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Berkshire’s cash soars to $325 billion as Buffett sells Apple, BofA; operating profit falls

Financial Wealth DailyNovember 3, 2024January 28, 20250

By Jonathan Stempel (Reuters) -Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, further slashing…

  • Business

US watchdog criticizes FAA oversight of Boeing production

Financial Wealth DailyOctober 11, 2024January 28, 20250

(Reuters) – A federal watchdog on Friday criticized the Federal Aviation Administration’s oversight of Boeing airplane production, saying it does…

  • Business

Amazon adds Apple TV+ to its Prime Video streaming service in US

Financial Wealth DailyOctober 11, 2024January 28, 20250

(Reuters) -Amazon said on Wednesday that Apple TV+ will become available on Prime Video later this month in the U.S….

  • Uncategorized

Tesla gambles on ‘black box’ AI tech for robotaxis

Financial Wealth DailyOctober 10, 2024January 28, 20250

By Norihiko Shirouzu and Chris Kirkham (Reuters) – Tesla aims to stun investors Thursday night with its long-awaited “robotaxi unveil,”…

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Exclusive-Stop Israel from bombing Iran’s oil sites, Gulf states urge US

Financial Wealth DailyOctober 10, 2024January 28, 20250

By Samia Nakhoul, Parisa Hafezi and Pesha Magid DUBAI (Reuters) – Gulf states are lobbying Washington to stop Israel from…

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Starboard seeks probe after former Pfizer execs pull support for its campaign

Financial Wealth DailyOctober 10, 2024January 28, 20250

(Reuters) – Starboard Value has asked Pfizer to set up a special committee to investigate allegations that two of its…

  • Business

Meta’s AI chatbot to be available in new markets including Brazil, UK

Financial Wealth DailyOctober 9, 2024January 28, 20250

(Reuters) – Meta Platforms said on Wednesday its artificial intelligence chatbot, Meta AI, will be available in 21 new markets,…

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CVS, UnitedHealth, Cigna ask FTC’s Khan to disqualify herself from insulin case

Financial Wealth DailyOctober 9, 2024January 28, 20250

By Amina Niasse NEW YORK (Reuters) -CVS Health, UnitedHealth Group and Cigna have asked U.S. Federal Trade Commission chair Lina…

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OpenAI sees increasing use of its AI models for influencing elections

Financial Wealth DailyOctober 9, 2024January 28, 20250

(Reuters) – OpenAI has seen a number of attempts where its AI models have been used to generate fake content,…

  • Economy

Gold and coffee boost September hedge fund returns, says Societe Generale

Financial Wealth DailyOctober 8, 2024January 28, 20250

By Nell Mackenzie LONDON (Reuters) – Gold and coffee helped to deliver trend-following hedge funds a positive result in September,…

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