Berkshire trims Apple, sheds four stocks, mum on new investment
By Jonathan Stempel (Reuters) -Berkshire Hathaway on Wednesday said it has trimmed its huge stake in Apple and shed four…
Category: Business
Wall St ends sharply lower as hot inflation sparks sell-off
By Johann M Cherian, Ankika Biswas and Carolina Mandl (Reuters) -Wall Street’s main indexes tumbled on Tuesday after a higher-than-expected…
Walmart in talks to buy Vizio for more than $2 billion, WSJ reports
By Siddharth Cavale (Reuters) -Walmart is in talks to buy smart-television manufacturer Vizio for more than $2 billion, the Wall…
Uber, Lyft, DoorDash drivers to strike on Valentine’s Day for fair pay
By Akash Sriram (Reuters) -Thousands of drivers for ride-sharing platforms Uber, Lyft and food delivery app DoorDash are expected to…
AI frenzy puts Nvidia briefly ahead of Amazon in market value
(Reuters) -Nvidia briefly surpassed Amazon.com Inc in market capitalization on Monday, as the euphoria around artificial intelligence catapulted the chipmaker…
Build-A-Bear, maker of Warren Buffett’s Squishmallows face off in court
By Jonathan Stempel NEW YORK (Reuters) – Warren Buffett is taking on Build-A-Bear. Jazwares, the Berkshire Hathaway-owned maker of the…
Megacaps rally pushes S&P 500 to first close above 5,000 milestone
By Sinéad Carew and Sruthi Shankar (Reuters) -S&P 500 closed above 5,000 for the first time on Friday and Nasdaq…
NYCB shares surge after top executives disclose stake purchases
By Manya Saini and Niket Nishant (Reuters) -New York Community Bancorp’s shares closed up nearly 17% on Friday after top…
Exclusive-Nvidia pursues $30 billion custom chip opportunity with new unit -sources
By Max A. Cherney and Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia is building a new business unit focused on designing…
Exclusive-Flynn Group, world’s largest franchisee, explores $5 billion-plus sale -sources
By Abigail Summerville (Reuters) – Flynn Group, the world’s largest franchisee operator of restaurants and fitness clubs, is exploring a…