Berkshire bites into Domino's Pizza, dips into Pool amid stock retreat
  • November 14, 2024

Berkshire bites into Domino's Pizza, dips into Pool amid stock retreat

(Reuters) -Warren Buffett's Berkshire Hathaway said on Thursday it made new investments in Domino's Pizza and Pool Corp in the third quarter, even as it retrenched from stocks such as Apple and Bank of America. Berkshire owned 1.28 million Domino's shares worth about $549 million as of Sept. 30. It also owned 404,000 shares of Pool, a distributor of swimming pool supplies, worth about $152 million as of that date.

UK Says Post-Crisis Crackdown on Wall Street Went Too Far
  • November 14, 2024

UK Says Post-Crisis Crackdown on Wall Street Went Too Far

(Bloomberg) -- Chancellor of the Exchequer Rachel Reeves said the UK’s crackdown on banks in the wake of the global financial crisis has gone too far and vowed to give the country’s watchdogs new marching orders to ensure they’re focused on growing the economy.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divid

Vaccine Maker Stocks Fall After Trump Taps RFK Jr. to Head HHS
  • November 14, 2024

Vaccine Maker Stocks Fall After Trump Taps RFK Jr. to Head HHS

(Bloomberg) -- Shares of vaccine makers plunged after President-elect Donald Trump nominated Robert F. Kennedy Jr. to run the Department of Health and Human Services, a post that would give the longtime vaccine skeptic influence over the nation’s health and medical research agencies.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency Sa

Emerging-Market Assets Fall for Fifth Day as Dollar Strengthens
  • November 14, 2024

Emerging-Market Assets Fall for Fifth Day as Dollar Strengthens

(Bloomberg) -- Developing-nation currencies, stocks fell for a fifth day, deepening losses amid broad risk-off sentiment as the US dollar advanced as traders reassess how deeply the Federal Reserve will cut interest rates.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsA