Month: January 2025
UBS says Berkshire is well positioned for an uncertain economy in 2025, sees shares rising another 17%
Berkshire Hathaway shares should be a solid investment whether the economy flourishes or deteriorates in 2025, according to UBS, which projected a nearly 17% gain for the stock. Analyst Brian Meredith at the Wall Street investment bank believes the Warren Buffett conglomerate is poised to benefit from economic growth because of its cyclical businesses, including […]
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Earnings playbook: Tech giants Apple and Meta Platforms lead a busy week of reports
The busiest week of the earnings season is here, with some of the world’s largest tech companies slated to report. Apple, Microsoft and Meta Platforms are among the roughly 90 S & P 500 companies due to post their latest quarterly figures. General Motors and Starbucks are also on the docket. It’s been a solid […]
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House Republicans divided over how to pay for Trump’s tax cuts
U.S. House Speaker Mike Johnson (R-LA) listens to remarks during a House Republican leaders press conference at the U.S. Capitol House in Washington, U.S., November 12, 2024. Nathan Howard | Reuters Republicans who control the U.S. House of Representatives are trying to overcome internal differences on how to pay for President Donald Trump’s sweeping tax […]
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Trump administration swiftly enacts retribution against political enemies
WASHINGTON — For those who may have crossed President Donald Trump, the message is sinking in: Payback is coming, and coming fast. John Bolton, a former White House national security adviser who wrote a damning book about Trump’s first term, lost the Secret Service detail assigned to protect him from assassination threats from Iran. Also losing his […]
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Thousands in Germany protest the rise of the far right ahead of next month’s election
BERLIN, GERMANY – JANUARY 25: Protesters hold up the lights of their mobile phones in a sea of lights demonstration against right-wing extremism and Donald Trump on January 25, 2025 in Berlin, Germany. A variety of civil rights and environmental groups have organized the event as a public show of resistance against the threats to […]
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North Korea fires strategic cruise missiles, vows tough stance on U.S.
A missile is launched, as North Korea conducted a test firing of a tactical ballistic missile on Friday, state media KCNA said on Saturday, at an unknown location in North Korea, in a handout picture obtained by Reuters on May 18, 2024. Kcna | Via Reuters SEOUL, Jan 26 (Reuters) – North Korea conducted a […]
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White House in talks to have Oracle and U.S. investors take over TikTok, NPR reports
Photo illustration shows the TikTok logo displayed on a mobile phone screen. Sopa Images | Lightrocket | Getty Images The administration of U.S. President Donald Trump is working on a plan to save TikTok that involves tapping software company Oracle and a group of outside investors to effectively take control of the app’s global operations, […]
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CIA believes Covid-19 likely caused by lab leak, NBC News reports
“CIA continues to assess that both research-related and natural origin scenarios of the COVID-19 pandemic remain plausible.” Source
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White House makes 2,000-pound bombs available to Israel, undoing Biden’s pause
A Palestinian child plays with the rubble after Israel bombs Palestinians’ tents and shelters in Rafah, Gaza, on May 27, 2024. Hani Alshaer | Anadolu | Getty Images President Donald Trump’s White House has instructed the U.S. military to release a hold imposed by the Biden administration on the supply of 2,000-pound bombs to Israel, a […]
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