Warren Buffett calls Trump’s tariffs a tax on goods, says ‘the Tooth Fairy doesn’t pay ’em’

Warren Buffett calls Trump’s tariffs a tax on goods, says ‘the Tooth Fairy doesn’t pay ’em’

Warren Buffett at a press conference during the Berkshire Hathaway Shareholders Meeting on April 30, 2022. CNBC Legendary investor Warren Buffett made a rare comment on President Donald Trump’s tariffs, saying punitive duties could trigger inflation and hurt consumers. “Tariffs are actually, we’ve had a lot of experience with them. They’re an act of war,…

Read More
Why first-class seats are holding up new airplanes

Why first-class seats are holding up new airplanes

A Lufthansa First Class “Allegris” cabin, which was set up outside the show.  Peter Kneffel | Picture Alliance | Getty Images Heated or cooled seats. Ultra-high-definition TV screens. Benches. Convertible beds. All-aisle access. And of course, the coveted privacy door. Ever-more luxurious first- and business-class cabins that have hundreds of parts and require regulator approval…

Read More