Warren Buffett is buying more of his own stock as Berkshire profits surge

Warren Buffett's Berkshire Hathaway, like the rest of Corporate America, had a miserable first half of 2020 due to the Covid-19 pandemic. But as the stock market and economy has rebounded, so have the fortunes of the Oracle of Omaha's massive conglomerate.

News: What you need to know about the markets     Warren Buffett is buying more of his own stock as Berkshire profits surge Warren Buffett's Berkshire Hathaway, like the rest of Corporate America, had a miserable first half of 2020 due to the Covid-19 pandemic. But as the stock market and economy has rebounded, so have the fortunes of the Oracle of Omaha's massive conglomerate. Read more »   DraftKings buys Golden Nugget Online Gaming for nearly $1.6 billion DraftKings is making an even bigger bet on the business of high-stakes wagers, buying Golden Nugget Online Gaming, another leader in the online casino world, for $1.56 billion. Read more »   US job openings rose to a record high in June It's a hallmark sign of this strange pandemic labor market: America had a record 10.1 million jobs available in June, as businesses struggled to hire enough staff to support the full reopening of the economy. Read more »   Marlboro owner wants to buy a company that makes asthma inhalers. Health charities say it must be stopped A UK company that makes products to treat lung conditions could wind up in the hands of one of the world's biggest cigarette makers, prompting an outcry from health charities that are calling on the British government to block the deal. Read more »   Domino's is giving away $50 million of free food to take on DoorDash Domino's Pizza is taking on delivery apps that charge extra fees with a new giveaway totaling $50 million worth of free food. Read more »   Big moves for oil, gold and bonds after blockbuster US jobs report The US jobs report for July was really good. Read more »

Dow Nasdaq S&P -106.66   +24.41   -4.17 35,101.85   14,860.18   4,432.35 -0.30%   +0.16%   -0.09% YTD +14.69%   YTD +15.30%   YTD +18.00%

Biggest Winners Tyson Foods Inc +8.69%   Mosaic Co +3.40%   Nucor Corp +3.33%   Ball Corp +2.48% Biggest Losers Air Products and Chemicals Inc -5.18%   Darden Restaurants Inc -4.47%   Occidental Petroleum Corp -2.96%   Delta Air Lines Inc -2.55%

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Key Market Stats Latest Today's Change Oil $66.83 +0.35 / +0.53% Gold $1,731.40 +4.90 / +0.28% 10-yr 1.32% +0.03 Euro $1.17 -0.00 / -0.11%

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