By Jonathan Stempel (Reuters) -Berkshire Hathaway, the conglomerate run by billionaire Warren Buffett, on Monday disclosed new investments in the homebuilders DR Horton, Lennar and NVR. The investment[...]
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August 14, 2023
Marketmind: China data deluge as EM turmoil deepens
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. As waves of volatility crashed over emerging markets on Monday, most nota[...]
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Amazon’s devices chief David Limp to retire after 13 years
(Reuters) – Amazon.com’s devices chief David Limp would retire in the coming months, in a high-level departure from a division that has struggled to bring revenue and been a target of the[...]
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Conservative Starbucks investor loses diversity challenge
By Jody Godoy (Reuters) – (This Aug. 11 story has been corrected to say ‘National Center for Public Policy Research v. Schultz et al., No. 22-00267, U.S. District Court, Eastern District o[...]
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PayPal hires Intuit veteran with small business expertise to be next CEO
By Niket Nishant and Manya Saini (Reuters) -Digital payments giant PayPal Holdings on Monday named Alex Chriss, a top executive at tax-preparation software firm Intuit, its next CEO as it looks to gra[...]
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Activist investor Elliott Investment Management dissolves stake in PayPal
(Reuters) – Activist investor Elliott Investment Management has dissolved its stake in payments giant PayPal, according to a filing with the U.S. Securities and Exchange Commission. (Reporting b[...]
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Dollar jumps, oil slides on China worries
By Pete Schroeder WASHINGTON (Reuters) – The U.S. dollar hit its highest levels in more than a month on Monday amid worries over China’s economy, while Wall Street struggled for any clear[...]
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Crypto lender Celsius sends bankruptcy plan to creditor vote
By Dietrich Knauth NEW YORK (Reuters) – Crypto lender Celsius Network on Monday received a U.S. bankruptcy judge’s permission to seek creditor approval for its bankruptcy plan, advancing a[...]
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Kellogg, Kashi defeat appeals over products’ protein content
By Jonathan Stempel (Reuters) – Kellogg and its Kashi unit have defeated appeals seeking to revive two proposed class actions accusing them of deceiving consumers about the protein content of th[...]
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