Estes Park distillery fire: 3 employees injured at Elkins Distilling Company in possible explosion

Kimberly Guilfoyle’s Wild CPAC Prediction About Trump Puzzles Pretty Much Everyone

Kimberly Guilfoyle confused Twitter users on Friday with a prediction about ex-President Donald Trump.

“I will confidently say that (former) President Trump from his desk at Mar-a-Lago will accomplish more for America in the next four years than (President) Joe Biden and (Vice President) Kamala Harris could ever dream of,” former Fox News host Guilfoyle, who is the girlfriend of Donald Trump Jr., told the Conservative Political Action Conference in Orlando, Florida.

Watch the video here:

Guilfoyle’s claim about Trump — who is now a private citizen following his defeat in the 2020 election ― being able to achieve more for the country than the Biden White House was met with incredulity.

Critics issued a collective “huh?” in response.

“Who wants to tell her Trump lost the election. By a lot,” one Twitter user commented. Others likened Guilfoyle’s Trump-hailing address to North Korean propaganda or a cult.

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Read Warren Buffett’s annual letter to Berkshire Hathaway shareholders

Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 90-year-old investing legend has been publishing the letter for six decades and it has become a must read for investors around the world.

Download the full letter by clicking here or read it below.

Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world.

How one company is turning used chopsticks into furniture, shelves, and countertops

  • People around the world use an estimated 80 billion pairs of disposable chopsticks every year.
  • ChopValue is a Canadian company that collects used chopsticks and turns them into a variety of products like furniture and countertops.
  • We visited ChopValue’s “micro-factory” to see how workers pulverize chopsticks and turn them into something new.
  • Visit the Business section of Insider for more stories.

Berkshire Q4 Profit Up 23%

Billionaire Warren Buffett’s Berkshire Hathaway Inc. (BRK.A, BRK.B) reported that its fourth-quarter net earnings attributable to shareholders rose about 23 percent to $35.84 billion from last year’s $29.16 billion, with earnings per share improving to $23,015 per Class A share from $17,909 per Class A share in the prior year.

Operating earnings for the fourth-quarter grew to $5.02 billion from $4.42 billion in the previous year.

Total revenues for the fourth-quarter declined to $64.38 billion from $65.37 billion in the prior year.

Warren Buffett said in a letter to the company’s shareholders that the company has repurchased more shares since year end and is likely to further reduce the company’s share count in the future.

Berkshire said it repurchased about $9 billion of stock during the fourth quarter, and about $25 billion of stock in 2020. “That action increased your ownership in all of Berkshire’s businesses by 5.2% without requiring you to so much as touch your wallet,” Buffett said Saturday in his annual letter.

On December 31, 2020, there were 1.54 million Class A equivalent shares outstanding. Insurance float was approximately $138 billion at December 31, 2020, an increase of $9 billion since year end 2019.

Buffett admitted in the letter that he made a mistake in 2016 in acquiring Precision Castparts. “I paid too much for the company. No one misled me in any way – I was simply too optimistic about PCC’s normalized profit potential,” Buffett said.

Warren Buffett's annual letter to Berkshire Hathaway shareholders

What should Warren Buffett address in annual shareholder letter?

Barron’s associate editor Andrew Bary joins ‘Barron’s Roundtable’ with insight into letter due out Feb. 27

Warren Buffett's 2020 letter to Berkshire Hathaway shareholders:

TickerSecurityLastChangeChange %
BRK.ABERKSHIRE HATHAWAY INC.364,580.01-3,219.98-0.88%
BRK.BBERKSHIRE HATHAWAY, INC.240.51-3.18-1.30%
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Warren Buffett’s Annual… by FOX Business

How to Watch the Golden Globes 2021: Date, Time and Streaming

Here’s a quick guide with everything you need to know for the Hollywood Foreign Press Association film and television awards.


By Sarah Bahr

Herald morning quiz: February 28

Test your brains with the Herald’s afternoon quiz. Be sure to check back on nzherald.co.nz for the morning quiz tomorrow.

To challenge yourself with more quizzes, CLICK HERE.

Estes Park distillery fire: 3 employees injured at Elkins Distilling Company in possible explosion

A possible explosion and fire on Saturday morning injured three employees of a distillery in Estes Park, a fire rescue official said.

At about 9 a.m. the Estes Valley Fire Protection District responded to the incident at the Elkins Distilling Company, 1825 N. Lake Ave., said Mike Richardson, a public information officer with the district.

Three employees were taken to a local hospital to be treated for injuries, Richardson said. Firefighters extinguished spot fires inside the building, which has extensive roof damage.

No firefighters were injured. The cause of the incident is under investigation.