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

Moscow and Kyiv exchange accusations after the bombing of a Ukrainian nuclear plant

Moscow and Kyiv exchange accusations after the bombing of a Ukrainian nuclear plant

LONDON, Aug 5 (Reuters) – Russia and Ukraine accused each other on Friday of bombing the Zaporizhzhia nuclear power plant, the largest of its kind in Europe, and laying the groundwork for a potential disaster. The Russian Defense Ministry said it was only by luck that a radiation accident was averted after what it described … Read more

Russia bars Western investors from selling key banking and energy holdings

Russia bars Western investors from selling key banking and energy holdings

Russian President Vladimir Putin chairs a meeting on the development of the country’s metallurgical sector, via video link, at the Kremlin in Moscow, Russia, on August 1, 2022. Sputnik/Pavel Byrkin/Kremlin via REUTERS Sign up now for FREE unlimited access to Reuters.com Record This content was produced in Russia, where coverage of Russian military operations in … 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

US automakers say 70% of EV models would not qualify for tax credit under Senate bill

US automakers say 70% of EV models would not qualify for tax credit under Senate bill

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook Sign up now for FREE unlimited access to Reuters.com Record WASHINGTON, Aug 5 (Reuters) – Most electric vehicle models would not be eligible for a $7,500 tax credit for American buyers under … Read more

Bombing Hits Power Lines At Ukraine Nuclear Plant, Both Sides Trade Blame

Bombing Hits Power Lines At Ukraine Nuclear Plant, Both Sides Trade Blame

Technicians shut down reactor at Europe’s largest nuclear power plant Three grain ships leave Ukrainian Black Sea ports Turkey’s Erdogan meets Putin in Russia Fighting in the east centers on a fortified village Kyiv, Aug 5 (Reuters) – Shelling hit a high-voltage power line at a major Ukrainian nuclear power plant captured by Russia on … 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

The United States describes China’s military action on Taiwan as unjustified and Beijing sanctions Pelosi

The United States describes China’s military action on Taiwan as unjustified and Beijing sanctions Pelosi

Taiwan downplays concerns China conducts unprecedented military exercises in Taiwan Follows US House Speaker Pelosi’s visit to Taipei China says it will sanction Pelosi for ‘ruthless’ actions Pelosi in Japan Joins Prime Minister Kishida in Condemning China TAIPEI, Aug 5 (Reuters) – China’s missile launch during military exercises around Taiwan was an unwarranted escalation, U.S. … Read more

European Stocks Fall, Oil Rebounds, Traders Await US Jobs Data

European Stocks Fall, Oil Rebounds, Traders Await US Jobs Data

LONDON, Aug 5 (Reuters) – European stocks fell slightly on Friday but were still headed for a weekly gain, as traders awaited U.S. jobs data due later in the session for clues on health. of the world’s largest economy. The MSCI World Equity Index, which tracks stocks in 47 countries, rose 0.2% and is headed … Read more