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Berkshire cash pile hits record $122 billion as profits increase

Bloomberg Warren Buffett’s distaste for overpaying is winning out over his frustration with sitting on a lot of cash. With stocks at record highs, Berkshire Hathaway Inc. sold $1 billion more worth of stocks than it bought last quarter, its biggest net selling since the end of 2017. Buffett spent last year building a massive stake in Apple Inc. and ...

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Poland’s $32 billion mortgage fiasco gets its day in EU court

Bloomberg From his humble beginnings setting up a one-man law firm in Warsaw, Jacek Czabanski has become a crusader for Poland’s struggling mortgage holders, fighting a battle that stands to reshape the country’s powerful banking industry. Since 2015, Czabanski has been busy building a case for several hundred mortgage holders who have sued their banks for what they say are ...

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White House weighs September release of new health care plan

Bloomberg The Trump administration is considering releasing a health care plan next month to counter the push by some 2020 Democratic candidates for a Medicare for All program, Dow Jones reports, citing people familiar with the discussions that it didn’t identify. The plan could include a guarantee to maintain coverage for people with pre-existing conditions, as well as efforts to ...

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