Voters walk to cast their ballots during early voting in the presidential election at a polling station at the C. Blythe Andrews, Jr. Public Library in Tampa, Florida, U.S., November 1, 2024.  Octavio Jones | Reuters Executives at America’s largest companies are talking publicly with investors about the presidential election more so than in recent […]

By Jonathan Stempel (Reuters) -Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, slashing their holdings in Apple and boosting cash to a record $325.2 billion. Berkshire also reported a 6% decline in quarterly operating profit, largely the result of higher insurance underwriting liabilities including for Hurricane Helene, and currency

A cashier’s check is a bank check that looks like a typical check, except it’s drawn on the bank instead of a customer’s account. The cashier’s check is paid from funds from the financial institution’s account. As a result, cashier’s checks are considered guaranteed since they are not paid by the customer. However, the customer

A hypothetical stock portfolio has taken hands-off investing to a whole new level. Jeffrey Ptak, a chartered financial analyst (CFA) for Morningstar, recently devised a passive investment portfolio that’s based on the composition of the S&P 500. But instead of replacing stocks with new companies as they’re delisted from the index, Ptak’s strategy takes an

Conservative leadership contender Kemi Badenoch delivers a speech on the final day of Conservative party conference at Birmingham ICC Arena on October 2, 2024 in Birmingham, England.  Dan Kitwood | Getty Images News | Getty Images LONDON — The U.K.’s opposition Conservative Party on Saturday named right-wing Kemi Badenoch as its new leader, closing a

With its recent addition to the S&P 500, Palantir (NYSE: PLTR) is taking center stage. While the company isn’t new — it was founded by Peter Thiel, Stephen Cohen, and Alex Karp in 2003 — recent advancements in artificial intelligence (AI) have supercharged its abilities. The intelligence company is demonstrating that real-world applications of AI

Right now, there are only a handful of companies with a market cap exceeding $1 trillion. With the exception of Warren Buffett’s Berkshire Hathaway, all of them are high-growth tech stocks. So the natural assumption is that the next great $1 trillion company will be yet another tech company. But what if the next $1

The Dominion coal burning power plant is seen in Saint Paul, Virginia, on Feb. 7, 2023. Mike Belleme | The Washington Post | Getty Images Dominion Energy is talking with other tech companies about developing small modular nuclear reactors, after the Virginia utility entered into an agreement with Amazon last month to look at advancing

Key Takeaways Chipotle is investing in back-of-the-house technology to maintain consistency across restaurants and lift efficiency. All restaurants will get produce slicers and busy locations may get more efficient grills. The company is experimenting with machines that prepare avocados and assemble burrito bowls and salads. The move to streaming restaurants is seen across the industry,

Here’s what to know as earnings approach. With its recent addition to the S&P 500, Palantir (PLTR 0.87%) is taking center stage. While the company isn’t new — it was founded by Peter Thiel, Stephen Cohen, and Alex Karp in 2003 — recent advancements in artificial intelligence (AI) have supercharged its abilities. The intelligence company