“The resources are here to have a great, great city,” Warren Buffett told the news conference. He added that Detroit is an underutilized resource, much like the auto industry was a few years ago, and that creates a huge potential for growth.
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Schwab Stock Jumps 5% on Record Net Inflows
Earnings rose 84% as Schwab beat revenue and earnings estimates. Shares of Charles Schwab (NASDAQ:SCHW) were moving higher Tuesday following the release of the firm’s fourth quarter earnings. Schwab easily...