By Nathan Gomes (Reuters) -CarMax Inc on Tuesday posted fourth-quarter profit above analysts’ estimates as cost cutting measures helped the pre-owned car retailer soften the blow from a slowdown[...]
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April 11, 2023
Buffett says geopolitics a factor in Berkshire sale of TSMC stake
(Reuters) – Warren Buffett called geopolitical tensions “a consideration” in Berkshire Hathaway Inc’s decision to sell most of its stake in Taiwanese chipmaker TSMC just a few[...]
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JetBlue launches flights to Amsterdam as demand for transatlantic travel rise
(Reuters) – JetBlue Airways Corp will launch flights to Amsterdam as it looks to cash in on the soaring demand for transatlantic travel, the New York-based low cost carrier said on Tuesday. The[...]
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Fed’s Williams says interest rate path is data dependent
(Reuters) -The prospect of the Federal Reserve raising its benchmark interest rate only once more and in a 25 basis point increment is a useful starting point but the central bank’s policy path[...]
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France considering antitrust action against Apple – Axios
(Reuters) – France’s antitrust regulator is expected to go ahead soon with an investigation into Apple Inc over complaints tied to changes that the iPhone maker made in 2021 to its app tra[...]
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Japan’s MUFG sets emissions targets for real estate, shipping, steel
By David Dolan and Simon Jessop TOKYO (Reuters) – Japan’s Mitsubishi UFJ Financial Group on Tuesday laid out emissions-cutting targets for lending to the real estate, steel and shipping se[...]
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Buffett boosts stakes in Japanese trading houses, may invest more
By Jonathan Stempel TOKYO/NEW YORK (Reuters) -Warren Buffett’s Berkshire Hathaway Inc has increased its stakes in Japan’s five largest trading houses to 7.4%, and the billionaire investor[...]
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IMF chief economist: stability risks should not deter central bank inflation fight
WASHINGTON (Reuters) – Central banks should not halt their fight against inflation because of financial stability risks, which look “very much contained,” International Monetary Fund[...]
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Britain’s Sainsbury’s offers lower prices to loyalty card holders
By James Davey LONDON (Reuters) – Sainsbury’s, Britain’s second-largest supermarket group, on Tuesday began offering lower prices on more than 300 items to the 18 million members of[...]
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