Business

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Berkshire Hathaway buys full control of its energy unit

By Jonathan Stempel (Reuters) – Berkshire Hathaway (BRK-B) will take full ownership of Berkshire Hathaway Energy, after the unit of Warren Buffett’s conglomerate agreed to pay $2.37 billion for the 8% stake owned by the family of late billionaire philanthropist Walter Scott. According to a Tuesday regulatory filing, Berkshire Hathaway …

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Futures dip ahead of labor data; Powell signals modest rate cuts

(Reuters) – U.S. stock index futures were flat to slightly lower on Tuesday as investors awaited labor market data, a day after Federal Reserve Chair Jerome Powell pushed back against market expectations for outsized interest rate cuts. At an economics conference on Monday, Powell reiterated that the central bank is …

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2 Monster Stocks to Buy Now

Artificial intelligence (AI) has taken the world by storm over the last year. Demand for generative AI, which can create intelligent responses, images, and videos from simple text instructions, is booming and expected to grow exponentially in the years to come. Some of the most widely used generative AI applications …

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Berkshire Plans New Yen Bond Sale in Boost to Trading Houses

(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. is planning its second yen bond sale this year, fueling gains in trading houses on speculation it’s looking to boost investments in Japan. Most Read from Bloomberg Berkshire hired BofA Securities Inc. and Mizuho Securities Co. for a potential benchmark yen-denominated senior unsecured …

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2 Stocks on Track for Monster Return Potential

Stock market volatility comes and goes, but the key to building wealth in the stock market is staying focused on a company’s growth. If you hold shares of a growing company, you’re almost certain to earn great returns over time. Here are two stocks that are on track to deliver …

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