Buffett’s firm cuts stakes U.S. Bank, BYD; adds chip maker
OMAHA, Neb. (AP) — Warren Buffett’s company slashed its stake in U.S. Bank’s parent company and also sold shares in…
Headlines
Renault Chairman Says ‘nothing Is Blocking’ Nissan Alliance Talks
TOKYO (Reuters) – Nothing is blocking discussions between Nissan and Renault over the future of their alliance and the two…
Amazon To Lay Off Thousands Of Employees -source
By Jeffrey Dastin (Reuters) -Amazon.com Inc is planning to lay off around 10,000 employees in corporate and technology roles beginning…
FTX’s Founder Bankman-Fried Says He Failed To See Warning Signs – NYT
(Reuters) – FTX founder and former Chief Executive Sam Bankman-Fried said he expanded his business too fast and failed to…
Japan’s Q3 GDP Unexpectedly Shrinks As Soaring Inflation, Global Slowdown Take Toll
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s economy unexpectedly shrank in the third quarter, the first contraction in a year as…
Fed’s top financial regulator urges ‘guardrails’ for crypto
WASHINGTON (AP) — The top U.S. banking regulator at the Federal Reserve is urging Congress to pass legislation that would…
Frontier, 5 other airlines to refund more than $600 million
Frontier Airlines and five foreign carriers have agreed to refund more than $600 million combined to travelers whose trips were…
U.S. Says Six Airlines Issue $622 Million In Refunds, Pay $7.25 Million In Fines
By David Shepardson WASHINGTON (Reuters) – The U.S. Transportation Department said Monday that six airlines will pay $7.25 million in…
Buffett’s Berkshire Discloses Big Taiwan Semi Stake
By Jonathan Stempel (Reuters) -Berkshire Hathaway Inc said it bought more than $4.1 billion of stock in Taiwan Semiconductor Manufacturing…
Another union rejects deal with nation’s freight railroads
OMAHA, Neb. (AP) — A third railroad union has rejected its agreement with the nation’s freight railroads, increasing the chances…