Berkshire Hathaway sells $39.8 million of shares in China’s BYD
BEIJING (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.3 million Hong Kong-listed shares of…
Category: Business
Boeing Starliner set for June 22 undocking, return to Earth, NASA says
WASHINGTON (Reuters) – The Boeing Starliner spacecraft is now scheduled to undock from the International Space Station and return to…
Fed penalizes Evolve Bank for failing to manage fintech partnership risk
By Hannah Lang and Pete Schroeder WASHINGTON (Reuters) – The Federal Reserve announced Friday it had ordered Evolve Bancorp Inc…
Exclusive-Boeing tells suppliers it is slowing 737 output goal by 3 months, sources say
By Allison Lampert and Tim Hepher (Reuters) -Boeing has told suppliers it is delaying a key production milestone for its…
OpenAI CEO says company could become benefit corporation- The Information
(Reuters) -OpenAI CEO Sam Altman told some shareholders that the company is considering changing its governance structure to a for-profit…
Coca-Cola, Starbucks file to extend trademarks in Russia, newspaper reports
(Reuters) -Coca-Cola and Starbucks have applied to re-register their trademarks in Russia to protect their intellectual property rights after exiting…
Google loses bid to end US antitrust case over digital advertising
By Jody Godoy (Reuters) – Alphabet’s Google must face trial on U.S. antitrust enforcers’ claim that the internet search juggernaut…
Broadcom soars as demand for AI chips power forecast raise
By Arsheeya Bajwa (Reuters) – Broadcom surged more than 13% on Thursday as its upbeat annual forecast highlighted an insatiable…
Caterpillar boosts buyback by $20 billion, raises dividend
(Reuters) – Caterpillar has raised its quarterly dividend by 8% and its share repurchase authorization by $20 billion, the company…
Apple overtakes Microsoft to return as world’s most valuable company
(Reuters) -Apple once again became the world’s most valuable company on Wednesday, dethroning Microsoft from the top spot, as the…