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Warren Buffett’s $1.24 billion bet on Modelo-maker is ‘perfect example of value investing’

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Citi’s lead beverages analyst Filippo Falorni views Berkshire Hathaway’s investment as “a perfect example of value investing.” Read More

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Lawyer for Sean ‘Diddy’ Combs says ‘under no circumstances can I continue’ as defense counsel

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Combs, 55, has pleaded not guilty to sex trafficking charges lodged against him after his September arrest. Read More

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Trump threatens to withhold federal funding from Maine after governor vows state will ‘follow the law’ on transgender athletes

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An executive order Trump signed gives federal agencies wide latitude to make sure entities that receive federal funding abide by the Trump administration’s view, which interprets “sex” as the gender someone was assigned at birth. Read More

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LA fire chief ousted as mayor claims 1,000 firefighters were sent home the day wildfires began ravaging the city

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The fire chief said in televised interviews that her department was underfunded and understaffed and emergency vehicles had been idled because the LAFD didn’t have the mechanics to fix them. Read More

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