Buffett shoots down talk of Berkshire railroad merger, CSX shares slide
By Sabrina Valle (Reuters) -Billionaire investor Warren Buffett on Monday shut down speculation of a blockbuster railroad merger, saying his…
Paramount preparing to cut as many as 3,000 jobs by early November, Variety reports
(Reuters) -Paramount is looking to cut between 2,000 to 3,000 jobs by early November, after the completion of its merger…
Spirit Airlines hires advisers to weigh options after revamp efforts falter, WSJ reports
(Reuters) -Spirit Airlines has engaged advisers to explore strategic options after its financial restructuring fell short of securing a sustainable…
China proposes draft rules on internet platform pricing
SHANGHAI (Reuters) -China proposed rules for internet platform pricing on Saturday, seeking public comment after a raft of complaints by…
Analysis-Did Trump save Intel? Not really
By Jaspreet Singh, Max A. Cherney and Sayantani Ghosh SAN FRANCISCO (Reuters) -U.S. President Donald Trump is injecting nearly $9…
Fed’s Bostic still sees a single rate cut this year, amid uncertainty
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Atlanta President Raphael Bostic said on Thursday that he…
US opens national security probe into imported wind turbines, components
By David Shepardson and Nichola Groom WASHINGTON (Reuters) -The U.S. Commerce Department said on Thursday it has opened a national…
Apple boosts subscription price for TV+ to $12.99
(Reuters) -Apple will raise the price of streaming service Apple TV+ by $3 starting Thursday, following a similar move by…
US DOJ to probe Fed’s Cook, urging removal, Bloomberg News reports
(Reuters) -The U.S. Justice Department plans to investigate Federal Reserve Governor Lisa Cook, with a top official informing Federal Reserve…
Tesla drivers can pursue class action over self-driving claims, judge rules
By Jonathan Stempel (Reuters) -Tesla must face a certified class action by California drivers who said Elon Musk misled them…