Update: Prologis, RE/MAX Shares Rise; Judge Grants Preliminary Approval on Real Estate Commission Settlement
Update: Prologis, RE/MAX Shares Rise; Judge Grants Preliminary Approval on Real Estate Commission Settlement
David Kirsch, 64, is hoping to live comfortably in retirement — but he isn't sure his savings and Social Security will cover his living expenses.
Many Americans wonder how much money to withdraw from their retirement savings each year, and financial expert Suze Orman believes that the 4% retirement rule is no longer the answer. Orman, known for her blunt and hard-hitting financial advice, discussed why so many Americans are living paycheck to paycheck and her opinion on retirement savings during an interview with SecureSave Co-Founder Devin Miller for Moneywise Don't Miss: The average American couple has saved this much money for retireme
Berkshire Hathaway significantly reduced its enormous stake in Apple in the first quarter, as Warren Buffett's conglomerate let its cash hoard swell to a record $189 billion. Buffett's company also posted a record operating profit exceeding $11 billion, as its insurance operations benefited from improved underwriting and higher income from investments as interest rates rose. The value of Berkshire's stake in Apple fell 22% to $135.4 billion as of March 31 from $174.3 billion at the end of 2023, even though the iPhone maker's share price fell just 11% in the quarter.
The Securities and Exchange Commission on Friday charged an auditing firm hired by Trump Media and Technology Group just 37 days ago with “massive fraud” — though not for any work it performed for former President Donald Trump’s media company. The SEC charged the accounting firm BF Borgers and its owner, Benjamin F. Borgers, with “deliberate and systematic failures” in more than 1,500 audits. To settle the SEC charges, BF Borgers agreed to pay a $12 million fine while its owner agreed to pay a fine of $2 million, according to the SEC.
Trump Media's auditor was a "sham" and committed "massive fraud" for over two years, regulators said.
The regulatory agency said that hundreds of audits done by BF Borgers CPA PC contained “deliberate and systemic failures” that included false documentation to make it appear its reports complied with standards set by the Public Company Accounting Oversight Board.
OMAHA, Nebraska (Reuters) -Warren Buffett took the stage at Berkshire Hathaway's annual meeting on Saturday, paying tribute to his longtime business partner Charlie Munger while saying Berkshire is committed to holding Apple despite cutting its stake. The meeting is the 60th for Buffett, 93, since he took over Berkshire in 1965. The shareholder meeting is the first since Charlie Munger, Buffett's longtime friend, business partner and foil, died in November at age 99.
Apple may be having issues keeping its revenue growth up, but its growing services business has turbocharged its margins, which continue to increase significantly overall.
(Bloomberg) -- The Securities and Exchange Commission accused the auditor of Donald Trump’s social-media company of massive fraud affecting hundreds of companies and more than 1,500 regulatory filings.Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineThe World’s Hunger for Salmon Is Linked to an Ecological DisasterTrump Aide Hicks Cries on Witness Stand, Recalls 2016 ChaosG-7 Eyes Plan on US-Led $50
Elon Musk's Tesla, Inc., has sued an India company called Tesla Power India in the Delhi High Court, alleging copyright infringement.