The Oracle of Omaha's lower-risk picks are well-suited for small-time investors who are just getting started.
Berkshire Hathaway should collect in the neighborhood of $6 billion in dividend income this year. Five core holdings will account for the lion's share of these payouts.
Hess Corp on Thursday said in a securities filing that its board unanimously recommended shareholders vote in favor of the company's sale to Chevron Corp, and that Exxon Mobil had initially supported the deal. The $53 billion deal's closing has been delayed by a second request for information by the U.S. Federal Trade Commission and by contract arbitration filings by Hess's partners in Guyana - Exxon Mobil Corp and CNOOC Ltd - seeking to assert a right of first refusal on any sale of Hess's Guyana assets. The merger is "fair to and in the best interests of the Hess stockholders," Hess's U.S. Securities and Exchange filing said.