Business - Page 99

Warren Buffett and Berkshire Hathaway continued reducing their stock holdings in the third quarter, cutting back their stake in Apple and raising cash reserves to a record $325.2 billion. In its quarterly

Republican U.S. presidential candidate Donald Trump warned on Tuesday that the European Union would “pay a big price” for not purchasing enough American exports if he wins the upcoming election on Nov.

As the U.S. presidential election approaches, investors in interest rate options are placing trades that could profit if rates stay elevated, signaling that markets may be anticipating a Republican sweep. The options

Tesla CEO Elon Musk has made an ambitious commitment to boost vehicle sales by 30% next year, driven by the introduction of a new, affordable model and enthusiasm for self-driving software. Yet,

Mercedes-Benz announced plans to accelerate cost-cutting measures after third-quarter earnings dropped by half, impacted by weak demand and intense competition in China. The luxury carmaker adjusted its full-year profit margin target twice

For four days, billionaire Elon Musk toured Pennsylvania, lending his support and influence to Republican Donald Trump’s campaign ahead of the November election. At the rallies, Musk received praise from conservatives while

UBS is divesting part of the Credit Suisse business it acquired last year by selling the fallen bank’s 50% stake in the credit card provider Swisscard. The deal involves UBS selling its

The dollar was set for its third consecutive weekly gain on Friday, bolstered by a dovish European Central Bank (ECB) and strong U.S. economic data, which is pushing back expectations for rate