Rivian sticks to production forecast below Wall Street targets
By Akash Sriram and Abhirup Roy (Reuters) -Electric-pickup maker Rivian on Tuesday stuck to a 2024 production forecast well below…
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Saudi Aramco maintains $31 billion dividend despite lower Q1 net income
By Hadeel Al Sayegh DUBAI (Reuters) -Saudi Arabia’s state oil giant Aramco expects to pay $31 billion in dividends to…
Apple working on AI chips for data centers, WSJ reports
(Reuters) – Apple is developing its own chip to run artificial intelligence software in data centers, the Wall Street Journal…
Exclusive-Disney and Comcast seek advisor to resolve Hulu valuation, sources say
By Anirban Sen and Dawn Chmielewski NEW YORK (Reuters) – Walt Disney and Comcast are seeking to hire a financial…
UPS CFO Brian Newman to step down on June 1, company says
(Reuters) – United Parcel Service said on Monday that its CFO and Executive Vice President Brian Newman would leave the…
Investors pull $9.9 billion from hedge funds in March – Nasdaq eVestment
By Nell Mackenzie LONDON (Reuters) – Investors withdrew an estimated net $9.9 billion from hedge funds in March, up from…
Putin orders tactical nuclear weapon drills to deter the West
By Guy Faulconbridge MOSCOW (Reuters) -Russia said on Monday it would practise the deployment of tactical nuclear weapons as part…
China’s Xi praises French ties as Macron prepares to talk trade
By Michel Rose and Noemie Olive PARIS (Reuters) -President Xi Jinping lauded China’s ties with France as an international model…
Buffett talks succession and Berkshire’s future at annual meeting
(Reuters) -Warren Buffett took the stage at Berkshire Hathaway’s annual meeting on Saturday, paying tribute to his longtime business partner…
Warren Buffett says taxes may rise to offset widening US deficits
NEW YORK (Reuters) -Warren Buffett said he expects the U.S. government to increase taxes to tackle widening fiscal deficits rather…