4 Takeaways From Berkshire Hathaway's Annual Meeting

4 Takeaways From Berkshire Hathaway's Annual Meeting

Every year at Berkshire Hathaway’s ((NYSE:BRK.A), (NYSE:BRK.B)) annual meeting, CEO and Chairman Warren Buffett and Vice Chairman Charlie Munger spend hours answering questions on investing and life in general. Even though many of the questions asked are pertinent to Berkshire’s businesses, there are always a few takeaways for investors. For tens of thousands of shareholders, […]

Wells Fargo Expects 2018 Deposit Service Charges To Decline

Wells Fargo Expects 2018 Deposit Service Charges To Decline

Wells Fargo Expects 2018 Deposit Service Charges To Decline  Nasdaq Well Fargo will be subject to Fed-imposed asset cap into next year: WSJ  Seeking Alpha Judge approves $97.3 million settlement in Wells Fargo employee complaint over rest periods  Greensboro News & Record Full coverage Source link

FCC Hits Robocaller With $120 Million Fine But the Calls Probably Won't Stop Anytime Soon

FCC Hits Robocaller With $120 Million Fine But the Calls Probably Won't Stop Anytime Soon

Photo: Getty The Federal Communications Commission summoned all of its regulatory strength Thursday and dropped a record $120 million fine on a notorious robocall operator who placed nearly 100 million spoofed calls. It’s just a shame that the punishment probably won’t accomplish anything. Adrian Abramovich of Miami, Florida was on the receiving end of the […]

Nvidia Slides In Spite of Beating Estimate: 7 Key Takeaways

Nvidia Slides In Spite of Beating Estimate: 7 Key Takeaways

A steep slowdown in demand from cryptocurrency miners is tempering enthusiasm for what in many ways is a strong Nvidia (NVDA)  earnings report. After the bell on Thursday, Nvidia reported April quarter (fiscal first quarter) revenue of $3.21 billion (up 66% annually) and GAAP EPS of $1.98, handily beating consensus analyst estimates of $2.89 billion […]

Why Moms On Facebook Are Obsessed With Stormy Daniels' Lawyer

Why Moms On Facebook Are Obsessed With Stormy Daniels' Lawyer

Avenatti is known for his brash persona: He takes no bull from Trump or anyone else, and signs his tweets #basta to punctuate his punches. He lives a fast and furious lifestyle, racing cars in his spare time. Hollywood has even come calling for him. But most importantly, he demands that Daniels be taken seriously. […]

Tesla's Musk and Google's Pichai make Top 5 for executive pay

Tesla's Musk and Google's Pichai make Top 5 for executive pay

Well, Tesla CEO Elon Musk and Google CEO Sundar Pichai may appear to be very highly compensated for running their iconic Silicon Valley companies — until you compare them to Snap CEO Evan Spiegel. Musk, according to a new report, hauled in $150 million last year, and Pichai followed close behind, with $144 million. Those […]

Delta passengers took their carry-ons off the plane during an emergency exit

Delta passengers took their carry-ons off the plane during an emergency exit

Earlier this week, passengers aboard Delta Air Lines flight 1854 had to exit their aircraft in haste via inflatable slides, as smoke billowed out of the cabin. This all happened after the flight had safely touched the ground. The problem, reports the Washington Post, was due to “hydraulic oil dripping onto an auxiliary power unit […]

Dropbox is sinking even though it just beat Wall Street's targets in its first-ever earnings report

Dropbox is sinking even though it just beat Wall Street's targets in its first-ever earnings report

Dropbox beat Wall Street’s Q1 targets and gave a better-than-expected business forecast on Thursday in its first quarterly report card as a public company. But with investors having already bid up the stock sharply in the first few weeks since its IPO, shares of Dropbox slipped slightly after the “beat-and-raise” report. The cloud storage company’s […]

US 'net neutrality' rules will expire on June 11: FCC

US 'net neutrality' rules will expire on June 11: FCC

WASHINGTON (Reuters) – Landmark U.S. “net neutrality” rules will expire on June 11, and new regulations handing providers broad new power over how consumers can access the internet will take effect, the Federal Communications Commission said on Thursday in setting the date. The FCC in December repealed the Obama-era open-internet rules set in 2015, which […]

NHTSA joins NTSB in looking into fatal Tesla crash in Florida

NHTSA joins NTSB in looking into fatal Tesla crash in Florida

The National Highway Traffic Safety Administration is the second federal agency to begin looking into the fatal crash involving a Tesla Model S in Fort Lauderdale, Florida this week. “The U.S. DOT’s National Highway Traffic Safety Administration is gathering information on the tragic crash in Fort Lauderdale, FL to understand all of the facts,” NHTSA […]