsenal 5-0 Chelsea: Kai Havertz and Ben White both scored twice as the Gunners go three points clear at the top of the table
Unified Command says 35-foot deep channel to open at end of week
Tesla (TSLA) reported first quarter results that missed analyst estimates on both the top and bottom lines. Adjusted earnings per share of $0.45 fell short of the $0.52 Wall Street was expecting. Revenue of $21.3 billion fell short of the estimated $22.3 billion. Operating income also missed, $1.17 billion versus the $1.53 billion estimate. However, the company said it plans to accelerate the launch of new models, including a more affordable one. Yahoo Finance's Julie Hyman and Jared Blikre are joined by Roth MKM Senior Research Analyst Craig Irwin to break down the results. On the earnings, Irwin credits Tesla for better-than-expected gross margin results, but says the company "needs to start growing again." Irwin gives his thoughts on what to expect from the conference call for Tesla's earnings: "They're going to give it a shot to get us excited about robotics and AI on the call. Elon has got some explaining to do, FSD, the price was only ever supposed to go up and we got 12,000 to 8,000 this last week and I guess subscriptions are no longer $200 a month or $100 a month, and they're really pushing hard on FSD and personally, I'm a bear, but there are people out there that like it. We'd need to see attach rate goes up, and for there to be some elasticity of demand here. I'm kind of skeptical." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.This post was written by Nicholas Jacobino and Stephanie Mikulich
Arsenal 5-0 Chelsea: Without Cole Palmer, Mauricio Pochettino’s side crumbled as Kai Havertz scored twice against his former club
Out-of-state placements continue to take place, but there's increased scrutiny over those placements after issues were discovered last year at a Tennessee facility.
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