The Flaw in Warren Buffett's Estate Plan

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The Flaw in Warren Buffett's Estate Plan

Warren E. Buffett’s annual letter to shareholders is always parsed for investing wisdom from the Oracle of Omaha. And for good reason: His success at investing is well known. He points out in this year’s letter, which was released last weekend, that Berkshire …
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Ex-Barclays Bankers Cleared Over Qatar Fees in Blow to UK Fraud Office

LONDON — Three former Barclays executives were acquitted in London on Friday of charges they helped funnel 322 million pounds ($418 million) in secret fees to Qatar during the credit crisis, in return for rescue funding. In a blow to the UK’s …
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Is Cisco Systems Stock a Buy?

Networking equipment giant Cisco Systems (NASDAQ:CSCO) hasn’t been kind to its investors recently. The stock has fallen 18% over the past 52 weeks, missing out on a 12% gain in the S&P 500 index. The tech-heavy Nasdaq Composite Index rose 24% …
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Huawei exec: The US can't afford to work without us

Joy Tan is SVP of public affairs at Huawei Technologies USA. The opinions expressed in this commentary are her own. Perspectives Joy Tan. The rollout of 5G technology will bring faster downloads and uploads, reduced lag time, smarter devices in our …
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US Household Income Jumped, Consumer Spending Edged Higher in January

WASHINGTON—Household income rose solidly in January and consumer spending edged higher, while inflation remained in check, signs of stability for the U.S. economy at the start of the year. Personal-consumption expenditures, or household spending, …
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