• Sat, February 22, 2025

by: Fortune

Buffett says Berkshire 'will forever' deploy most of its capital in equities and never prefer cash over good businesses

"In effect, I have depended on the success of American businesses and I will continue to do so."

by: Zawya

Al Baraka Group achieves consolidated net income of $309mln for the year ending 2024

Manama: Al Baraka Group B.S.C. (C) ("Group") has achieved a significant leap in its financial performance during the last three months of 2024 and for the year as a whole, compared to 2023.

by: Week99er

Is Qubetics the Top Crypto Presale with 12,286% ROI? Immutable X and Quant Leading Web3 & Institutional Adoption

Discover if Qubetics is the top crypto presale with massive ROI, while Immutable X dominates Web3 gaming & NFTs, and Quant bridges blockchain with institutions.

by: Reuters

Exclusive: U.S. piles pressure on Iraq to resume Kurdish oil exports, sources say

U.S. President Donald Trump's administration is piling pressure on Iraq to allow Kurdish oil exports to restart or face sanctions alongside Iran, eight sources with direct knowledge of the matter told Reuters.

by: rnz

David Seymour announces Overseas Investment Act overhaul

The government has announced plans to make it easier for New Zealand businesses to receive new investment" from overseas.

by: MarketWatch

Will your tax preparer save you money or make costly mistakes? Look for these red flags.

After your accountant prepares your tax returns, you look them over, sign your name and sigh. You can't help but wonder whether something's amiss. Did you pay too much (or too little)? Did you forget anything?

by: ESPN

NBL's Tasmania JackJumpers finally have a new owner

After a lengthy search for new ownership, Larry Kestelman and the NBL have sold the Tasmania JackJumpers to Brisbane-based private equity firm Altor Capital.

by: AOL

1099-K tax rules: What you need to know if you get paid via Venmo, Cash App or PayPal

If you get paid through Venmo, PayPal, Cash App or another payment app, you may receive a Form 1099-K this year. Here's what you need to know.

by: MSN

Amgen Inc. (AMGN): Among the Cheap Pharmaceutical Stocks to Buy According to Analysts

We recently compiled a list of the 10 Cheap Pharmaceutical Stocks to Buy According to Analysts. In this article, we are going to take a look at where Amgen Inc. (NASDAQ:AMGN) stands against the other pharmaceutical stocks.

by: MSN

Pfizer Inc. (PFE): Among the Cheap Pharmaceutical Stocks to Buy According to Analysts

We recently compiled a list of the 10 Cheap Pharmaceutical Stocks to Buy According to Analysts. In this article, we are going to take a look at where Pfizer Inc. (NYSE:PFE) stands against the other pharmaceutical stocks.

by: AOL

Blue Origin Prepares for Layoffs. Here's What Space Stock Investors Need to Know

Boeing (NYSE: BA) investors got a bit of a shock last week, when word leaked out that the aerospace company's ailing defense and space division, known as BDS, is bracing for layoffs. This dedicated space business builds everything from rockets to satellites to missile defense systems,

by: MSN

Trump's IRS layoffs have some Americans asking: 'Why bother' filing taxes this year?

The Trump administration reportedly started to lay off nearly 7,000 new workers from the IRS on Thursday, including many who work in enforcement. A day earlier, Commerce Secretary Howard Lutnick told Fox News that Trump's goal is to "abolish" the IRS and replace its tax revenue with tariff cash.

by: MSN

Is TriNet Group Inc. (TNET) The Best 52-Week Low Stock To Buy Now According to Short Sellers?

We recently published a list of 16 Best 52-Week Low Stocks To Buy Now According to Short Sellers. In this article, we are going to take a look at where TriNet Group Inc. (NYSE:TNET) stands against other best 52-week low stocks to buy now according to short sellers.

by: MSN

Olympic Steel, Inc. (NASDAQ:ZEUS) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 21, 2025 Operator: Good morning, and welcome to the Olympic Steel 2024 fourth quarter financial results conference call. At this time, all participants are on a listen-only mode.

by: MSN

Ocugen to Announce Q4 and Full-Year 2024 Results with Live Webcast on March 5, 2025

MALVERN, PA — Ocugen, Inc. (NASDAQ: OCGN) has announced that it will host a conference call and live webcast to discuss its fourth quarter and full-year 2024 financial results, along

by: MSN

Bill Gates' net worth in 2025

Bill Gates' net worth in 2025 is $108.6 billion. Credited as one of the greatest pioneers of the modern era, Gates is an incredibly successful business tycoon, software developer, investor, and philanthropist most well-known for founding Microsoft.

by: MSN

Colorado, 40 other states shut down 'deceitful' leasing company

Colorado joined dozens of other states and the federal government in reaching a $35 settlement against a financing company that allegedly misled thousands of consumers across the country into believing they were making payments to purchase products.

by: MSN

Lawmakers respond to finalized changes to minimum wage, earned sick time

Many business owners and employees are feeling some relief after new legislation that preserves tip credit, increases minimum wage, and adjusts sick leave was finalized.

by: MSN

NICE Ltd. (NASDAQ:NICE) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 20, 2025 NICE Ltd. beats earnings expectations. Reported EPS is $3.02, expectations were $2.96. Operator: Welcome to the NICE Conference Call discussing Fourth Quarter 2024 Results,

by: MSN

AdvanSix Inc. (NYSE:ASIX) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 21, 2025 AdvanSix Inc. beats earnings expectations. Reported EPS is $0.01292, expectations were $-0.37. Operator: Hello, and welcome to the AdvanSix Fourth Quarter of 2024 Earnings Conference Call.

by: MSN

"Nobody knew what streaming was"- When Shark Tank's Mark Cuban opened up about his first venture AudioNet

Shark Tank investor Mark Cuban, the 66-year-old billionaire, is still striving to bring new ideas and innovation to the forefront.

by: MSN

U.S. Companies Scaling Back DEI Efforts Amid Trumps Orders

Trump's first day back in the Oval Office, he signed an Executive Order titled "Ending Radical And Wasteful Government DEI Programs And Preferencing," which stat

by: MSN

Even 'Real Housewives' Star Erin Lichy Is Preparing for Trump's Tariffs

by: MSN

F&G Annuities & Life, Inc. (NYSE:FG) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 21, 2025 Operator: Good morning, and welcome to F&G Annuities & Life, Inc.'s Fourth Quarter and Full Year 2024 Earnings Call. During today's presentation, all callers will be placed in a listen-only mode.

by: MSN

I'm getting a 30k bonus and have no credit card debt. Should I pay off my car loan, or do something else with the money?

Would you rather be debt-free, or carry a little debt, but also have enough cash tucked away in a rainy day fund, to deal with any unexpected curveballs that life might throw at you over the next few months?

by: MSN

How Russia, China, and the 'debt brake' are keeping Germany's economy stuck in the slow lane as voters go to the polls

Germany has the world's third-largest economy, but is struggling to kickstart growth. It's one of the issues facing voters in Sunday's elections.
  • Sun, February 23, 2025

by: Variety

Warren Buffett Says 'It Won't Be Long' Before Greg Abel Succeeds Him as Berkshire Hathaway CEO

In a wistful annual letter to Berkshire Hathaway shareholders, Warren Buffett said 'it won't be long' before he's succeeded as CEO by Greg Abel.

by: businessday

Top 10 African countries with high sovereign wealth funds

Over 20 African countries have established sovereign wealth funds (SWFs) to manage revenue from natural resources and other income

by: Tuko

Can Kenyans Buy Bread with Crypto? Experts Weigh in on Cryptocurrency Adoption and Everyday Use

Experts weigh in on stablecoins, blockchain adoption, and crypto-to-cash solutions in Kenya amid the growing adoption driven by tech-savvy youth population.

by: Newsday

Keeping a bank account: A fearful, challenging process for some on Long Island

A lack of bank accounts often costs low-income people, the FDIC said. Unbanked people are more likely to turn to pawn shop loans, money orders or check cashing services, which have fees. Moreover, the money can be stolen without recourse, whereas deposits in FDIC-insured banks are covered up to $250,000.

by: GeekWire

Qualterra raises $4.5M to turn organic waste into carbon-trapping, crop-boosting biochar

A Washington startup has landed $4.5 million to support ag-tech that turns crop and timber waste into carbon-trapping biochar that helps produce grow.

by: Kiplinger

Investing in Art: 10 Things You Should Know

"There's a long history of artists defining or ridiculing what is art," says the art market analyst Michael Moses, who co-created the Sotheby's Mei-Moses art index. "When you have an enormous amount of money it doesn't matter anymore." He was one of just a few uber-wealthy buyers who splurged big on fine art last fall.

by: AOL

Warren Buffett: America's businesses 'usually find a way'

Warren Buffett, legendary investor and CEO of Berkshire Hathaway (BRK-A), wants everyone to know that he remains a long-term bull on U.S. stocks.

by: Forbes

Why Personal Finance Pressures Can Affect Founder Exit Decisions

U.K. based financial services entrepreneur, Matt Ford says personal finance planning should be factored in when founders are making exit plans

by: Tuko

Well-off Hong Kong daunted by record deficits

Hong Kong is facing its toughest fiscal test in three decades following a painful run of mammoth deficits, with experts urging the government to make careful cuts as the economy wobbles. Lawmaker Edmund Wong cautioned against pay cuts for civil servants,

by: MSN

"Stop wasting cash": Shark Tank investor Kevin O'Leary shares the advice he would give to his younger self

The video clip featured Kevin O'Leary answering the host's question as to what advice he would give his younger self. In response to the question, Kevin O'Leary stated: "Don't buy

by: MSN

In auto-centric Michigan, Trump's proposed tariffs polarize a community

If Trump's tariff threats materialize, this region of the country, dominated by the domestic auto industry, stands to take as big a hit as anywhere.

by: MSN

Abu Dhabi signs groundbreaking agreements with China to strengthen economic, business partnerships

An Abu Dhabi economic delegation, led by the Abu Dhabi Department of Economic Development (ADDED), concluded a successful visit to China, resulting in groundbreaking agreements to enhance cooperation between government entities and private sector companies in both regions.

by: MSN

Merck & Co., Inc. (MRK): Among the Cheap Pharmaceutical Stocks to Buy According to Analysts

We recently compiled a list of the 10 Cheap Pharmaceutical Stocks to Buy According to Analysts. In this article, we are going to take a look at where Merck & Co., Inc. (NYSE:MRK) stands against the other pharmaceutical stocks.

by: MSN

Top global stories this week: HSBC, Alibaba, Airbus among notable names

Globally, all major stock indexes ticked downwards on a weekly basis, following negative economic news and mixed earnings performances throughout the week. Declines were also driven by tariff concerns.

by: MSN

Atmus Filtration Technologies Inc. (NYSE:ATMU) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 21, 2025 Atmus Filtration Technologies Inc. misses on earnings expectations. Reported EPS is $0.4802 EPS, expectations were $0.53. Operator: Ladies and gentlemen,

by: MSN

What happens when a company's 'low performers' speak up

In this Sunday edition of Business Insider Today, we're hearing from Meta's "low performers," who may not be low performers at all.

by: MSN

What Brand Is Behind Costco's Kirkland Signature Frozen Lasagna?

Costco turns to many a quasi-hidden manufacturer to produce its Kirkland Signature products. Here's who's behind its Kirkland Signature frozen lasagna.

by: MSN

Got $5,000? 2 Top Growth Stocks to Buy That Could Double Your Money.

It's no secret that artificial intelligence (AI) is on target to create tremendous returns for investors that invest in the right stocks. If you have extra cash you don't need for paying bills or reducing debt,

by: MSN

2 cities tried basic income for formerly incarcerated people. Participants felt more food secure but struggled to pay for housing.

Gainesville and Durham gave formerly incarcerated residents $600 a month. It helped participants afford food and other essentials.

by: MSN

Hong Kong and Singapore lead Asia's drive to cash in on crypto boom

Hong Kong and Singapore are the front-runners in a push by Asian governments to become cryptocurrency hubs as they look to capitalise on the global resurgence of the sector thanks to the support of US President Donald Trump.

by: MSN

St. Paul Brewing worries city's new development plan will mean the end to their business

The city wants to develop over 200 affordable housing units that would reduce the number of surface parking lots.

by: MSN

German elections: The leaders to watch

These are the key political figures in Germany's elections on Sunday - and likely the biggest players in the coalition negotiations that will follow: Olaf Scholz - centre-left Social Democratic Party (SPD) The current chancellor goes into the election as the much-weakened title defender.

Buffett says Berkshire 'will forever' deploy most of its capital in equities and never prefer cash over good businesses

"In effect, I have depended on the success of American businesses and I will continue to do so."
Warren Buffett's annual letter to Berkshire Hathaway shareholders, released on February 22, 2025, highlights the company's strategy and performance. Buffett discusses the significant cash reserves held by Berkshire, emphasizing the challenge of finding suitable investments in an overvalued market. He notes that Berkshire has become a net seller of stocks, focusing on returning capital to shareholders through buybacks and dividends rather than making large acquisitions. Buffett also reflects on the importance of long-term investment strategies, the enduring value of businesses like Apple and Coca-Cola within Berkshire's portfolio, and the cautious approach to new investments due to high market valuations. He underscores the importance of patience and discipline in investing, reiterating his philosophy of only investing when opportunities are compelling, and otherwise holding cash.

Read the Full Fortune Article at:
https://fortune.com/2025/02/22/warren-buffett-berkshire-hathaway-annual-letter-cash-business-investing-net-seller/

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