Feb 15, 12:13 PM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By Matthew Frankel 02/15/19 AT 11:41 AM While it wasn't the largest move in terms of the dollar amount, one of the biggest surprises in Berkshire Hathaway's (NYSE:BRK-A) (NYSE:BRK-B) latest 13-F filing was that the company sold nearly three million shares of tech heavyweight Apple (NASDAQ:AAPL) during the fourth quarter of 2018. This caught many investors off-guard. After all, Berkshire has added to its Apple investment in nearly every quarter since it was first added to the portfolio a few years ago, and CEO Warren Buffett has said that he likes Apple so much that he'd love to own the entire company if he could. To be clear, this sale wasn't a particularly large portion of Berkshire's Apple investment. Sure, the 2,889,450 Apple shares Berkshire unloaded are worth about $491 million at the current market price, and … [Read more...] about Warren Buffett Just Sold 3 Million Apple Shares – Or Did He?
LAWRENCE, Mass. — Sen. Elizabeth Warren formally announced her candidacy for the White House Saturday, framing herself as a champion of the middle class who would fight to overhaul a rigged system built to benefit the wealthy. Yet, a renewed furor over how she’s addressed past claims of her Native American heritage still follow her, threatening to distract her messaging as she readies to embark on a national tour.Story Continued Below With a backdrop built to look presidential, complete with bunting and oversized banners that read “Warren,” Warren spoke from Everett Mills, the same spot where a historic labor strike once led thousands of women to walk off their factory jobs. Hundreds of supporters cheered and waved flags behind her. Before a crowd of thousands, with some ducking into warming tents for relief from temperatures in the 20s, Warren delivered the formal announcement in her home state while attempting to ride a wave of energy and momentum to break … [Read more...] about Warren launches 2020 bid amid ancestry fallout
Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page Victoria McGrane and Liz Goodwin Globe Staff February 08, 2019 Representative Joseph P. Kennedy III, heir to that famous Democratic dynasty, plans to endorse Elizabeth Warren’s bid for the 2020 Democratic presidential nomination at her announcement Saturday, according to people familiar with the event.Kennedy will announce his support for Warren in a speech introducing her Saturday, they said. He is expected to focus heavily on economic issues and detail Warren’s efforts in that space, arguing that her record sets her apart.It’s a high-profile endorsement for Warren at a time when the vast majority of big-name Democrats are hanging back and waiting to see how the ever-expanding field shakes out. Kennedy will be one of the first sitting members of Congress to formally back any of the declared 2020 candidates. US Representatives Ted Lieu, Katie Hill, … [Read more...] about Joe Kennedy to introduce, endorse Warren at presidential announcement
Updated 9:56 am PST, Sunday, February 3, 2019 U.S. Sen. Elizabeth Warren wants to make sure the United States never uses nuclear weapons first. U.S. Sen. Elizabeth Warren wants to make sure the United States never uses nuclear weapons first. Photo: Carlos Giusti, AP Photo: Carlos Giusti, AP Image 1 of / 30 Caption Close Image 1 of 30 U.S. Sen. Elizabeth Warren wants to make sure the United States never uses nuclear weapons first. U.S. Sen. Elizabeth Warren wants to make sure the United States never uses nuclear weapons first. Photo: Carlos Giusti, AP US Sen. Warren: Ban US first strike nuclear weapons option 1 / 30 Back to Gallery BOSTON (AP) — U.S. Sen. Elizabeth Warren … [Read more...] about US Sen. Warren: Ban US first strike nuclear weapons option
Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page Liz Goodwin Globe Staff January 24, 2019 Senator Elizabeth Warren proposed a new “Ultra Millionaire” tax targeting the richest families in America Thursday, setting down an aggressive marker for the rest of the Democrats vying for the 2020 presidential nomination.The Massachusetts Democrat wrote on Twitter that the rich and powerful had shirked their fair share of taxes for too long. “After making a killing from the economy they’ve rigged, they don’t pay taxes on that accumulated wealth,” she wrote. “It’s a system that’s rigged for the top if I ever saw one.” Advertisement Unlike the vast majority of tax proposals unveiled by politicians in the past, Warren’s vision is to tax accumulated wealth, not income. Get Today in Politics in your inbox: A digest of the top political stories from the … [Read more...] about Elizabeth Warren will propose a ‘wealth tax’ on the very rich