Author: Money and Markets Staff

California Governor Pitches Robust Budget as Revenues Surge

Posted by Money and Markets Staff | May 11, 2018 | Economy

Gov. Jerry Brown proposed a $137.6 billion general fund budget for California Friday amid surging revenues, kicking off his last round of negotiations with Democratic legislative leaders.

Buffett’s Company Reports a $1.1B 1Q Loss on Paper Losses

Posted by Money and Markets Staff | May 5, 2018 | Investing

Warren Buffett’s conglomerate reported the loss of 46 cents per Class B share shortly before its annual meeting in Omaha, Nebraska. A year ago, Berkshire reported $4.06 billion in net income, or $1.65 per Class B share.