By Jonathan Stempel (Reuters) -Warren Buffett’s Berkshire Hathaway said on Saturday it took a $3.76 billion write-down on its stake in Kraft Heinz during the second quarter, an acknowledgment the decade-old investment hasn’t worked out. Berkshire also reported a 4% decline in quarterly operating profit as insurance underwriting premiums fell. The write-down and lower gains…
By Akriti Shah (Reuters) -Arm Holdings shares tumbled nearly 13% in early trading on Thursday as the chip tech provider’s plan to invest in its own chip development, which would bite into future profits, disappointed investors. The company’s decision to ramp up investment in chip creation marks a significant pivot from its legacy business model…
BRUSSELS (Reuters) -U.S. President Donald Trump’s recent executive order only sets out his so-called “reciprocal” tariff for the EU at 15% and does not apply to cars and other agreed carve-outs, EU officials said on Friday, adding they expect further more detailed orders to follow. EU exports of car and car parts to the U.S….
By Joey Roulette WASHINGTON (Reuters) -An international crew of four astronauts launched toward the International Space Station from Florida on Friday aboard a SpaceX rocket, embarking on a routine NASA mission that could be the first of many to last a couple months longer than usual. The four-person crew – two NASA astronauts, a Russian…
By Joey Roulette WASHINGTON (Reuters) -An international crew of four astronauts launched toward the International Space Station from Florida on Friday aboard a SpaceX rocket, embarking on a routine NASA mission that could be the first of many to last a couple months longer than usual. The four-person crew – two NASA astronauts, a Russian…
BRUSSELS (Reuters) -U.S. President Donald Trump’s recent executive order only sets out his so-called “reciprocal” tariff for the EU at 15% and does not apply to cars and other agreed carve-outs, EU officials said on Friday, adding they expect further more detailed orders to follow. EU exports of car and car parts to the U.S….
By Joey Roulette WASHINGTON (Reuters) -An international crew of four astronauts launched toward the International Space Station from Florida on Friday aboard a SpaceX rocket, embarking on a routine NASA mission that could be the first of many to last a couple months longer than usual. The four-person crew – two NASA astronauts, a Russian…
By Joey Roulette WASHINGTON (Reuters) -An international crew of four astronauts launched toward the International Space Station from Florida on Friday aboard a SpaceX rocket, embarking on a routine NASA mission that could be the first of many to last a couple months longer than usual. The four-person crew – two NASA astronauts, a Russian…
By Dan Levine and Michael Erman -Vaccination rates for several diseases including measles, diphtheria and polio decreased among U.S. kindergartners in the 2024-25 school year from the year before, according to federal data posted on Thursday. The U.S. Centers for Disease Control and Prevention released the new figures at a time when the country faces…
By Hannah Lang and Douglas Gillison (Reuters) -The head of the U.S. securities regulator unveiled sweeping plans to overhaul capital markets regulations on Thursday to accommodate cryptocurrencies and blockchain-based trading, in a major win for the digital asset industry, which has long pushed for tailored rules. Securities and Exchange Commission Chair Paul Atkins said in…
