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The hitchhiker’s guide to where we stand with a potential government shutdown
It is becoming increasingly obvious to lawmakers that the only way to avert a partial government shutdown at the end of next week is to do a stopgap spending bill known as a CR – short for continuing resolution. Such a bill simply renews all spending at current levels. There simply isn’t enough time to […]
Buffett’s Empire Amasses Record $325.2 Billion Cash Reserve
Warren Buffett’s Berkshire Hathaway reported a slight decrease in operational profits for the third quarter of 2024. The company’s earnings, excluding certain investment results, reached $10.1 billion. This figure represents a 6% decline compared to the $10.8 billion earned in the same period last year. Buffett considers operational profits as the best indicator of Berkshire’s […]
BYD CEO forecasts 30% green fleet with electric and ethanol hybrid vehicles in Brazil
Stella Li, a key figure at the Chinese behemoth BYD for 28 years, oversees the company’s operations in the Americas, including its investments in Brazil. After China and Thailand, Brazil ranks third to host a BYD plant manufacturing hybrid and electric vehicles. BYD plans to inaugurate three facilities in Bahia this October, previously housing the […]