Warren Buffett’s company has bet $47B on the oil sector
OMAHA, Neb. (AP) — Warren Buffett’s company has bought up more than $11 billion worth of Occidental Petroleum stock this…
Biden Signs Bill To Boost U.S. Chips, Compete With China
By David Shepardson and Jeff Mason WASHINGTON (Reuters) -President Joe Biden on Tuesday signed a landmark bill to provide $52.7…
Dreaded ‘down Rounds’ Shave Billions Off Startup Valuations
By Manya Saini (Reuters) – Several high-flying startups are being brought down to earth, as a recent carnage in global…
Most electric vehicles won’t qualify for federal tax credit
DETROIT (AP) — A tax credit of up to $7,500 could be used to defray the cost of an electric…
U.S. Accuses Chinese Company Of Helping ZTE Hide Business With Iran
By Karen Freifeld WASHINGTON (Reuters) -The U.S. Commerce Department on Tuesday accused Far East Cable, China’s largest wire and cable…
Homegrown foundation leader builds bridges, trust in Flint
FLINT, Mich. (AP) — Isaiah Oliver carefully parks his car in the crumbling parking lot of North Flint’s Greater Holy…
Ralph Lauren, Capri Beat Revenue Estimates On Resilient Luxury Demand
(Reuters) – Ralph Lauren Corp and Michael Kors-owner Capri Holdings beat quarterly revenue estimates on Tuesday, underscoring the unwavering demand…
Oil Rises As Russian Pipeline Halt Revives Supply Fears
By Alex Lawler LONDON (Reuters) – Oil rose over $1 a barrel on Tuesday, reversing an earlier decline, after Russia…
SoftBank Steps Up Asset Sales From Sinking Portfolio
By Sam Nussey TOKYO (Reuters) – SoftBank Group Corp is accelerating asset sales after its flagship Vision Fund unit booked…
Estonia, Finland want Europe to end Russian tourist visas
COPENHAGEN, Denmark (AP) — The leaders of Estonia and Finland want fellow European countries to stop issuing tourist visas to…