Berkshire posts record operating profit as rising rates boost Buffett’s returns
By Jonathan Stempel (Reuters) – Berkshire Hathaway on Saturday posted its highest ever quarterly operating profit, while gains from stock…
Category: General
Ukraine hits Russian tanker with sea drone near Crimea Bridge
By Olena Harmash KYIV (Reuters) -A Ukrainian sea drone full of explosives struck a Russian fuel tanker overnight near a…
Wall Street ends lower after US jobs report; Apple weighs
By Echo Wang (Reuters) – Wall Street closed lower on Friday after a report of slowing U.S. labor market growth,…
Many small US banks not ready to borrow from Fed in an emergency
(This Aug. 2 story has been corrected to say National Credit Union Administration, not association, in paragraph 27) By Ann…
EV maker Fisker cuts output forecast on supply chain woes; shares slide
By Akash Sriram and Abhirup Roy (Reuters) -Fisker Inc shares fell nearly 9% on Friday after supply chain issues forced…
Albemarle jumps into global race to reinvent lithium production
By Ernest Scheyder (Reuters) – Albemarle is building an Arkansas facility to test its version of direct lithium extraction (DLE)…
Meme stock Tupperware jumps as debt restructuring deal fires up retail army
By Medha Singh and Savyata Mishra (Reuters) -Shares of Tupperware Brands surged 44% on Friday, after the kitchen storage container…
Amazon forecasts bright Q3 on resilient cloud sales, shopping trends
By Jeffrey Dastin and Chavi Mehta (Reuters) -Amazon.com Inc on Thursday reported sales growth and profit that beat Wall Street’s…
Apple sees sales slump continuing, shares drop 2% despite beating sales expectations
By Stephen Nellis (Reuters) – Apple on Thursday forecast that a sales slump would continue into the current quarter, sending…
Wall Street closes near flat as Treasury yields surge
(This story has been corrected to say Nasdaq fell 0.1%, not gained 0.08%, in the bullet point and paragraph 7)…