Buffett’s Berkshire Boosts Its Stake in Bank of America to 11.8% | Investing News

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(Reuters) – Warren Buffett’s Berkshire Hathaway Inc

said on Thursday it has bought another $522 million of stock in Bank of America Corp

, boosting its already large stake in the second-largest U.S. bank by assets.

Berkshire bought about 21.2 million Bank of America shares from July 28 to 30, according to a regulatory filing.

Following those purchases, Berkshire owned a total of 1.02 billion shares in Bank of America which roughly represents an 11.8% stake in the company.

Berkshire has spent more than $1.7 billion on 71.5 million Bank of America shares since July 20, including the latest purchases, according to regulatory filings.

Berkshire began investing in Bank of America in 2011, a time many investors worried about the bank’s capital needs, when it acquired $5 billion of preferred stock plus warrants to buy 700 million common shares.

By the end of March, Bank of America had become Berkshire’s

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Sheffield United news LIVE: Blades ‘borrow money from bank against Bramall Lane & assets’ | Chris Wilder’s big selection dilemma ahead of Wolves | Sander Berge on Premier League intensity

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Last updated: Monday, 06 July, 2020, 16:45

  • Chris Wilder spoke to the media this afternoon
  • The Blades boss says he has a big selection dilemma to make
  • Sander Berge believes he is coping better with intensity of Premier League
  • The Blades drew 1-1 at Burnley yesterday
  • Jack O’Connell came off the bench after recovering from a knee injury and is now in contention for a start against Wolves on Wednesday
  • Blades have borrowed money from Emirates Bank, secured against Bramall Lane and the club’s other properties 

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Valleywise Health is helping unemployed people with health insurance questions | Arizona News

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PHOENIX (3TV/CBS 5) – Many people have lost their jobs due to the COVID-19 pandemic which has led to lapse in health insurance coverage. And with everything going on, it’s more important than ever to have access to health care coverage. 

When in this situation, many are overwhelmed and have a lot of questions. Valleywise Health wants to be able to take away from of the stress and answer your questions.

On Saturday from 8 a.m. to 12 p.m., Valleywise will be answering calls for anyone with health insurance questions through a phone bank. Callers will speak directly with certified eligibilty specialists from Valleywise Health.

“With unemployment rates at an all-time high and the uncertainty around COVID-19, Valleywise felt it their duty to help where they can so that families don’t delay care for fear of how to pay.”

Callers will get information about what they qualify for, how to

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‘Who Wants To Be A Millionaire?’ Duo Claudia Rosencrantz & Adrian Woolfe Launch Entertainment News Network LIT

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Click here to read the full article.

EXCLUSIVE: Claudia Rosencrantz and Adrian Woolfe, two TV industry veterans who turned Who Wants To Be A Millionaire? into a global phenomenon, are launching a CNN-style entertainment news network as an offshoot of their Studio 1 production outfit.

The duo have gone live with LIT across YouTube, Instagram, Facebook and Twitter, and are pitching the U.S.-focused channel as a destination for social media savvy youths who are hungry for a sideways take on news involving their favorite TV, movie and music stars, and online influencers.

More from Deadline

LIT is currently broadcasting live for an hour every weekday, but the ambition is that, within the next three years, it will ultimately evolve into a 24-hour rolling news proposition with operations around the world. As well as broadcasting on social media, LIT is in discussions with most major platforms about distribution, and it

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An entrepreneur’s guide to June’s startup news

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As Latin America braces for another wave of coronavirus infections that threaten to bring down healthcare systems, the region’s innovators have been making strategic moves to fortify their business interests while simultaneously providing services that directly assist those most impacted by the pandemic.

The month of June kicked off with the World Health Organization declaring Latin America and the Caribbean as the new epicenter of the coronavirus, with 938,000 cases documented by June 1st.

That number would only increase throughout the month, with today the region accounting for 50% of all cases in the Americas.

Against the surge in cases and WHO officials’ concerns about rapidly spreading coronavirus outbreaks in the Americas, the tech sector has continued to find new and innovative ways to not only ride out the storm, but to flourish with new offerings, expansions, and partnerships to meet the evolving needs of those they

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Tucker Carlson Writer Resigns From Fox News After Racist Posts Were Exposed Online

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A top writer for Fox News’ host Tucker Carlson resigned from the network after he was exposed for posting bigoted comments online.

According to CNN Business, writer Blake Neff had spent years secretly writing racist, sexist, and homophobic remarks on AutoAdmit, an unmoderated online forum widely refer to as the “4Chan for law students and lawyers.” The outlet reports Neff was posting on the forum as recently as this week under the pseudonym CharlesXII. One of his latest comments was posted on a thread dating back to 2018 with the subject line: “Would u let a JET BLACK congo n***** do lasik eye surgery on u for 50 percent off?”

Neff reportedly responded, “I wouldn’t get LASIK from an Asian for free, so no.”

CNN also pointed to a June 5 post by CharlesXII, who wrote, “Black doods staying inside playing Call of Duty is probably one of the biggest

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Top Tucker Carlson writer at Fox News resigns after alleged racist, sexist online remarks

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A top writer for Fox News host Tucker Carlson has resigned after reports surfaced that he had posted racist and sexist comments in an online forum known to be a hotbed for offensive and bigoted remarks, Fox News executives confirmed in a memo Saturday.

CNN Business first reported Friday that Blake Neff was a frequent poster on AutoAdmit, also known as XOXOhth. Racist and sexist comments are rampant in the relatively unmoderated message board meant for lawyers and law school students. CNN Business found that Neff used a pseudonym to post bigoted remarks on the platform while he worked at Fox News. Neff worked at the company for about four years.

NBC News attempted to contact Neff by phone and email Saturday, but he could not be reached.

Neff wrote posts such as “Black doods staying inside playing Call of Duty is probably one of the biggest factors keeping crime

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Fox News host Tucker Carlson’s top writer resigned. A CNN Business report alleges he used racist, sexist language on an online forum under a pseudonym.

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Tucker Carlson, host of "Tucker Carlson Tonight," poses for photos in a Fox News Channel studio, in New York, Thursday, March 2, 2107.
Tucker Carlson, host of “Tucker Carlson Tonight,” poses for photos in a Fox News Channel studio, in New York, Thursday, March 2, 2107.

Richard Drew/AP

  • Blake Neff, the top writer for Fox News host Tucker Carlson has resigned, a network spokesperson confirmed to Business Insider.

  • His resignation came in tandem with a shocking report from CNN Business, which highlighted the alleged racist and sexist posts made on the online forum AutoAdmit by a user CNN Business says is Neff.

  • The alleged comments ranged from deriding the Black Lives Matter movement and mocking women he was connected with on social media and calling them “shrews.”

  • The Fox News spokesperson did not elaborate on the circumstances behind his departure nor did they comment on the CNN Business report.

  • Blake Neff has worked for Fox News for nearly four years and joined Carlson’s show shortly after its inception in November 2016, according to

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