Speaking to Berkshire Hathaway shareholders on Saturday, Warren Buffett criticized how regulators and lawmakers have handled recent bank failures and said that the ongoing debt ceiling showdown will sow even more chaos.
Share:
More In Business
Chipotle Sues Sweetgreen Over New Menu Item
Chipotle filed a lawsuit in California federal court against Sweetgreen over the salad chain's chicken burrito bowl, claiming infringement for using the word "chipotle" in the name.
UBS Confident About Credit Suisse Deal Despite 'Huge' Risk
The head of UBS has voiced confidence that the Swiss bank will succeed in a government-engineered takeover of hobbled rival Credit Suisse.
Jeep Announces New 2024 Wrangler SUV
Jeep unveiled its 2024 Wrangler SUV, with more capabilities and updated technology.
Major Crypto Tokens Trade Higher
Major crypto tokens, including Bitcoin, are trading higher.
Bed Bath & Beyond Tries to Stock Shelves in Bid to Avoid Bankruptcy
Bed Bath & Beyond struck a deal with an investment management firm to get more product on the shelves in an effort to avoid bankruptcy.
Google's New AI Computer to Challenge Nvidia Competitor
Google revealed details of its new artificial intelligence supercomputer on Wednesday.
Mortgage Demand Down Even Though Rates Dipped
Demand for mortgages was down last week, even though rates inched lower for potential homebuyers.
Inflation Impacts Walmart as Retail Giant Looks to Automation
Walmart told shareholders Wednesday that inflation is impacting the business. Now it is looking to add automation to offset hiring.
Bob Lee, Cash App Founder and MobileCoin Exec, Slain at 43
Bob Lee, a technology executive who created Cash App and was currently chief product officer of MobileCoin, has been fatally stabbed in San Francisco.
