By Milana Vinn (Reuters) -Chipmaker Broadcom is nearing a $3.8 billion deal to sell its business that allows users to access desktops and applications from any device to private equity firm KKR, peopl[...]
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February 24, 2024
Warren Buffett says Berkshire ‘built to last’ though eye-popping gains are over
By Jonathan Stempel (Reuters) – Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire Hathaway would serve them well over the long term, even as he mourned the r[...]
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Buffett’s Berkshire posts record profit on insurance, investments
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway on Saturday posted its second straight record annual operating profit, with its insurance business benefiting from impro[...]
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Warren Buffett mourns passing of Berkshire ‘architect’ Charlie Munger
By Jonathan Stempel (Reuters) – Warren Buffett left no doubt: He misses Charlie Munger, and so will Berkshire Hathaway’s shareholders. Buffett on Saturday devoted a special section of his[...]
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Union demands Lufthansa makes improved offer before agreeing fresh talks
FRANKFURT (Reuters) -German labour union Verdi on Saturday demanded Lufthansa offers a higher wage increase for thousands of the German airline’s ground crew before it agrees to a fresh round of[...]
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Berkshire paid $2.6 billion for Haslam family’s remaining 20% Pilot stake
By Jonathan Stempel NEW YORK (Reuters) – Berkshire Hathaway, the conglomerate led by billionaire Warren Buffett, paid $2.6 billion last month for the 20% of the Pilot Travel Centers truck stop b[...]
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US should block cheap Chinese auto imports from Mexico, US makers say
By David Shepardson WASHINGTON (Reuters) -The U.S. government should block the import of low-cost Chinese autos and parts from Mexico, a U.S. manufacturing advocacy group said on Friday, warning they[...]
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Intuitive Machines shares descend fast after the CEO says the moon lander is on its side
By Akash Sriram, Harshita Mary Varghese and Joey Roulette (Reuters) -Shares of moon lander maker Intuitive Machines tumbled 30% in extended trade, wiping out a Friday rally after the company said its[...]
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Ford halts shipments of new F-150 Lightning EVs
By David Shepardson (Reuters) -Ford Motor said on Friday it had halted shipments of all 2024 model year F-150 Lightning electric pickup trucks, so it could perform quality checks for an issue it did n[...]
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