Warren Buffett is still not a fan of investing in bitcoin. The Oracle of Omaha reiterated his negative view on the cryptocurrency, according to CNBC’s Becky Quick. Tweet Link Bitcoin is “probably rat poison squared,” he said. Buffett is presiding at the Berkshire Hathaway 2018 annual shareholder meeting on Saturday. Charlie Munger, Berkshire’s vice chairman […]
Read moreWarren Buffett believes cybersecurity incidents will rise, and with it the potential to significantly harm the insurance industry. “Cyber is uncharted territory. It’s going to get worse, not better,” he said at the Berkshire Hathaway 2018 Annual Shareholders Meeting Saturday. “There’s a very material risk which didn’t exist 10 or 15 years ago and will […]
Read moreFuel prices are hitting a three-year high just as many automakers continue to shift their production lineups further in favor of crossovers and truck-based vehicles. Ford’s recent announcement that it would only make two conventional passenger car models for the U.S. market has left some wondering if it will hurt The Blue Oval if fuel […]
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4,000 babies die in their sleep every year in the U.S. and nearly 70% of those babies die in bed with their parents or while they are in an unsafe location, said Dr. Karp, CEO of Happiest Baby. “What we see is that 80% of the parents keep the baby in the Snoo and don’t […]
Read moreA middle-of-the-pack employee at Facebook makes more than 8 times as much as Amazon‘s median employee. The revelation of that stark difference comes courtesy of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which required companies to disclose the ratio between their median paid employee and their CEO for the first time this year. […]
Read moreStart-up investor Li Jiang just turned 30, and now he can’t stop thinking about his own mortality. For Jiang, who’s based in San Francisco, living longer isn’t just about eating healthy and exercising regularly. Last month, he cryogenically froze his stem cells, in the hopes of someday injecting them back into his body. Jiang is […]
Read morePolice in a Phoenix suburb are investigating a collision involving a self-driving vehicle owned by Waymo. Chandler Police say the incident happened Friday afternoon when a Honda sedan swerved to avoid hitting another car. The Honda went into opposing traffic lanes and hit the Waymo car. Police say the vehicle was in autonomous mode, but […]
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[The stream is slated to start at 6:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] United Launch Alliance is set to launch NASA’s InSight lander on Saturday, lifting off from Vandenberg Air Force Base in California. ULA – the rocket-building joint venture of Boeing and […]
Read moreBerkshire Hathaway’s festival-like annual shareholder meeting in Omaha, Nebraska, told CNBC’s Jim Cramer a lot more than just how beloved the Warren Buffett-run company is. “For us, there’ll be talk of stocks galore, especially Buffett’s portfolio,” the “Mad Money” host said on Friday as the 40,000-person event kicked off. “You can bet he’ll be asked […]
Read moreThe cryptocurrency market is on the fritz with correction threats looming, but that might not be so bad for cybersecurity leaders like Kevin Mandia, the CEO of FireEye. “From a cybersecurity standpoint, an anonymous currency has not been a great thing,” Mandia told CNBC in a Friday interview with “Mad Money” host Jim Cramer. “It […]
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