By Gary McWilliams HOUSTON (Reuters) – Exxon Mobil Corp will take up to a $2 billion loss on the highly…
Elliott backs Philip Morris’s $16 billion Swedish Match takeover -FT
(Reuters) -Activist investor Elliott Management Corp has decided to back Marlboro-maker Philip Morris International’s (PMI) $16 billion offer for Swedish…
Musk’s Twitter updates app to start charging $8 for blue checkmark
By Rhea Binoy (Reuters) -Twitter on Saturday updated its app in Apple’s App Store to begin charging $8 for sought-after…
South American fans bite their nails over World Cup chances – and inflation
By Gabriel Araujo SAO PAULO (Reuters) – In South America, home to the some of the world’s starriest soccer players…
NBA-Nike suspends ties with Kyrie Irving, cancels next shoe release
By Daniel Trotta (Reuters) – Nike Inc. on Friday suspended its relationship with Brooklyn Nets star Kyrie Irving and canceled…
UN urges Musk to safeguard human rights at Twitter
GENEVA (Reuters) – The U.N. High Commissioner for Human Rights, Volker Türk, on Saturday issued an open letter to Elon…
U.S. Powerball worth world-record $1.6 billion in Saturday night drawing
(Reuters) – The U.S. Powerball jackpot that will be drawn on Saturday night is the largest lotto prize ever offered…
Buffett’s Berkshire loses money as stocks, Hurricane Ian offset rising demand
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Saturday posted a $2.69 billion third-quarter loss as rising…
Berkshire Hathaway could boost earnings after Occidental accounting change
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway Inc could soon see a boost to its bottom line after…
C919 narrowbody jet to make its first public appearance at China air show
SHENZHEN, China (Reuters) -The C919 narrowbody jet will join the opening flight display in China’s biggest air show in the…