WARREN, Michigan (Reuters) – Republican presidential candidate Donald Trump said on Friday that if he is elected he would put a 100% tariff on Stellantis if the automaker tried moving jobs from the U.S. to Mexico. He was speaking at a rally in the battleground state of Michigan where another speaker said the company was…
By Arsheeya Bajwa (Reuters) -Intel will be replaced by Nvidia on the blue-chip Dow Jones Industrial Average index after a 25-year run, underscoring the shift in the chipmaking market and marking another setback for the struggling semiconductor firm. Nvidia will join the index next week along with paint-maker Sherwin-Williams , which will replace Dow, S&P…
By Jonathan Stempel (Reuters) -Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, slashing their holdings in Apple and boosting cash to a record $325.2 billion. Berkshire also reported a 6% decline in quarterly operating profit, largely the result of higher insurance underwriting liabilities including for Hurricane Helene, and currency…
ZURICH (Reuters) – Novartis expects to increase its annual sales by least 5% per year in the coming years, CEO Vas Narasimhan said in an interview on Saturday, with the pharmaceuticals giant having nothing to fear from the end of patent protection on some drugs. “I am very confident that we will achieve average growth…
