NEW YORK ( TheStreet) -- Warren Buffett once said:"Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks."
Laurene Powell Jobs, widow of Apple co-founder Steve Jobs, has agreed to purchase a majority stake in the 160-year-old monthly magazine.
Why the XLK is holding up better than most tech names.
Luxury, luxury, luxury.
The chip giant is betting it can keep PC processor sales steady as it grows elsewhere. AMD has other plans.