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Warren Buffett likes stocks again

Warren Buffett is a living, breathing billionaire, but he’s also a leading economic indicator. So after his Berkshire Hathaway Inc. dumped almost $13 billion of stocks in the throes of the Covid-19 crisis, investors were beside themselves. They’ll now be quite relieved to see that his company is back in buying mode, making the biggest outlay for equity purchases in ...

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Payment plumbings gush profits for private equity

Mashing together the plumbing of the payments industry has provided a steady stream of deals for bankers. With Nexi SpA inking its agreement to buy Nets S/A over the weekend, the European sector now looks to be coalescing around two players, one French and one Italian. But this is probably only the end of the beginning for consolidation. Nexi’s combination ...

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Fossil-fuel workers can be part of climate action

Reviving America’s commitment to fighting climate change will require effort from politicians, energy executives, to some extent everyone. Yet one group must not be forgotten: the fossil-fuel workers who have for decades toiled to power the country’s growth. They’ll bear much of the cost to ensure a sustainable future. They deserve much more support than they’ve seen so far. The ...

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