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American magic will spur US economic recovery: Warren Buffett

American magic will spur US economic recovery: Warren Buffett

by pallanus | May 3, 2020 | Business News

Billionaire investor Warren Buffet said Saturday he’s confident the US economy will bounce back from its pummeling by the coronavirus pandemic because “American magic has always prevailed.” The 89-year-old made the sanguine prediction about the...
Warren Buffett announces Berkshire’s decision to sell entire stake in US airlines

Warren Buffett announces Berkshire’s decision to sell entire stake in US airlines

by pallanus | May 3, 2020 | Business News

Berkshire Hathaway Inc sold its entire stakes in the four largest US airlines in April, Chairman Warren Buffett said Saturday at the company’s annual meeting, saying “the world has changed” for the aviation industry. The conglomerate had held...

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