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Warren Buffett has a storied history with airline stocks, once quipping, “I am Warren and I am an aeroholic.” But the spectacular returns for the industry over the last year are casting a dark cloud on Berkshire Hathaway’s decision to dump all of its airline holdings in May 2020 as prices were bottoming. Berkshire loaded up on stock of the four major U.S. carriers in 2016. At the 2020 Berkshire annual shareholders meeting, Buffett said he’d spent $7 billion to $8 billion amassing stakes in… Source link

Hold the remote: YouTube TV customers could soon not be able to watch on a Roku device. On Monday, Roku customers should have received a notification from the streaming device maker that it is involved in negotiations with Google and that as of the time of the email, the two sides have been unable to reach an agreement to continue offering YouTube TV on Roku devices. YouTube TV is either the #1 or #2 live TV streaming service in the United States. Roku… Source link

Stocks were mixed Tuesday morning, with investors awaiting more corporate earnings results from major companies and a Federal Reserve monetary policy decision on Wednesday.  The S&P 500 ticked up, extending gains after the blue-chip index rose to an all-time high during Monday’s regular trading day. The Dow slipped, while the Nasdaq gained. Shares of Tesla (TSLA) fell after the company’s first-quarter sales results missed estimates, though earnings and automobile gross margins exceeded… Source link

The New York Times After Nearly a Year of Unrest, Portland Leaders Pursue a Crackdown PORTLAND, Ore. — After the protests have concluded, sometimes in the early morning hours, Margaret Carter finds herself climbing into her gray Toyota Camry and cruising the streets of Portland so she can see the latest damage for herself. Carter, 85, has been downtown to the Oregon Historical Society, where demonstrators have twice smashed out the windows, recently scrawling “No More History” on the… Source link

Bloomberg Bond Investors Take Ever-Riskier Bets in Hunt for Returns (Bloomberg) — Bond investors, emboldened by a recovering economy and a global vaccine rollout, are taking on more risk, sometimes a lot more risk.Insurers, pension systems and high-grade credit managers in the U.S. and Europe are buying bigger amounts of junk-rated debt to offset shrinking yields, forcing high-yield investors to jostle for allocations of BB rated bonds — the safest and largest part of their class with 60% of… Source link

Home price growth in the U.S. surged at the fastest pace in 15 years in February. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 12% annual gain in February, up from 11.2% in January. The rate is the highest year over year gain recorded by the index since February 2006. The 20-City Composite posted a 11.9% annual gain, up from 11.1% the previous month, beating consensus estimates of 11.9%, according to Bloomberg. “Housing’s strength… Source link

With the rise and prominence of local search marketing, brands have begun to build robust location pages with advanced mapping features to meet the growing needs of searchers. The page types typically include a map to show users where the location is, what are the cross streets, and any major landmarks. This enables the user to easily find the location and increases a brand’s opportunities for conversions. With numerous mapping options available, it’s crucial to familiarize yourself with… Source link

TipRanks Raymond James: These 3 Stocks Have Over 100% Upside on the Horizon We’re now in the heart of earnings season, and investors are paying close attention as companies report their financial results from the first quarter of 2021. It’s a routine, in some ways, but in others, there has never been an earnings season quite like this. It’s the first one post-pandemic, but perhaps more importantly, the results are coming out during a time of nearly unprecedented government stimulus… Source link

An influential racial justice group called on Google to allow independent auditors to investigate the company’s business for potential discriminatory conduct. Color of Change is urging the internet search giant to undergo a racial equity audit of its operations following the ouster of two women who led the company’s Ethical AI team. In a letter to Google Chief Executive Officer Sundar Pichai and other top executives, Color of Change said a public and… Source link

After a year of employee strife, regulatory scrutiny and public rancor, Google has asked its shareholders to vote against proposals seeking to examine some of its recurring issues. Alphabet Inc. GOOGL, +0.43% GOOG, +0.49%, Google’s parent company, is asking shareholders at its annual meeting to vote against eight shareholder proposals that seek answers or changes related to content takedowns, anticompetitive actions and… Source link