Month: February 2024

Berkshire shares end in red as US threatens to sue unit over wildfire costs (Feb. 26) FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the

FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the

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

Market Spectator February 27, 2024

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

Zoom beats estimates on strong product demand, announces share buyback Illustration picture of Zoom logo

Zoom beats estimates on strong product demand, announces share buyback

Market Spectator February 26, 2024

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

Chips firms seek double $28 billion US subsidies available, Commerce Dept says FILE PHOTO: U.S. Secretary of Commerce Raimondo vists China

FILE PHOTO: U.S. Secretary of Commerce Raimondo vists China

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

Market Spectator February 26, 2024

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

Oil gains over $1 on possible shipping disruptions FILE PHOTO: Oil rig pumpjacks extract crude from the Wilmington

FILE PHOTO: Oil rig pumpjacks extract crude from the Wilmington

Oil gains over $1 on possible shipping disruptions

Market Spectator February 26, 2024

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

AT&T to give billing credits to consumers impacted by outage FILE PHOTO: The company logo for AT&T is displayed on

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

Market Spectator February 25, 2024

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

Exclusive-Broadcom nears $3.8 billion sale of remote access unit to KKR FILE PHOTO: Illustration shows Broadcom logo

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

Market Spectator February 24, 2024

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

Warren Buffett says Berkshire ‘built to last’ though eye-popping gains are over FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the

FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the

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

Market Spectator February 24, 2024

By Jonathan Stempel (Reuters) – Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire...

Buffett’s Berkshire posts record profit on insurance, investments FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the

FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the

Buffett’s Berkshire posts record profit on insurance, investments

Market Spectator February 24, 2024

By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway on Saturday posted its second straight record annual...

Berkshire paid $2.6 billion for Haslam family’s remaining 20% Pilot stake Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall

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

Market Spectator February 24, 2024

By Jonathan Stempel NEW YORK (Reuters) – Berkshire Hathaway, the conglomerate led by billionaire Warren Buffett, paid...

Ford halts shipments of new F-150 Lightning EVs Ford Motor Co. reveals the 2024 Ford F-150 pick-up truck

Ford Motor Co. reveals the 2024 Ford F-150 pick-up truck

Ford halts shipments of new F-150 Lightning EVs

Market Spectator February 24, 2024

By David Shepardson (Reuters) -Ford Motor said on Friday it had halted shipments of all 2024 model...