Recent Posts

Why Buffett hasn’t delivered a big deal

  There’s certainly no shortage of cash lying around at Berkshire Hathaway Inc. Even so, Warren Buffett’s struggle to find the $407 billion company’s next meaningful acquisition shows that his relative buying power has diminished. If you attended or streamed the shareholder meeting on Saturday, you heard a lot about Berkshire’s soaring cash pile, which stood at $96.5 billion as ...

Read More »

Goofing off at work masks rising productivity

  In his new book “The Complacent Class,” my Bloomberg View colleague Tyler Cowen mentions that more Americans may be slacking off at work. He offers this as one more measure of the comfortable malaise into which American culture has settled. But it also occurs to me that if leisure is replacing effort at work, it means that the country ...

Read More »

Saudi near flat on varying Q1 results, Qatar rebounds

  DUBAI / Reuters First quarter results from major companies drove trading on Saudi Arabia’s stock exchange on Wednesday, with the Riyadh index edging 0.2 percent higher, while Qatar’s bourse outperformed as investors bought shares on recent price dips. Majority state-owned Saudi Electricity (SEC) rose 2.2 percent in trading that exceeded its one-month average daily volume after the company swung ...

Read More »
Send this to a friend