Reserves

Warren Buffett’s Berkshire Hathaway Sells Nearly $1 Billion in Bank of America Shares, Boosting Cash Reserves Amid Major Stock Movements

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Omaha, Nebraska – Warren Buffett’s Berkshire Hathaway has continued to reduce its holdings in Bank of America, with sales nearing $1 billion in recent transactions. The latest disposals involved shedding almost 25 million shares over the past week. This move is part of a broader trend that started in July, when Berkshire began divesting its shares in the bank. Despite these substantial sales, Berkshire Hathaway remains a major shareholder in the Charlotte, North Carolina-based bank, maintaining control of nearly 12% of its stock. This consistent sell-off, however, points to a strategic reshaping of Berkshire’s expansive … Read more

Judge Reserves Ruling on Release of Transcripts in the Controversial Death of Inmate Matthew Walker: Family Seeks Justice

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PUNTA GORDA, Fla. – A judge in Punta Gorda, Florida has reserved ruling on whether grand jury instructions and other records related to the death of an inmate in state custody can be made public. The motion was filed by attorney Colleen MacAlister on behalf of Christopher Crowley, who is seeking the release of the grand jury records regarding the 2014 death of Matthew Walker. Walker, 46, died while incarcerated at the Charlotte County Correctional Institute. Crowley, who ran for state attorney in the Republican primary in 2018, has also filed a lawsuit against the … Read more