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Warren Buffett buys another $500 million of Occidental Petroleum, beefing up energy bet

by adminPosted onJune 24, 2022

Berkshire Hathaway bought more than 9 million additional shares in the energy company over the past week.

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Tourists are flocking back to Southeast Asia — but the robust recovery is showing signs of cracks

by adminPosted onJune 24, 2022

Southeast Asia is attracting visitors again, but rising costs, hiring troubles and the absence of Chinese tourists may dampen a robust travel recovery.

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Tax return backlog is still ‘crushing the IRS’ — and taxpayers — as pileup exceeds 21 million, agency watchdog reports

by adminPosted onJune 24, 2022

The IRS backlog of tax returns has swelled to over 21 million, despite efforts to clear the pileup, according to a watchdog report.

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Fraud trial against Elizabeth Holmes’ partner at Theranos nears end

by adminPosted onJune 24, 2022

Closing arguments in the criminal fraud trial of former Theranos COO Ramesh “Sunny” Balwani kicked off Tuesday.

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Fanatics CEO Michael Rubin selling ownership stake in Philadelphia 76ers, New Jersey Devils

by adminPosted onJune 24, 2022

Fanatics CEO Michael Rubin is selling his ownership stake of the Philadelphia 76ers and New Jersey Devils.

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Kevin O’Leary reveals 1 important lesson that every young trader needs to learn

by adminPosted onJune 24, 2022

“When I was a young Buckaroo trader, I used margins and I got slaughtered. And I never did it again,” Kevin O’Leary told CNBC’s “Squawk…

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Stocks making the biggest moves midday: WeWork, Snowflake, United Airlines, Rite Aid and more

by adminPosted onJune 24, 2022

These are the stocks posting the largest moves in midday trading.

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JPMorgan picks stocks to play a part of China that’s flown under the radar

by adminPosted onJune 24, 2022

While big Chinese cities battle Covid, consumers in smaller cities are more in a mood to spend, JPMorgan analysts said, citing a consumer expert.

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Nasdaq rises 1%, Dow adds nearly 200 points in late-day rally

by adminPosted onJune 24, 2022

Stocks vacillated as they attempted to pull back from the lows of the bear market.

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Stocks making the biggest moves premarket: Accenture, Darden Restaurants, FactSet and more

by adminPosted onJune 24, 2022

These are the stocks posting the largest moves before the bell.

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