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Month: February 2024

Berkshire shares end in red as US threatens to sue unit over wildfire costs (Feb. 26)
Business

Berkshire shares end in red as US threatens to sue unit over wildfire costs (Feb. 26)

February 27, 2024February 27, 2024

(This Feb. 26 story has been refiled to fix the syntax in the headline) By Niket Nishant (Reuters) – Warren…

Zoom beats estimates on strong product demand, announces share buyback
Business

Zoom beats estimates on strong product demand, announces share buyback

February 26, 2024February 26, 2024

By Zaheer Kachwala (Reuters) -Zoom Video Communications on Monday posted better-than-expected quarterly results helped by strong demand for its expanding…

Chips firms seek double $28 billion US subsidies available, Commerce Dept says
Business

Chips firms seek double $28 billion US subsidies available, Commerce Dept says

February 26, 2024February 26, 2024

By David Shepardson WASHINGTON (Reuters) -U.S. Commerce Secretary Gina Raimondo said on Monday most chips companies seeking government subsidies will…

Oil gains over $1 on possible shipping disruptions
Business

Oil gains over $1 on possible shipping disruptions

February 26, 2024February 26, 2024

By Erwin Seba HOUSTON (Reuters) – Oil prices gained on Monday as European diesel demand, constrained by Russian sanctions and…

AT&T to give billing credits to consumers impacted by outage
Business

AT&T to give billing credits to consumers impacted by outage

February 25, 2024February 25, 2024

By David Shepardson WASHINGTON (Reuters) -AT&T will award billing credits to consumers impacted or potentially impacted earlier this week by…

Exclusive-Broadcom nears $3.8 billion sale of remote access unit to KKR
Business

Exclusive-Broadcom nears $3.8 billion sale of remote access unit to KKR

February 24, 2024February 25, 2024

By Milana Vinn (Reuters) -Chipmaker Broadcom is nearing a $3.8 billion deal to sell its business that allows users to…

Warren Buffett says Berkshire ‘built to last’ though eye-popping gains are over
Business

Warren Buffett says Berkshire ‘built to last’ though eye-popping gains are over

February 24, 2024February 25, 2024

By Jonathan Stempel (Reuters) – Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire Hathaway would serve…

Buffett’s Berkshire posts record profit on insurance, investments
Business

Buffett’s Berkshire posts record profit on insurance, investments

February 24, 2024February 24, 2024

By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway on Saturday posted its second straight record annual operating profit, with…

Berkshire paid $2.6 billion for Haslam family’s remaining 20% Pilot stake
Business

Berkshire paid $2.6 billion for Haslam family’s remaining 20% Pilot stake

February 24, 2024March 16, 2024

By Jonathan Stempel NEW YORK (Reuters) – Berkshire Hathaway, the conglomerate led by billionaire Warren Buffett, paid $2.6 billion last…

Ford halts shipments of new F-150 Lightning EVs
Business

Ford halts shipments of new F-150 Lightning EVs

February 24, 2024February 24, 2024

By David Shepardson (Reuters) -Ford Motor said on Friday it had halted shipments of all 2024 model year F-150 Lightning…

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