Stocks opened lower on Friday after China said it will slap new tariffs on U.S. goods.US Marketsread more
China said Friday that it will impose new tariffs on $75 billion worth of U.S. goods and resume duties on American autos.Marketsread more
Ideas include a rotation of Federal Reserve governors that would make it easier to curb Powell's power, according to the Washington Post.US Economyread more
The Koch brothers financed one of the most influential political networks in the modern era. The sprawling political empire includes conservative and libertarian nonprofits...Politicsread more
Google on Friday released a new set of community guidelines that are meant to crack down on what employees can say inside the company.Technologyread more
Emails between Facebook employees from 2015 illustrate early actions the company took to investigate third-party use of their data.Technologyread more
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The Fed's James Bullard says the central bank should continue to ease monetary policy because of the recession signal being flashed by the bond market.Investingread more
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U.S. Secretary of State Mike Pompeo says Huawei CFO Meng Wanzhou, who is under house arrest in Canada and facing extradition to America, is not a bargaining chip in the trade...Technologyread more
The Oracle of Omaha revealed to CNBC that Berkshire bought an astounding 75 million shares of Apple during the first quarter. That adds to the 165.3 million shares Berkshire already owned at the end of 2017.
Apple "is an unbelievable company," Buffett said in a "Squawk Box " interview that aired Friday. "If you look at Apple, I think it earns almost twice as much as the second most profitable company in the United States."
On Tuesday the smartphone maker announced a quarterly dividend increase of 16 percent, to 73 cents a share. Apple also said in its most recent 10-Q filing that the "company intends to increase its dividend on an annual basis, subject to declaration by the Board of Directors."
But under the assumption the dividend just stays at this level, Berkshire Hathaway's latest Apple position size will generate $701.7 million per year in dividend payments for the company.