The Berkshire Hathaway conglomerate-cum-empire of Warren Buffett grew more diverse today as it announced it had acquired a metal parts manufacturer called Precision Castparts for $37.2 billion, including debt.
Berkshire now has holdings in companies as diverse as insurance, railroads, chocolates and the latest company that makes airplane parts. Berkshire’s market capitalization stands at a gargantuan Read more […]
In a move that has surprised one and all, Google is restructuring how it runs itself. Google has created a new company called Alphabet that “is mostly a collection of companies,” writes Larry Page, the new CEO of Alphabet.
This already sounds like Warren Buffett’s Berkshire Hathaway and the way companies operate as independent entities under the Berkshire umbrella. Sergey Brin, Google’s co-founder, Read more […]
If a car can be proud of its heritage and try to sell on pedigree, the Ford Mustang is certainly one such car. In its 50th year, the Ford Mustang GT Convertible with a 5.0 liter V8 engine continues a proud legacy.
It’s fast and powerful and ticks all the points when it comes to speed with a 420 horsepower engine that will take you from zero to 60 mph in 4.8 seconds. It packs more torque than Read more […]
Warren Buffett’s Berkshire Hathaway Inc. reported a 37% fall in 2Q2015 profits, including a loss of $38 million in insurance underwriting operations.
Berkshire Hathaway reported net income of $4.1 billion in the second quarter, or $2,442 per share, compared to $6.4 billion, or $3,889 per share, a year earlier. The diversified Berkshire group has interests across insurance, railroads, utilities Read more […]
Apple’s next iPhone launch date may be September 09, according to rumors. John Paczkowski of Buzzfeed News writes quoting sources that Apple will hold an event the week of September 7th and the date is most likely to be Wednesday, September 09, the same date on which Apple held its event last year.
This fall, Apple’s launches will include an iPhone 6S (most likely, though not confirmed) as well Read more […]
If you want the best of Swiss watch-making traditions and precision and also want to wear an Apple Watch or Apple Watch Edition at the same time, well, a Nico Gerard Pinnacle watch is just what the doctor ordered.
If you thought Apple Watch Sport, Apple Watch and Apple Watch Edition smartwatches were rather expensive at $350, $500 and $10,000 respectively, what will you say about the Nico Gerard Read more […]