Apple Inc. (NASDAQ:AAPL) shares have been bought by Billionaire Warren Buffett

Warren Buffett has just made a remark on Bitcoin and you must read

Billionaire Warren Buffett on Saturday said it is not likely that the United States and China will come to loggerheads on trade, saying the two countries would avoid doing "something extremely foolish".

Speaking of the United States trade deficit, Buffett said he would not like the gap to get too wide, but "when you think about it, it's really not the worst thing in the world to have someone send you the goods that you want and for you to send a piece of paper".

Analysts say a list of hard-line demands that the Trump administration handed China this week could make it even more hard to resolve a trade conflict between the world's two largest economies. USA regulators imposed $1 billion of fines last month over lending abuses.

Buffett said the USA and China are the two dominant economic players in the world, which inevitably leads to conflict.

"We've had that in the past a few times, I think we learned a general lesson on it".

The questions at the meeting always include a few focused more on life lessons than investing.

But he maintained that the bank was not "inferior", as an investment or morally, to its main rivals.

"Like any two big economic entities, there will be times when there are tensions", Buffett said.

Wells Fargo investors last week gave strong backing to the bank's directors and executives on Tuesday, indicating they are ready to give its revamped leadership time to rebuild from scandals that included its employees opening potentially millions of sham accounts.

Buffett addressed his alliance with another banker, JPMorgan Chase & Co's Jamie Dimon, and Amazon's Jeff Bezos to tackle healthcare.

"When you think about it, it's really not the worst thing in the world for someone to send you things you want and you hand them a piece of paper", Buffett said. Buffett said USA healthcare costs are a tapeworm on the economy, and he said the venture partners expect to name a chief executive within a couple months.

Mourinho: We weren't good enough
Brighton's win moves them up to 11th on the table, eight points clear of the relegation zone with two games to play. Now you have the answer why always Lukaku. "We are not as good as individually as people think we are".

US Fed keeps interest rates unchanged as market expects
A US high-level trade delegation travels to China Thursday to try to avert a trade war between the world's two largest economies. In the evening, the Euro fell against the U.S. dollar by 0.42% to 1.1943 USD. - The British pound fell 0.4 percent to $1.3563.

The dazzling U.S. unemployment rate is hiding a gloomier reality
Overall, the job gains occurred in professional and business services, manufacturing, health care, and mining categories. Employers added 164,000 jobs in April, slightly fewer than economists expected, but still better than in March.

Berkshire investors are also eager to see how Buffett might spend the company's $116 billion in cash and short-term investments.

At the annual shareholder meeting of Berkshire Hathaway Inc's, Buffett credited Apple Inc.

Billionaire Warren Buffett says Wells Fargo is cleaning up its act after the misconduct at the bank in recent years.

The accounting change required Berkshire to report unrealized losses in its equity portfolio, which totaled $170.5 billion at year end, regardless of whether it planned to sell those stocks.

Berkshire's assorted manufacturing, service and retail businesses generated $1.8 billion net income, up from $1.3 billion a year ago.

But operating profit, which excludes investment and derivative gains and losses, rose 49 percent to a record $5.

Berkshire's insurance unit, which includes Geico and several large reinsurance firms, reported a $407 million underwriting profit, compared with a $267 million loss a year ago.

A cutout of Warren Buffett is seen among Berkshire Hathaway shareholders on the exhibit floor at the CenturyLink Center in Omaha, Neb., Friday, May 4, 2018, where Berkshire brands display their products and services.

William Robertson, a Scotland native who fights fires and does forestry work in Switzerland, said he lined up at 11:30 p.m. Friday, 7-1/2 hours before doors opened.

This year's meeting is his third.

"We very much approve of them repurchasing shares".

Related news:

Hot News

isis-killer-beheading-video-story-top NEET 2018: Lakhs Of Students To Appear At 2255 Examination Centres Today
May 06, 2018 - 18:21
MDMK leader Vaiko said around 5,600 students were made to write the medical entrance exam in states like Kerala and Rajasthan. Therefore, TN students will forcefully to travel to other states to Kerala, Karnataka and some even to Rajasthan.

isis-killer-beheading-video-story-top Decision Time: Activision Blizzard, Inc (NASDAQ:ATVI) Stock Technicals Hit Inflection Point
May 06, 2018 - 17:45
Kelly sold 1,700,000 shares of the company's stock in a transaction dated Friday, February 23rd. $1.08M worth of Visa Inc. Freshford Capital Management Llc bought 24,560 shares as the company's stock rose 2.76% while stock markets declined.

isis-killer-beheading-video-story-top National Hockey League warns Bruins' Marchand to stop licking opponents
May 06, 2018 - 16:56
Lightning coach Jon Cooper took issue with the Halifax-born Marchand's methods, appearing completely befuddled at the post-game press conference.

isis-killer-beheading-video-story-top 'Nervous' Parent Calls Campus Police On Native Americans Students
May 06, 2018 - 16:50
The older of the two brothers is now a student at Northern New Mexico College in Espanola and hoped to transfer. Colorado State officials said they are working to ensure there's not a repeat of such an incident.

isis-killer-beheading-video-story-top Judge Questions Robert Mueller's Authority To Prosecute Paul Manafort
May 05, 2018 - 15:12
Manafort", he said. "We needed to understand and explore those relationships and follow the money where it led", Dreeben said. Ellis III's rebuke of Special Counsel Robert Mueller's team during a hearing for ex-Trump campaign chairman Paul Manafort .

isis-killer-beheading-video-story-top Southwest plans Hawaii flights for Oakland, San Jose, Sacramento
May 05, 2018 - 15:04
On April 17th, Southwest flight 1380, which departed LaGuardia Airport, experienced an engine failure on the left side. Ing Groep Nv holds 51,907 shs or 0.06% of its capital. 767,910 were reported by Chicago Equity Ptnrs Limited Co.

isis-killer-beheading-video-story-top Kylie Jenner is now the most valuable Instagram influencer
May 05, 2018 - 15:02
This week, Jenner posted a series of attractive images from the beach , including one of her going kayaking. The youngest member of the Kardashian clan was just named the most expensive celebrity on social media.

isis-killer-beheading-video-story-top Magnitude Earthquake Shakes Hawaii As Volcano Erupts On Big Island
May 05, 2018 - 14:43
Leilani Estates resident Meija Stenback told CNN affiliate KITV that she left the area with her family. The areas bordering the eastern part of the rift zone, Kim said, are "at high risk for eruption".

isis-killer-beheading-video-story-top Sonam Kapoor and Anand Ahuja wedding bells are tinkering in B-Town
May 05, 2018 - 14:28
Sonam Kapoor was spotted blushing in a video as actor Anupam Kher sent a congratulatory gift in advance. Shortly after her wedding, Sonam is scheduled to walk at the Cannes Film Festival Red Carpet.

isis-killer-beheading-video-story-top Nobel Prize for Literature cancelled over sex…
May 05, 2018 - 14:23
It may be literature's greatest honor, but the Nobel Prize has sometimes drawn negative attention to writers as well as praise. The Swedish Academy, the institution responsible for the awards, made the announcement this morning (4th of May).

isis-killer-beheading-video-story-top Atletico Madrid: Diego Simeone given touchline ban for Europa League final
May 05, 2018 - 14:22
Atletico Madrid coach Diego Simeone is banned by UEFA from working in the stadium at the Europa League final. Arsenal midfielder Henrikh Mkhitaryan subbed in for Arsenal in the 68th minute.

isis-killer-beheading-video-story-top HSBC Q1 profit misses estimate, unveils $2 bln new share buyback
May 05, 2018 - 14:17
Europe's biggest bank by assets, which earns most of its profits in Asia, has long struggled to hit its cost control targets. HSBC unexpectedly set aside $897 million related to a USA investigation into the historic sale of toxic US mortgage bonds.

isis-killer-beheading-video-story-top Pompeo Will Revive State Dept.
May 05, 2018 - 14:08
When he was still director of the CIA, Pompeo traveled to North Korea to meet with its leader, Kim Jong Un. Pompeo, for his part, said he will work to return some of the State Department's "swagger".

isis-killer-beheading-video-story-top Trump to host S.Korean President on May 22
May 05, 2018 - 14:04
The White House can't confirm the validity of reports about the release of three Americans detained in North Korea , Sanders said. President added, however: "Now I have to tell you, at some point into the future, I would like to save the money".

isis-killer-beheading-video-story-top Infinity War Director Confirms One Important Character May Still Be Alive
May 05, 2018 - 13:35
The new film of Marvel studios "the Avengers: infinity War " continues to break records at the box office. However, as it turns out, one seemingly permanent death may not be so permanent.