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U.S. airlines had baggage fee revenue of more than $6.7 billion last year, according to the Bureau of Transportation Statistics. American Airlines alone earned almost $1.4 billion from checked bags, accounting for more than 2% of the carrier’s full-year revenue. For decades, most bags flew for free, but in recent […]

Most deposited checks wind up at the bottom of trash cans. But if you find one signed by Apple co-founder Steve Jobs, it might be worth extra cash. RR Auction, a Boston-based organization that sources and sells historical autographs, manuscripts and artifacts, is auctioning off a $175 check signed by […]

2016A statue is seen next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany. Kai Pfaffenbach | Reuters Technology stocks outperformed the broader markets over the past decade. Thanks to the bull run, the tech-heavy Nasdaq 100 Index (NDX) gained over 356% in value compared with a 160% rise […]

Shareholders watch Warren Buffett and Charlie Munger from the overflow room during the Berkshire Hathaway annual meeting on Saturday, May 6, 2023, in Omaha, Neb. Rebecca H. Gratz | AP Berkshire Hathaway‘s annual shareholder meeting on Saturday included dozens of questions spanning topics such as investing strategy, artificial intelligence and […]

Berkshire Hathaway CEO Warren Buffett on Saturday assailed regulators, politicians and the media for confusing the public about the safety of U.S. banks and said that conditions could worsen from here. Buffett, when asked about the recent tumult that led to the collapse of three mid-sized institutions since March, launched […]

Follow our live coverage of Warren Buffett at Berkshire Hathaway meeting. OMAHA, Neb. — Warren Buffett said Saturday that Berkshire Hathaway doesn’t plan on taking full control of Occidental Petroleum, an oil giant where it has amassed a stake north of 20%. related investing news “There’s speculation about us buying control, we’re […]

OMAHA, Neb. — Warren Buffett struck a pessimistic tone about Berkshire Hathaway‘s myriad of businesses on Saturday, saying he expects an earnings decline in light of an economic slowdown. “In the general economy, the feedback we get is that, I would say, perhaps the majority of our businesses will actually […]

Follow our live coverage of Warren Buffett at Berkshire Hathaway meeting. Berkshire Hathaway CEO Warren Buffett said Saturday that regulators avoided a financial disaster by making sure that Silicon Valley Bank customers didn’t lose money in the firm’s collapse. The sudden downfall of SVB in March forced the Federal Deposit Insurance Corp. to seize […]

Oprah Winfrey has a highly decorated media career, winning 20 Emmy awards, a Tony award and a Peabody award, amongst many others. These feats may not have happened, however, if it wasn’t for a reality check from a college professor. Winfrey, 69, started her sophomore year with a career in […]

Warren Buffett on Saturday boiled down value investing, the strategy that has helped him amass his wealth, in one sentence. “What gives you opportunities is other people doing dumb things,” the “Oracle of Omaha” said at Berkshire Hathaway‘s annual shareholder’s meeting. related investing news Value investing typically refers to buying […]