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☆ Has the Long Friendship of Bill Gates and Warren Buffett Reached Its Final Act?
▼ + stars: | 2024-08-04 | by ( Anupreeta Das | ) www.nytimes.com time to read: +1 min

In the summer of 1991, Mary Gates, the mother of the Microsoft billionaire Bill Gates, convinced her workaholic 35-year-old son to spend the July 4 holiday at Hood Canal, a scenic, outdoorsy location about two hours from Seattle that had long been the family getaway. The Oracle of Omaha, Warren Buffett, was among the guests. When Mrs. Gates tried to introduce her son to Mr. Buffett, however, he brushed her off, saying that he didn’t want to meet a “stockbroker.”But the two men hit it off immediately. Mr. Gates was surprised by the penetrating questions Mr. Buffett directed at him about the software business, and found himself warming to the avuncular Midwestern billionaire. Once, recounting the story of their meeting to students at the University of Nebraska-Lincoln, Mr. Gates called it an “unbelievable friendship.” Mr. Buffett quipped, “The moral of that is, listen to your mother.”

Persons: Mary Gates, Bill Gates, Warren Buffett, Gates, Buffett, —, ” Mr, ” Organizations: Microsoft, University of Nebraska Locations: Hood, Seattle, Omaha, Lincoln

☆ Warren Buffett’s Berkshire Hathaway sold nearly half its stake in Apple
▼ + stars: | 2024-08-03 | by ( Yun Li | ) www.nbcnews.com time to read: +3 min

Warren Buffett’s Berkshire Hathaway dumped nearly half of its gigantic Apple stake last quarter in a surprising move for the famously long-term-focused investor. Even after the selling Apple remains the largest stock stake by far for Berkshire. Buffett had trimmed the Apple stake by 13% in the first quarter and hinted at the Berkshire annual meeting in May that it was for tax reasons. Berkshire’s Apple holding was once so big that it took up half of its equity portfolio. Berkshire began buying the stock in 2016 under the influence of Buffett’s investing lieutenants Ted Weschler and Todd Combs.

Persons: Warren, Berkshire Hathaway, Buffett, Ted Weschler, Todd Combs Organizations: Apple, Oracle, Berkshire, U.S, Apple . Berkshire, Bank of America, Buffett Locations: Omaha, Berkshire, U.S

☆ Warren Buffett’s Berkshire Hathaway cuts stake in Apple by nearly 50%
▼ + stars: | 2024-08-03 | by ( Robert Ilich | ) edition.cnn.com time to read: +1 min

CNN —Warren Buffett’s Berkshire Hathaway slashed its stake in tech giant Apple by nearly 50%, according to Berkshire’s second quarter earnings report released on Saturday. Berkshire Hathaway disclosed its holdings in Apple were valued at $84.2 billion at the end of the quarter, dropping from 790 million shares to 400 million shares. Berkshire Hathaway has previously downsized its stake Apple, which has a market cap over $3.3 trillion. In the final three months of 2023, Berkshire Hathaway sold off 10 million shares of Apple stock, representing about 1% of its holdings in the company. Along with Apple, Berkshire cut its stake in its second largest position, Bank of America, to $41.1 billion.

Persons: CNN — Warren, Berkshire Hathaway, Buffett Organizations: CNN, Berkshire, Apple, Bank of America, American Express, Chevron Locations: Apple, Berkshire, Omaha , Nebraska

☆ Warren Buffett raises Berkshire cash level to record $277 billion after slashing stock holdings
▼ + stars: | 2024-08-03 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. Berkshire Hathaway 's cash pile swelled to a record $276.9 billion last quarter as Warren Buffett sold big chunks in stock holdings including Apple . The Omaha-based conglomerate's cash hoard jumped significantly higher from the previous record of $189 billion, set in the first quarter of 2024. For the second quarter, Berkshire's operating earnings, which encompass profits from the conglomerate's fully-owned businesses, enjoyed a jump thanks to the strength in auto insurer Geico. Operating earnings totaled $11.6 billion in the second quarter, up about 15% from $10 billion a year prior.

Persons: Warren Buffett, Berkshire Hathaway, Tim Cook, Buffett, I've Organizations: Berkshire Hathaway, Berkshire, Apple, Oracle, Buffett, Bank of America, Federal Reserve, Dow, Industrial Locations: Omaha , Nebraska, Omaha, Berkshire

☆ Berkshire Hathaway is sitting on almost $280 billion in cash after slashing its Apple stake in half
▼ + stars: | 2024-08-03 | by ( Katie Balevic | ) www.businessinsider.com time to read: +1 min

Berkshire Hathaway's cash stockpile has soared to nearly $280 billion. The conglomerate sold off nearly half of its huge stake in Apple last quarter. Go to newsletter preferences Thanks for signing up! AdvertisementWarren Buffett's Berkshire Hathaway is sitting on a whole lot of cash after repeatedly slashing its stake in Apple. Berkshire Hathaway made the eyebrow-raising decision to cut its Apple stake, which remains the largest stake in its portfolio, by nearly 50% last quarter.

Persons: Warren Buffett, —, Warren, Berkshire Hathaway, Apple . Berkshire Hathaway Organizations: Berkshire, Apple, Service, Business Locations: Apple ., Omaha

☆ Here are Warren Buffett's top stock holdings, revealed in Berkshire's latest quarterly earnings
▼ + stars: | 2024-08-03 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Warren Buffett is turning heads after Berkshire Hathaway disclosed it sold nearly half of its Apple stake last quarter. About 72% of Berkshire's equity portfolio is concentrated in five stocks, according to the conglomerate's latest earnings report. Meanwhile, Berkshire held onto longtime bets Coca-Cola and American Express , worth $25.5 billion and $35.1 billion, respectively, at the end of the second quarter. Buffett was in a selling mood overall in the second quarter with Berkshire shedding more than 75 billion in stock, raising its total cash level to an eye-popping $277 billion. After the sales, these holdings remain same top five holdings Berkshire disclosed in the first quarter.

Persons: Warren Buffett, Berkshire Hathaway, Buffett Organizations: Apple, Oracle, of America, Bank of America, Chevron, American Express, Berkshire Locations: Omaha, Berkshire

☆ Warren Buffett's Berkshire Hathaway sold nearly half its stake in Apple
▼ + stars: | 2024-08-03 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Warren Buffett's Berkshire Hathaway dumped nearly half of its gigantic Apple stake last quarter in a surprising move for the famously long-term-focused investor. Even after the selling Apple remains the largest stock stake by far for Berkshire. Buffett trimmed the Apple stake by 13% in the first quarter and hinted at the Berkshire annual meeting in May that it was for tax reasons. But the magnitude of this selling suggests it could be more than just a tax-saving move. Berkshire's Apple holding was once so big that it took up half of its equity portfolio.

Persons: Warren, Berkshire Hathaway, Buffett Organizations: Apple, Oracle, Berkshire, U.S Locations: Omaha, Berkshire

☆ Berkshire's mounting cash pile could top $200 billion as Buffett continues selling stock
▼ + stars: | 2024-08-02 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

David A. GroganBerkshire Hathaway 's highly scrutinized cash pile could top $200 billion — more than the entire annual gross domestic product of Hungary — amid CEO Warren Buffett's rare sale of some of his favorite stocks. The Omaha-based conglomerate is likely to say its cash hoard topped the previous record of $189 billion, set in the first quarter, when it reports second-quarter earnings Saturday morning. The selling could have resumed in the second quarter as shares of the iPhone maker jumped 23% in the period. "It's just a question of how long they are going to sit on it," Andrew Kligerman, TD Cowen's Berkshire analyst, said in an interview, referring to Berkshire's enormous cash pile. Stock Chart Icon Stock chart icon Berkshire Hathaway

Persons: Warren Buffett, David A, Grogan Berkshire Hathaway, Warren, Buffett, Bill Stone, Andrew Kligerman, I've, Berkshire Hathaway Organizations: Berkshire Hathaway, Apple, Bank of America, Oracle, Glenview Trust Company, America, Federal, Berkshire Locations: Omaha , Nebraska, Hungary, Omaha, Glenview, Berkshire, Charlotte

Warren Buffett is not done selling Bank of America . Berkshire Hathaway shed a total of 19.2 million BofA shares on Tuesday, Wednesday, and Thursday for almost $779 million at an average selling price of $40.52 per share, according to a new regulatory filing. The conglomerate has now been offloading the bank stock for 12 consecutive days with total sales now exceeding $3.8 billion. Its remaining 942.4 million shares have a market value of $37.2 billion at Thursday's close of $39.50. The bank stock has dropped 5.2% so far this week, going as low as $38.98 in Thursday's trading as recession fears plague the financial sector.

Persons: Warren Buffett, Berkshire Hathaway, BofA Organizations: Berkshire, of America, Bank of America, Apple, American Express Locations: Omaha , Nebraska, Berkshire

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Persons: it's, Lina Roby, LIA, MLO Lina Roby, Evelyn, Read Organizations: AARP, Insurance, USAA, Prudential Life, Prudential Life Insurance, Mutual, Omaha Life Insurance Mutual, Omaha Life Insurance, Life Insurance AAA Life Insurance, AAA, Better Business, Prudential, Finance, Personal Finance Locations: Montana and New York, Montana, Omaha, New York, Omaha's, New York State

Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. Berkshire Hathaway's selling streak in its big Bank of America stake has extended to nine straight days, suggesting that Warren Buffett is not just trimming the longtime holding. The Omaha-based conglomerate sold a total of 18.4 million shares of the bank from Thursday to Monday for $767 million at an average price of $41.65, a new regulatory filing late Monday revealed. Over the past nine trading sessions, Berkshire has cut its stake by 71.2 million shares with just over $3 billion of sales. After the selling spree, Berkshire still owns 961.6 million shares of BofA with a market value of $39.5 billion.

Persons: Warren Buffett Organizations: Berkshire, of America, Apple, Express Locations: Omaha , Nebraska, Omaha, Berkshire

☆ Warren Buffett starts downsizing his Bank of America bet — Here's what could lie behind the move
▼ + stars: | 2024-07-28 | by ( Yun Li | ) www.cnbc.com time to read: +4 min

Warren Buffett surprised many investors by downsizing one of his longest held and largest positions — Bank of America . Berkshire Hathaway recently unloaded 52.8 million Bank of America shares worth $2.3 billion during a six-day selling spree, the first time since late 2019 that the Omaha-based conglomerate reduced its holding. The legendary investor said then that he liked the business, valuation and management of the Charlotte-based bank "very much." BAC YTD mountain Bank of America Tax liability Taxes could also be a motivating factor in the BofA sale. Buffett, who paid over $5 billion in corporate taxes in 2023, believes the corporate tax rate could move higher to help fill the government's yawning gap between spending and revenue.

Persons: Warren Buffett, Buffett, Brian Moynihan, James Shanahan, Edward Jones, BofA, … BofA, they'd, Moynihan Organizations: — Bank of America, Oracle, Omaha . Berkshire Hathaway, of America, Berkshire, Apple, Bank of America Locations: Omaha ., Omaha, Berkshire, BofA, Charlotte

☆ We are 100 days from the 2024 presidential election. Here's where things stand.
▼ + stars: | 2024-07-28 | by ( Brent D. Griffiths | John L. Dorman | ) www.businessinsider.com time to read: +11 min

Harris opens up new potential paths to victorySince entering the race, Harris has shown momentum in early polling. This became worrisome for the Biden campaign as warning signs flashed in states like Virginia and New Hampshire. The positive early polling is a great sign for the vice president, but it isn't the only metric that shows momentum. Trump's pick for vice president makes things interestingVice presidential picks are far from guaranteed to help a presidential hopeful win a state. With Biden out of the race, Democrats will likely seek to tie the election — anchored by Harris' candidacy — to the party's future.

Persons: —, Kamala Harris, Donald Trump, Lyndon B, Johnson, Joe Biden's, Biden, Biden's, Trump, Harris, isn't, Sen, JD Vance, MAGA, Joe Biden, hto4J6PkOw —, Harry Enten, Harris —, Al Gore, George W, Vance, Ohio Sen, Win McNamee, Doug Emhoff, Mike Pence, John McCain of, Jim Vondruska, Mark Kelly of Arizona, Josh Shapiro, Tim Walz, Andy Beshear, Roy Cooper of, JB Pritzker, Gretchen Whitmer, Pete Buttigieg, Cedric Richmond of, Kelly, Shapiro, Walz Organizations: Service, The United, Democratic, Business, Democrats, Republican National Convention, Democratic National Convention, GOP, New York Times, Trump, Biden, Harris, CNN, Electoral, NV, Omaha -, Black, Anselm College, Convention, Ohio, Ohio Republican, Senate, Ohio Republicans, White, Getty, Pennsylvania, Bloomberg, Illinois, Navy Locations: The United States, Vietnam, Harris, Chicago, Ohio, Siena, Michigan , Wisconsin, Pennsylvania, Omaha, Nebraska, Virginia, New Hampshire, Minnesota, New Mexico, North Carolina, Georgia, John McCain of Arizona, Michigan, Kentucky, Roy Cooper of North Carolina, Cedric Richmond of Louisiana, Arizona, Wisconsin

☆ Sober bars find their footing as mocktails and alcohol free drinks rise in popularity
▼ + stars: | 2024-07-27 | by ( Scottie Andrew | ) edition.cnn.com time to read: +13 min

He and other sober bar impresarios believe bars should be community hubs where you can have fun without imbibing anything alcoholic. Sober bars are social hubs without alcoholA sober bar usually looks and feels like any other. In 2022, Nielsen IQ reported that 82% of people who buy non-alcoholic drinks are still buying beverages that contain alcohol. Sober bar customers aren’t always soberMarshall, who has been sober for 17 years and is also a substance use counselor, built Sans Bar for people in recovery. Sober bars are still risky businessOpening any brick-and-mortar business is a gamble, but sober bars face considerable challenges in staying open, said Marshall, who advises prospective sober bar owners.

Persons: Chris Marshall, ”, Marshall, Burnet, ” Marshall, Abby Ehmann, Michael M, Ehmann isn’t, “, Ehmann, It’s, ” Ehmann, she’s, Lux Heljardóttir, Dylan Kapit, ” Kapit, they’re, Ruby Warrington, “ We’re, Ian Blessing, isn’t, ” Mata, Leah Wright, Mata, Wright’s, aren’t, ‘, ’, ” Warrington, Lucky Organizations: CNN, Bar, Food, Getty, Pabst, “, Gallup, Nielsen, Michelin, Manhattan Locations: curacao, Austin , Texas, New York, Los Angeles, Orlando, Sacramento, Atlanta, Omaha, New, Hekate, ” Warrington, Napa Valley

Berkshire Hathaway dumped more Bank of America shares this week, making it six straight trading days that Warren Buffett's conglomerate has reduced its stake in the bank. Over the last six trading sessions, Berkshire has unloaded 52.8 million Bank of America shares worth $2.3 billion, reducing the stake to 12.5%. Berkshire still owns 980.1 million Bank of America shares with a market value of $41.3 billion, a distant second to its $172.5 billion holding in Apple. The bank stock is up more than 25% in 2024, compared to almost 14% for the S&P 500. It marked the first time since the fourth quarter of 2019 that Berkshire cut its Bank of America stake.

Persons: Berkshire Hathaway, Warren, Buffett, Goldman Sachs, Wells, Brian Moynihan Organizations: of America, Berkshire, Oracle, Omaha, Bank of America, JPMorgan, U.S . Bancorp Locations: The Omaha , Nebraska, Berkshire, Apple . Berkshire, Charlotte, Wells Fargo, U.S

Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. Berkshire Hathaway trimmed its gigantic Bank of America holding for the first time in four and a half years following the bank's strong 2024 run. Warren Buffett's conglomerate sold 33.9 million shares of Bank of America shares for almost $1.5 billion in separate sales on Wednesday, Thursday, and Friday at an average selling price of $43.56, a regulatory filing showed. Still, Bank of America remains Berkshire's second largest equity position after Apple, holding 999 million shares with a market value of almost $43 billion. Berkshire could be taking some profits as Bank of America has rallied 27.4% so far this year to its highest levels since March 2022.

Persons: Warren Buffett, Berkshire Hathaway, Warren Buffett's, Buffett Organizations: Berkshire, of America, Bank of America, Apple, America's Locations: Omaha , Nebraska, Berkshire, Omaha

☆ Warren Buffett's Berkshire Hathaway has a new analyst, and he is lukewarm on the conglomerate
▼ + stars: | 2024-07-22 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Warren Buffett 's Berkshire Hathaway has a new Wall Street analyst covering its stock, and he has mixed feelings about the conglomerate. The analyst thinks Berkshire is grappling with weakness in its noninsurance businesses including railroad, utilities service and retail, while its insurance operations continue to outperform. "Berkshire Hathaway's old-school conglomerate structure has faced challenges in a number of key areas of late despite being powered by an insurance business that continues to shine," Kligerman said in a note. Berkshire's insurance business has been a bright spot for the conglomerate. Correction: Of the seven analysts covering Berkshire, three have a hold rating, according to CNBC's research.

Persons: Warren Buffett, Berkshire Hathaway, Cowen's Andrew Kligerman, Berkshire, Kligerman, — CNBC's Michael Bloom Organizations: Berkshire, BNSF Locations: Omaha , Nebraska, Berkshire, U.S

☆ Opinion | Joe Biden, My Friend and an American Hero
▼ + stars: | 2024-07-22 | by ( Jon Meacham | ) www.nytimes.com time to read: +2 min

It was only six weeks ago, on the 80th anniversary of the D-Day landings, and President Biden had just finished his remarks at the American cemetery atop Omaha Beach. And Mr. Biden has done just that. To be clear: Mr. Biden is my friend, and it has been a privilege to help him when I can. Here is the story I believe history will tell of Joe Biden. With American democracy in an hour of maximum danger in Donald Trump’s presidency, Mr. Biden stepped in the breach.

Persons: Biden, ”, Mr, George Washington, Abraham Lincoln, Joe Biden, Donald Trump’s, — Organizations: Democrat, Democrats, Republicans Locations: Normandy, United States, Omaha

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Persons: Doesn't, you've, it's, you'll, Sallie Mae, Sallie Mae's, Ally Organizations: SoFi Bank, FDIC, Green, Ally Bank, Capital, Milli, National Bank of, Navy Federal Credit Union, Federal Credit Union, Department of Defense, Federal, Walmart, Coastal Community Bank, Savings Locations: N.A, NY, LA, TX, VA, NJ, Washington, National Bank of Omaha, Kansas City, NBKC, Kansas City , MO

☆ Berkshire has eliminated 10% of outstanding shares as Buffett values the enduring power of buybacks
▼ + stars: | 2024-07-21 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Buffett believes buybacks are beneficial to shareholders for one simple reason: You don't need to spend a dime to increase your percentage of shares held. "Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns," Buffett said in his 2021 annual letter. The 93-year-old legendary investor believes that it would be "value-destroying" if he overpaid for Berkshire shares. "If you're repurchasing shares above a rationally calculated intrinsic value, you are harming your shareholders, just as if you issue shares beneath that figure, you are harming your shareholders," Buffett once said in 1996. The Wall Street firm projected that Berkshire repurchased almost $2.5 billion worth of stock in the second quarter.

Persons: Berkshire Hathaway, Warren Buffett, Greggory, Buffett Organizations: Morningstar, Oracle, Berkshire, Berkshire Hathaway, UBS, Street, Berkshire repurchased Locations: Greggory Warren, Berkshire, Omaha, repurchases

☆ Two days after surviving an assassination attempt, Trump picks his MAGA heir
▼ + stars: | 2024-07-15 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

And if Trump wins the election in November, a millennial will be a heartbeat away from the presidency. The Ohio Republican has turned on the establishment and elite academe that helped make his name with the vehemence that only a defector can muster. But he has explained that he was wrong about Trump and now believes that he was a great president. Trump critics are also seizing on the pick to question Trump’s commitment to his new unity message after he escaped the assassination attempt. Ultimately, Trump is clearly comfortable with Vance, a favorite of his firebrand son Donald Trump Jr.

Persons: CNN — JD Vance, Donald Trump —, MAGA, —, Vance, Trump, he’s, Trumpism, Trumper, “, Trumper ”, Critics, CNN’s Kaitlan Collins, “ I’m, Mike Pence’s, ”, ” Vance, Donald Trump, it’s, Joe Biden’s, Biden, won’t, reclaims, America’s, ’ ”, Volodymyr Zelensky, Vance’s, CNN’s Collins, It’s, ” Zelensky, Dick Cheney, Bush, Donald Trump Jr, Mike Pence, Collins Organizations: CNN, Republican Party, Trump, Senate, Ohio State University, Marine Corps, Yale Law School, Ohio Republican, White, Democratic Party, Buckeye State, Republican, Munich, Conservative Political, Wing, “ America, The Locations: Ohio, Appalachia, Kentucky, Iraq, Pennsylvania, Michigan, Wisconsin, Omaha , Nebraska, America, Ukraine, The Ohio

☆ Bill Ackman says Warren Buffett's career inspired him to take Pershing Square funds public
▼ + stars: | 2024-07-14 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

In a virtual presentation to pitch his closed-end vehicle Pershing Square USA Ltd., the billionaire investor recalled discovering Buffett's writing in his early 20s and learning from the unusual career path of the "Oracle of Omaha." And that story was really the inspiration behind launching Pershing Square." The 58-year-old Ackman has mostly achieved that goal with almost 90% of Pershing's assets now in a permanent capital format . Most of its capital is in Pershing Square Holdings, a $15 billion closed-end fund that trades in Europe. So my ambition was to get to a very similar place as Warren Buffett as promptly and as practicable," Ackman said.

Persons: Pershing, Bill Ackman, Warren Buffett, Ackman, Buffett, Berkshire Hathaway, Warren, yank Organizations: Pershing, USA, Pershing Square Holdings, New York Stock Exchange Locations: Omaha, Berkshire, Europe, Ackman, Omaha , Nebraska

☆ The calls for Biden to step down are now coming from inside the White House
▼ + stars: | 2024-07-11 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Read previewPresident Joe Biden may have to convince some of his own White House officials that he's still their best hope of defeating former President Donald Trump. The White House strongly denied the report. "Unequivocally, this is not true," White House spokesperson Andrew Bates told The Times, a statement he reiterated to Business Insider. Earlier this week, it looked like the White House had successfully frozen most of Capitol Hill not to pressure the president. Biden is set to speak to White House reporters at length Thursday night in his first extensive news conference in months.

Persons: —, Joe Biden, he's, Donald Trump, Biden, Andrew Bates, Biden's, Nancy Pelosi, Sen, Peter Welch of, Jen O'Malley Dillon, Julie Chavez Rodriguez, we've Organizations: Service, White, The New York Times, Times, Business, The Times, Democratic Party, House, Capitol, Democrats, Peter Welch of Vermont, NBC News, Trump, Biden, NBC, White House, The Associated Press, BI, Electoral, Nebraska, Congressional District Locations: Pennsylvania, Wisconsin, Michigan, Nevada , Georgia, Arizona, Omaha

☆ Warren Buffett wants his children to give away his $130 billion fortune. Does that set up a 'Succession'-style fight?
▼ + stars: | 2024-07-11 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

Looking at their individual organizations, the Buffett children could make for some strange charitable bedfellows once their father dies. AdvertisementWhat the Buffett children do nowSusie runs the Sherwood Foundation, which has given more than $1 billion to build equity in her native Nebraska across social justice, education, and healthcare. Howard Buffett is set to take the reins as Berkshire Hathaway non-executive chairman when his father Warren Buffett steps down. Leigh Vogel/Getty ImagesHowie, the middle Buffett, focuses his time on food security, as well as conflict mitigation and combatting human trafficking, through his Howard G. Buffett Foundation. Harold, the nonprofit expert, said the worldviews of the Buffett children should serve them well.

Persons: —, Warren Buffett, haven't, Buffett, Susan, Howard, Peter —, Susie, Peter didn't, Howie, Jacob Harold, Susan Thompson Buffett, Howard Buffett, Berkshire Hathaway, Leigh Vogel, Howard G, he's, He's, Peter, Buffett's, we've, Harold, Harry, Leona Helmsley Organizations: Service, Bloomberg, Business, Wall Street Journal, Sherwood Foundation, Susan Thompson Buffett Foundation, University of Nebraska, Inc, Democrats, Democratic, Berkshire, Buffett, Buffett Foundation, NoVo Foundation Locations: Omaha, Nebraska, Ukraine, Kingston , NY, Israel, Saharan Africa

☆ Trump's cementing his lead after Biden's debate disaster
▼ + stars: | 2024-07-10 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

He was already in a difficult spot before his debate with former President Donald Trump. I think Biden has work to do, but I think he can do it," former White House communications director Kate Bedingfield wrote on X in a series of posts. Biden's dismal approval rating of approximately 38% has remains below the roughly 48% threshold incumbents have needed to win reelection. Biden's worst 2020 position was a four point lead over Trump, according to CNN. Their belief is that Trump's campaign will rue its decision to opt against an extensive on-the-ground presence in the key battleground states.

Persons: —, Joe Biden's, Donald Trump, Biden, Republican hasn't, Ronald Reagan, We're, Mark Levine, Dave Wasserman, Trump, fMWvW8NxrA, — Dave Wasserman, @Redistrict, Kate Bedingfield, " Bedingfield, hasn't, Al Gore, Biden's, Sen, Michael Bennett, CNN's Kaitlan Collins, It's, Harris, Donald Trump's, Dan Kanninen Organizations: Service, New, New York Democrats, Republican, Business, Democratic Manhattan Borough, Politico, Cook, Biden, White House, Trump, Democratic, CNN, Colorado Democrat Locations: New York, Trump, Minnesota, New Hampshire, New Mexico, Georgia, Arizona, Nevada, Michigan , Wisconsin , Pennsylvania, Omaha, District, Nebraska, Colorado

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