The affably-named "Oracle of Omaha" has delivered a cumulative return of more than 5,400,000% for Berkshire Hathaway's Class A shares (BRK.A) since becoming CEO in the mid-1960s. Portfolio concentration has been an unsung hero for Warren Buffett and Berkshire's shareholders. Five unstoppable businesses account for almost $310 billion of Berkshire...

75% of Warren Buffett's $416 Billion Portfolio Is Invested in 5 Unstoppable Stocks

NBC News

Starbucks on Tuesday reported quarterly revenue that missed analysts’ expectations as both its U.S. and international cafes faced weaker demand. Shares of the company rose more than 1% in extended trading. Here is what the company reported compared to what Wall Street was expecting, based on a survey of...

Starbucks is reeling as customers go elsewhere, sales decline

New York Post

Billionaire investor Warren Buffett has dumped more than $3 billion worth of shares in Bank of America over the past weeks, taking profits after a big run-up in the second-largest US lender’s stock price.

The 93-year-old Buffett, dubbed ‘the Sage of Ohama’, disposed of 18.4 million of the bank’s shares for $767 million between July 25 and 29, according to a Monday night regulatory filing.

In all, his investment conglomerate, Berkshire Hathaway, has sold 71.2 million Bank of America shares for $3.05 billion since July 17, but still retains a 12.5% stake in the Charlotte, NC-based lender.



Berkshire Hathaway remains the bank’s largest shareholder...

Warren Buffett dumps $3B worth Bank of America shares to cash in on soaring stock price

Berkshire Hathaway shed a total of 19.2 million BofA shares on Tuesday, Wednesday, and Thursday for almost $779 million at an average selling price of $40.52 per share, according to a new regulatory filing. The conglomerate has now been offloading the bank stock for 12 consecutive days with total sales...

Buffett's Berkshire sells $3.8 billion worth of Bank of America in 12-day selling spree

Berkshire Hathaway's cash hoard is likely to exceed its previous record of $189 billion when it reports second-quarter earnings Saturday morning. Buffett has been offloading winning investments in Apple, Bank of America and BYD, making some believe the Oracle of Omaha has grown concerned that the bull market is overheated.

Berkshire's mounting cash pile could top $200 billion as Buffett continues selling stock

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Starbucks, Coca-Cola Seek Trademark Renewal in Russia(Kevin Dietsch/Getty Images) (Credit: Getty Image) Starbucks' sales tumbled globally as more US and international consumers rejected its high-priced coffees. Starbucks sales dropped by 3% globally at all stores open for at least a year, according to its recent financial release. In North America...

Starbucks Sees Declining Sales as More Consumers Step Away From High-Priced Coffee

Business Insider

Amazon CEO Andy Jassy says shoppers are pulling back on pricey purchases, and trading down to lower-priced items. It's not a bright outlook.

Amazon just gave a bleak sign about the economy

Los Angeles, CA

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L.A. TACO

Pocha L.A. Modern Mexicana Kitchen , a proudly Mexicana, "Angelina"-owned restaurant, has announced its imminent closure in Highland Park. The restaurant's last day for deconstructed blini-like "burritas," healthy salads, and chilaquiles will be this Sunday, August 4th, though owners say they are looking for a new location.

Chicana-Led Pocha L.A. Announces Its Closure In Highland Park

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Visa (V -0.19%) stock has been down over the last few months due to concerns about weakening consumer spending. The company's recent earnings results missed analysts' revenue estimates, coming in $200 million below expectations. In addition, the company saw a further deceleration in U.S. consumer spending in July, leading many...

Visa Stock Is Down 11% Since March. Should Investors Buy the Dip?

Denver, CO

David Heitz

In addition to collecting more than 8,000 used needles in the past year from Denver drug users, the Harm Reduction Action Center passed out 10,000 meth pipes and “snort kits,” according to a newsletter sent to its supporters Thursday. They also connected about 1,700 people to medical, mental health and substance abuse treatment.

Denver group hands out 10K meth pipes, ‘snort kits,’ connects 1,700 to treatment annually

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Polk County, FL

Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

Douglas, GA

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Daily Coffee Press

A local Walmart employee was recently arrested on a misdemeanor charge after allegedly stealing over $60 worth of merchandise from the store. Additionally, she faced a felony charge after officers discovered suspected methamphetamine in her locker during the arrest.

Douglas Walmart Employee Arrested for Methamphetamine Possession and Shoplifting

Colorado State

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Bucks County Beacon

Conservatives have done the United States a huge favor by explaining in detail what they’ll try to do if Donald Trump is reelected. Project 2025 , a “presidential transition project” of the Heritage Foundation, helpfully lays out how a group of former Trump officials would like to transform the country into a right-wing dystopia where the rich thrive and the rest of us die aspiring to be rich.

Project 2025’s Plan to Gut Medicare and Medicaid

The Motley Fool

Coke is growing its top and bottom lines despite a challenging operating environment.

3 Reasons Why Coca-Cola Stock Just Hit an All-Time High

WASHINGTON (AP) — U.S. hiring decelerated sharply last month in the face of high interest rates as employers added a weak 114,000 jobs. Friday’s Labor Department report showed a drop from the 179,000 jobs created in June. Forecasters had expected to see 175,000 jobs in July. The unemployment rate rose to 4.3%.

US added just 114,000 jobs in July, unemployment rate hits 4.3%

Massachusetts State

Dianna Carney

Sandy Paws Rescue Inc., a foster-based rescue in Massachusetts, has recently introduced a tiny 8lb dog named Bingo who is looking for her forever home. Bingo is a 3-year-old Shih Tzu mix with an adorable appearance and a sweet disposition. However, she needs a patient and understanding owner who recognizes that "dogs are not toys, and not all dogs love to be picked up right away," explains Sandy Paws Rescue Inc. This little lady requires some decompression time upon arriving at her new home to settle in comfortably.

Meet The Sweet Little Lady Looking For Love

NewsBreak

Walgreens plans to sell another slice of its Cencora stake for $1.1 billion

The struggling drugstore chain Walgreens will get about $1.1 billion for selling another slice of its stake in drug distributor Cencora. Walgreens said after markets closed...

Walgreens plans to sell another slice of its Cencora stake for $1.1 billion

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