Buffett’s Berkshire offloads $228.7 million worth BofA shares in latest sale
(Reuters) – Warren Buffett’s Berkshire Hathaway has sold shares worth $228.7 million in Bank of America, as the conglomerate continues…
Month: September 2024
Copper output from Chile’s Codelco slides nearly 11% in July
SANTIAGO (Reuters) – Chile state miner Codelco produced 111,400 metric tons of copper in July, down 10.7% from a year…
Adobe to launch generative AI video creation tool later this year
By Deborah Mary Sophia (Reuters) – Adobe will unveil a new generative AI-powered video creation and editing tool in a…
Bank dividends catapult Q2 global payouts to record highs
Banks continued to propel global dividends to record highs in the second quarter of 2024 as higher interest rates boosted…
SpaceX launches billionaire’s private crew on milestone spacewalk mission
By Joey Roulette and Gerry Doyle WASHINGTON (Reuters) -Four private astronauts blasted into space early on Tuesday in a modified…
JPMorgan shares slide on more cautious outlook for interest income
By Nupur Anand and Pritam Biswas NEW YORK (Reuters) -JPMorgan Chase shares fell about 6% after the bank’s president on…
Ally Financial flags ‘intensifying’ credit challenges; shares slump
(Reuters) – Ally Financial’s credit challenges have intensified over the quarter as borrowers struggled with high inflation and costs of…
Surge of imports to US continues as possible East Coast port strike looms
By Lisa Baertlein LOS ANGELES (Reuters) – Imports of U.S. container cargo in August jumped 12.9% from a year ago…
US oil firms evacuate staff, cut drilling ahead of Storm Francine
By Georgina McCartney HOUSTON (Reuters) -U.S. Gulf of Mexico oil and gas producers were evacuating staff and curbing drilling to…
Apple shows off new Watches, AirPods as it kicks off iPhone 16 AI event
By Max A. Cherney and Kenrick Cai CUPERTINO, California (Reuters) – Apple unveiled updated Watches and AirPods at an event…