By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors’ fervor for all things AI-related is leaving its mark on the…
Facing Chinese EV rivals, Europe’s automakers squeeze suppliers on costs
By Nick Carey LONDON (Reuters) -Europe’s automakers and their already-stretched suppliers face a tough year as they race to cut…
Exclusive-Broadcom nears $3.8 billion sale of remote access unit to KKR
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
By Jonathan Stempel (Reuters) – Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire Hathaway would serve…
Berkshire paid $2.6 billion for Haslam family’s remaining 20% Pilot stake
By Jonathan Stempel NEW YORK (Reuters) – Berkshire Hathaway, the conglomerate led by billionaire Warren Buffett, paid $2.6 billion last…
US imposes sanctions on Russia’s leading tanker group Sovcomflot
By Timothy Gardner and Daphne Psaledakis WASHINGTON (Reuters) -The U.S. has imposed sanctions on Russia’s leading tanker group Sovcomflot as…
Moon lander Odysseus tipped sideways on lunar surface but ‘alive and well’
By Steve Gorman and Joey Roulette (Reuters) -The moon lander dubbed Odysseus is “alive and well” but resting on its…
Intuitive Machines shares descend fast after the CEO says the moon lander is on its side
By Akash Sriram, Harshita Mary Varghese and Joey Roulette (Reuters) -Shares of moon lander maker Intuitive Machines tumbled 30% in…
Ford halts shipments of new F-150 Lightning EVs
By David Shepardson (Reuters) -Ford Motor said on Friday it had halted shipments of all 2024 model year F-150 Lightning…
Blackstone CEO Schwarzman received $896.7 million in pay, dividends in 2023
(Reuters) – Blackstone Inc Chief Executive Steve Schwarzman took home $896.7 million in pay and dividends last year, a 29%…