Economics/Class Relations

Warren Buffett’s Berkshire Hathaway just plowed another $250 million into Occidental Petroleum. It now commands a 19.2% stake worth over $10 billion

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Warren Buffett's Berkshire Hathaway just plowed another $250 million into Occidental Petroleum. It now commands a 19.2% stake worth over $10 billion

Warren Buffett’s Berkshire Hathaway just plowed another $250 million into Occidental Petroleum. It now commands a 19.2% stake worth over $10 billion

If Buffett’s company reaches a 20% stake in Occidental, it can include a share of the energy company’s profits in its own earnings.

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Elon Musk's 76-year-old dad says he's had another child with his 35-year-old stepdaughter: 'The only thing we are on Earth for is to reproduce'

Elon Musk’s 76-year-old dad says he’s had another child with his 35-year-old stepdaughter: ‘The only thing we are on Earth for is to reproduce’

The revelation came shortly after Insider reported Elon Musk quietly welcomed twins last year with one of his top Neuralink executives, Shivon Zilis.

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Russian oil arrives in Cuba as Moscow finds alternative buyers for its shunned supplies

Russian oil arrives in Cuba as Moscow finds alternative buyers for its shunned supplies

The tanker’s cargo of 700,000 barrels of Russian oil is worth roughly $70 million at the current market price.

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Bank of America just slashed it year-end S&P 500 forecast to the lowest on Wall Street as it expects a recession this year to last through early 2023

Bank of America just slashed it year-end S&P 500 forecast to the lowest on Wall Street as it expects a recession this year to last through early 2023

Bank of America revised its outlook for the stock market after the latest CPI report, and now also predicts a mild recession in 2022.

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Categories: Economics/Class Relations

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