Warren Buffett’s Berkshire Hathaway has disclosed that it has 121 million shares of HP Inc. News of the roughly 11.4% stake sent shares in the computer company soaring 10%. The stake is worth about $4.2 billion. Berkshire also is a major Apple shareholder. The HP move comes after Buffett’s company invested in insurer Alleghany Corp. and oil company Occidental Petroleum Corp., which were his...
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Streaming Services Should Beware Becoming Like Cable Companies
About a month ago, I finally reached my breaking point with YouTube TV, the streaming service I had subscribed to years earlier as a replacement for cable TV. I didn’t think twice about paying $40 a month for it in 2018, but after years of price increases—YouTube TV now costs $73 a month—I realized my family wasn’t watching it nearly enough to justify the money. So I ditched it. More...
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