buffett
Washington (AFP) - American singer-songwriter Jimmy Buffett, best known for his 1977 hit "Margaritaville," has died at age 76, a statement on his website said. "Jimmy passed away peacefully on the night of September 1st surrounded by his family, friends, music and dogs," the statement said. "He lived his life like a song till the very last breath and will be missed beyond measure by so many." The statement did not provide a cause of death. Buffett's classic chill-out anthem "Margaritaville," about beachfront living with a drink in hand, spent 22 weeks on the Billboard chart, and helped launch ...
AFP
Washington (AFP) - American singer-songwriter Jimmy Buffett, best known for his 1977 hit "Margaritaville," has died at age 76, according to a statement on his website. "Jimmy passed away peacefully on the night of September 1st surrounded by his family, friends, music and dogs," the statement said. "He lived his life like a song till the very last breath and will be missed beyond measure by so many." The statement did not include a cause of death. Buffett's classic chill-out anthem "Margaritaville," about beachfront living with a drink in hand, spent 22 weeks on the Billboard chart, and helped...
AFP
New York (AFP) - Investment tycoon Warren Buffett said Saturday that messaging from the US government over the regional banking crisis had been "poor," suggesting that is why confidence has not returned among consumers. Four regional banks have been caught up in crisis since the beginning of March in the United States, three of them subsequently taken over by other institutions with the help of authorities. For two of them -- Silicon Valley Bank (SVB) and Signature Bank -- the Federal Deposit Insurance Corporation (FDIC) took the controversial decision to support their uninsured deposits, citi...
AFP
New York (AFP) - The billionaire finance guru Warren Buffett, who complained recently that he did not know where to put his money, said Saturday he has invested billions of dollars so far this year, even as he took jabs at Wall Street. Buffett, 91, took questions for five hours at the much-anticipated annual shareholder meeting of his holding company Berkshire Hathaway in Omaha, Nebraska, its first in-person gathering since before the Covid-19 pandemic. He did so along with his right-hand man Charlie Munger, who is 98. The event, dubbed a "Woodstock for Capitalists," draws thousands of shareho...
AFP
New York (AFP) - Berkshire Hathaway, the holding company of billionaire businessman Warren Buffett, saw its net profit plunge by 53 percent in the first quarter due to a drop in the paper value of its investments, it said. The announcement came as the corporation prepared for a much-anticipated annual shareholder meeting Saturday in Omaha, Nebraska, its first in person since before the Covid-19 pandemic. The event, dubbed a "Woodstock for Capitalists," draws thousands of shareholders from around the world to hear the investment wisdom of the 91-year-old Buffett, revered among investors as the ...
AFP
Washington (AFP) - Ninety-year-old billionaire Warren Buffett reaffirmed his fervent belief in the American Dream in a letter to investors published Saturday -- advising them never to bet against the country despite its many problems. "In its brief 232 years of existence, there has been no incubator for unleashing human potential like America," he said in the message to investors in his Berkshire Hathaway conglomerate. Even after a particularly difficult 2020 -- when the Covid-19 pandemic plunged the world's largest economy into recession and pushed millions into poverty -- "our country’s eco...
AFP
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