Berkshire Hathaway Posts Massive $43.8 Billion Loss; operating results improve

Berkshire Hathaway Posts Massive .8 Billion Loss;  operating results improve

Berkshire Hathaway Chairman Warren Buffett walks through the showroom as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual meeting of shareholders in Omaha, Nebraska, USA, on May 4, 2019. 2019. REUTERS/Scott Morgan//File photo Sign up now for FREE unlimited access to Reuters.com Record Aug 6 (Reuters) – Falling U.S. stock … Read more

Tesla sets August 25 as trading day for shares split three-for-one

Tesla sets August 25 as trading day for shares split three-for-one

The logo of car manufacturer Tesla is seen at a branch in Bern, Switzerland, October 28, 2020. REUTERS/Arnd Wiegmann Sign up now for FREE unlimited access to Reuters.com Record Aug 5 (Reuters) – Tesla Inc (TSLA.O) said on Friday that three-for-one trading of its shares will start on August 25, after the electric vehicle maker’s … Read more

Canopy shares plunge as pot producer posts another loss

Canopy shares plunge as pot producer posts another loss

A Canopy Growth Corporation logo sign is displayed at its facility in Smiths Falls, Ontario, Canada, January 4, 2018. REUTERS/Chris Wattie/File photo/File photo Sign up now for FREE unlimited access to Reuters.com Record Aug 5 (Reuters) – Canopy Growth Corp (WEED.TO) posted another fundamental loss on Friday, denting investors’ hopes that the cannabis producer would … Read more

Amazon’s cart of connected devices grows with $1.7 billion deal for Roomba maker

Amazon’s cart of connected devices grows with .7 billion deal for Roomba maker

Aug 5 (Reuters) – Amazon.com Inc (AMZN.O) will acquire iRobot Corp (IRBT.O), maker of the Roomba robotic vacuum cleaner, in an all-cash deal for about $1.7 billion, in the latest industry push world. largest online retailer to expand its stable of smart home devices. Amazon will pay $61 per share, valuing iRobot at a 22% … Read more

Tesla shareholders widely follow board recommendations at annual meeting

Tesla shareholders widely follow board recommendations at annual meeting

Aug 4 (Reuters) – Shareholders of Tesla Inc (TSLA.O) voted in favor of the board’s recommendations on most issues at the company’s annual meeting on Thursday, including reappointing directors, approving a division of actions and the rejection of proposals focused on the environment and governance. Votes on three of the 13 proposals did not follow … Read more

Meta, parent company of Facebook, makes its first bonus offer

Meta, parent company of Facebook, makes its first bonus offer

The Meta Platforms logo is seen in Davos, Switzerland, on May 22, 2022. Picture taken on May 22, 2022. REUTERS/Arnd Wiegmann//File photo Sign up now for FREE unlimited access to Reuters.com Record Aug 4 (Reuters) – Facebook parent Meta Platforms (META.O) said on Thursday it would make its first bond offering, at a time when … Read more

Hundreds of Amazon warehouse workers protest wages, UK union says

Hundreds of Amazon warehouse workers protest wages, UK union says

The Amazon logo is seen at the company’s logistics center in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol Sign up now for FREE unlimited access to Reuters.com Record LONDON, Aug 4 (Reuters) – Hundreds of Amazon workers at a warehouse in Tilbury, south-east England, have walked out in protest over wages, the GMB union said, … Read more

BP raises dividend after earnings hit 14-year high

BP raises dividend after earnings hit 14-year high

Earnings soar to $8.45 billion, far exceeding forecasts BP increases dividend by 10% BP will increase spending on oil and gas, says CEO Profits Boosted by Strong Oil Trading, Hit by LNG LONDON, Aug 2 (Reuters) – BP’s (BP.L) second-quarter profit soared to $8.45 billion, its highest level in 14 years, as strong refining and … Read more

Canada’s TD Bank to buy US brokerage Cowen in $1.3 billion deal

Canada’s TD Bank to buy US brokerage Cowen in .3 billion deal

The TD Bank logo is seen on top of the Toronto Dominion Canada Trust Tower in Toronto, Ontario, Canada, March 16, 2017. Picture taken March 16, 2017. REUTERS/Chris Helgren/File Photo Sign up now for FREE unlimited access to Reuters.com Record Aug 2 (Reuters) – Canada’s Toronto Dominion Bank (TD.TO) will buy New York-based boutique investment … Read more

US considers cracking down on memory chip makers in China

US considers cracking down on memory chip makers in China

WASHINGTON, Aug 1 (Reuters) – The United States is considering limiting shipments of American chipmaking equipment to memory chipmakers in China, including Yangtze Memory Technologies Co Ltd (YMTC), according to four people familiar with the matter. as part of an attempt to stop China’s semiconductor sector from advancing and protecting American companies. If the administration … Read more