Warren Buffett’s Berkshire Hathaway increased its stake in SiriusXM, now holding 32% of the satellite radio company. Berkshire bought over 3 million shares for over $80 million, according to an SEC ...
This strategic investment by Berkshire Hathaway, particularly under the management of investment guru Ted Weschler, is noteworthy given that the company has been perceived as a money-losing stake.
A lament about the demise of AM radio has been rising in the halls of Congress. Several automakers, most notably Tesla and Ford, have decided to stop putting AM radios in their electric vehicles. They ...