(Reuters) – Berkshire Hathaway Inc, run by billionaire Warren Buffett, on Friday warned investors it has no affiliation with a…
Musk’s pay trial asks if Tesla’s growth justifies $56 billion compensation
By Tom Hals WILMINGTON, Del. (Reuters) – After five days of testimony, including three hours from Elon Musk, a Delaware…
Fed’s Collins declines to say how far Fed will hike rates
By Michael S. Derby BOSTON (Reuters) – Federal Reserve Bank of Boston President Susan Collins on Friday declined to say…
Carvana cuts 8% of workforce on slowing used-car demand
By Nathan Gomes (Reuters) -Carvana Co on Friday announced another round of job cuts that will impact about 1,500 employees,…
U.S. dollar positioning turns net short for first time since July 2021 -CFTC, Reuters data
NEW YORK (Reuters) – The U.S. dollar’s net positioning turned net short in the latest week for the first time…
Google struck $360-million Activision deal to block rival app store, lawsuit says
By Paresh Dave OAKLAND, Calif. (Reuters) – Alphabet Inc’s Google has struck at least 24 deals with big app developers…
After Elon Musk’s ultimatum, Twitter employees start exiting
By Sheila Dang, Paresh Dave and Hyunjoo Jin (Reuters) -Hundreds of Twitter Inc employees are estimated to have decided to…
Twitter should convey how it is protecting Americans’ online data: White House official
WASHINGTON (Reuters) – A White House official said Friday that “this administration believes every company – including social media companies…
Mercedes Benz to pay $5.5 million to settle Arizona diesel ad case
By David Shepardson WASHINGTON (Reuters) -German automaker Mercedes Benz and auto supplier Robert Bosch LLC have agreed to pay a…
Global stocks gain on hopes recession warning forces Fed’s hand
By Herbert Lash and Carolyn Cohn NEW YORK/LONDON (Reuters) – Global equities edged up and a key part of the…