When Vicki Hollub took over as Occidental Petroleum’s CEO on April 29, 2016, the shares were at $60.76. Ten years later, with Hollub preparing to step aside from the job, the shares are just above $60, which gives you an idea of the struggles the big exploration and production company has experienced in the last […]
Vicki Hollub’s decade at Oxy: From brash merger to June farewell Read More »
Warren Buffett spent six decades transforming Berkshire Hathaway from a struggling textile manufacturer into a trillion-dollar conglomerate admired across global financial markets. Buffett officially stepped down as chief executive at the end of 2025, with Abel taking over on January 1, 2026. The 63-year-old Canadian executive has managed all non-insurance operations since 2018, earning Buffett’s
Berkshire faces its toughest test in 60 years Read More »
Ryan Cohen spent Sunday evening (May 3) announcing a $55.5 billion bid for eBay. By Monday night (May 4), the most credible value investor in GameStop’s corner had sold every share he owned. Michael Burry did not leave quietly. He explained exactly why. And his words are worth reading carefully. What Burry said about GameStop
Michael Burry sells entire stake in surging meme-stock giant Read More »
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal I’ve never subscribed to the idea that luxury watches have to be stuffy and serious. When some people think of high-end timepieces, they envision gray-haired men
Amazon’s $273 Seiko automatic luxury watch is like a ray of sunshine on your wrist Read More »
When a bank the size of JPMorgan Chase goes looking for new leadership in its investment banking ranks, the rest of the industry tends to pay very close attention. The hire that just came across the wire is the kind of move that tells you exactly where the firm sees its next wave of growth
JPMorgan makes another bold Wall Street play Read More »
Is it worth moving from a high-tax state to a lower-tax state? That’s the question Jeffrey Levine, chief planning officer of Focus Partners Wealth, discussed in a recent episode of Focus on Finance Forum. According to Levine, the answer depends on one’s sources of income and how the lower-tax state treats those sources. Below is
Moving for lower taxes. Here’s the catch Read More »
Walmart’s latest earnings results revealed several troubling shifts in consumer behavior. For one, wealthy shoppers are trading down, and the retailer’s growth isn’t coming from traditional budget-conscious customers but from households earning more than $100,000 a year. Another worrisome trend recently noticed is a massive move to online shopping, with Walmart seeing “outsized growth” in
Walmart moves into key Amazon market, as shoppers rethink spending Read More »
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Any DIYer or home improvement enthusiast knows the pain of being in the middle of a project, only for your power tool’s battery to die on
DeWalt’s 20V Max battery is on sale for just $43, and it’s a DIY essential Read More »
The fast-food burger sector has faced economic challenges over the last year that have led major chains, such as A&W Restaurants, to close locations. A significant issue for burger chains was mixed sales results over the last year. The leading fast-food burger chain is enjoying another year of success, with McDonald’s U.S. sales in 2025
107-year-old beloved burger chain closes locations Read More »
When the economy grows tight, Americans cut back on their beauty purchases, according to market analysts. “Among all merchandise categories, including household goods, toys, pet food, vitamins, fitness, makeup, and skincare are the categories that rank highest for consumer intent to reduce spending. The leading reason for consumers wanting to spend less on makeup and
Lender forces cosmetics brand into Chapter 7 liquidation Read More »
