Warren Buffett seems to be losing his enthusiasm for stocks, as Berkshire Hathaway’s cash reserves surged to nearly $277 billion. This increase came alongside a significant reduction in its Apple holdings, where
MoreBoeing named Kelly Ortberg as its new CEO on Wednesday, tasking him with turning around the company after a challenging quarter where it reported a loss of over $1 billion. Ortberg, a
MoreTurkey is pushing to finalize a free trade agreement with the Gulf Cooperation Council (GCC) by the end of the year, according to a statement from the Turkish trade ministry. This follows
MoreKKR & Co (KKR.N) reported a significant 49% increase in adjusted net income for the second quarter, reaching $972 million, up from $653 million the previous year. This equated to an adjusted
MoreA U.S. judge has ordered Wells Fargo (WFC.N) to face a lawsuit alleging it misled shareholders by claiming a commitment to hiring diversity, while allegedly conducting sham interviews with non-white and female
MoreFormer President Donald Trump has agreed to sit for an interview with the FBI, as the bureau investigates the attempted assassination by 20-year-old Thomas Crooks during a campaign rally in Pennsylvania. “They’re
MoreIn 2023, Vitol Group, a leading global energy trader, distributed $6.4 billion to its employees through share buybacks, as indicated in company filings reviewed by Reuters. This distribution represents the largest ever
MoreItalian Prime Minister Giorgia Meloni pledged on Sunday to “relaunch” cooperation with China during her inaugural official visit to Beijing since taking office. This visit marks a significant step as Italy aims
MoreNasdaq announced on Friday that private equity firm Thoma Bravo will sell 41.6 million shares in the exchange operator through a secondary public offering. Following this news, Nasdaq shares fell by 2.8%
MoreThe State of Michigan Retirement System, managing approximately $143.9 million in pension fund assets, has made a significant investment of $6.6 million in the ARK 21Shares Bitcoin ETF (ARKB.Z), according to a
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