Warren Buffett's Berkshire Hathaway invested in drugmakers, exited Costco, dumped several bank stocks, and bought back a record $9 billion of stock last quarter. Dr John Longo — a finance
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Rumblings of racism at a famous civil-rights law firm highlight the lack of diversity at the firms that are supposed to fight for the oppressed
Top lawyers at Sanford Heisler Sharp, a firm known for representing victims of discrimination, made offensive remarks about race, ethnicity, and gender, Law360 reported this week. Even as "Big Law" firms
Continue reading »How Wall Street, law firms, and beyond are doing the office holiday party this year, from a 29-hour streaming shindig to gifted Hermès bags
The office holiday party will look much different this year for big financial-services companies and law firms, which are known for throwing lavish winter holiday affairs that can cost hundreds
Continue reading »10 things you need to know before the opening bell
Reuters / Neil Hall Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning. Here’s what you need to know
Continue reading »HSBC shares jump 5% after Europe's biggest bank reports slimmer credit losses and signals it could pay a dividend this year
Pedestrians walk past a branch of the British multinational banking and financial services holding company, The Hongkong and Shanghai Banking Corporation, or HSBC, in New York City. Alex Tai/SOPA Images/LightRocket/Getty
Continue reading »JPMorgan could double its advisor force, hiring as many as 4,000, as it eyes ambitions plans to catch up to rivals, says wealth boss Kristin Lemkau
In a sign the largest US bank is doubling down on the business of managing affluent clients' money, JPMorgan is considering hiring as many as 4,000 financial advisors in the
Continue reading »Value investor Joel Greenblatt defends 'big tech' stock prices and tackles major societal issues in a new interview. Here are the 11 best quotes.
Reuters / Mike Segar Joel Greenblatt defended “big tech” valuations and detailed how a long-term investor might address some of society’s biggest issues in a RealVision interview released on Thursday.
Continue reading »Dillard’s stock jumps after Warren Buffett’s deputy reveals 6% stake in the struggling department-store chain
Yahoo Finance/YouTube A vote of confidence from one of Warren Buffett’s lieutenants sent Dillard’s stock up as much as 19% in pre-market trading on Monday. Ted Weschler, an investment manager
Continue reading »From an executive shakeup to a $400 million fine from regulators: Here's all you need to know about tumultuous times at Citigroup
On Wednesday, US regulators announced $400 million in fines against Citigroup for "related to deficiencies in enterprise-wide risk management, compliance risk management, data governance, and internal controls." It's the latest
Continue reading »Oil gains after biggest one-day rally in five months as presidential homecoming lifts sentiment
Simon Dawson/Bloomberg via Getty Images Oil prices extended gains on Tuesday after Monday’s “presidential homecoming” triggered a big rally and lifted investor sentiment alongside worker strikes in Norway and a
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