For the 55 calendar years from 1965 through 2019, Berkshire Hathaway’s stock rose at an 18.6% annualized pace, versus 11.8% for the S&P 500 SPX, -1.15% . (Both returns reflect reinvested dividends.) Warren Buffett can take credit for this, and he appears to be very much in charge of Berkshire. But, given that he just […]
Hi there, MarketWatchers. Don’t miss these top stories: Personal Finance Coronavirus cases linked to long airline flights early in pandemic, studies show The studies looked at a 10-hour flight and a 15-hour flight that occurred in March, before airlines started requiring masks. Ellen DeGeneres says being known as the ‘be kind’ lady is ‘tricky’ in […]
Recently the Federal Housing Finance Administration (FHFA) — conservator of Fannie Mae and Freddie Mac — extended the moratorium for both evictions and foreclosures until the end of the year. Many homeowners breathed a sigh of relief. Indeed, over the past few months the number of borrowers with active forbearances has declined. But that’s no […]
A former clerk at a Vermont grocery store is speaking out after he claims he was fired for stopping an accused purse thief. Now, Hannaford Supermarkets is facing threats of a boycott. Amir Shedyak, 20, said he’d just started his shift at the grocery store and pharmacy in Essex when he was flagged down by […]
It’s not news that cruising will be different when ships return to U.S. waters as cruise operators seek to ensure passengers’ safety. But the question of just what a cruise vacation will look like in the COVID-19 era has lingered during a more than six-month industry-wide pause. But now a picture is starting to form. On Monday, Royal Caribbean and Norwegian’s “Healthy […]
During several of his interviews with author Bob Woodward, President Trump proudly mentioned judicial appointments and how he and Senate Majority Leader Mitch McConnell (R-Ky.) have “broken every record,” The Washington Post reports. The Post obtained audio recordings of their conversations, and Woodward also writes about the topic in his new book, Rage. During an […]
A day after the cable news channels carried images of Election Day–length lines at some polling places in suburban Virginia, and elsewhere, on the opening day of the early voting period, a Washington, D.C., photographer and filmmaker posted footage of demonstrators apparently seeking to block access to a voting site in Fairfax, Va., some of […]
Donald M. Kendall, who built PepsiCo Inc. into a snack-and-beverage juggernaut and introduced the Soviet Union to American cola at the height of the Cold War, died Saturday. He was 99 years old. The executive, who grew up milking cows and finished just three semesters of college, became chief executive of Pepsi-Cola Co. PEP, -1.29% […]
Ronald Perelman Getty Images Ron Perelman, why are you selling all your stuff? “ ‘I realized that for far too long, I have been holding onto too many things that I don’t use or even want. I concluded that it’s time for me to clean house, simplify and give others the chance to enjoy some […]
Bill Gates. Getty Images “ ‘We created this rush, and we didn’t have the ability to test or quarantine those people.’ ” That’s billionaire philanthropist and Microsoft MSFT, -1.24% co-founder Bill Gates explaining in a “Fox News Sunday” interview how President Trump’s partial travel ban on China and later other countries may have actually worsened the coronavirus […]