Trump officials see no Chinese concessions for tariff delays amid market rout
China made no trade concessions after U.S. President Donald Trump postponed 10% tariffs on over $150 billion worth of Chinese imports, senior U.S. officials said on Wednesday, adding that talks aimed at resolving the trade fight would continue and mark…
Trump says China should treat Hong Kong ‘humanely’ before trade deal can be agreed
President Donald Trump said on Wednesday that China wants to make a trade deal but it should treat Hong Kong “humanely” first, explicitly tying a trade agreement to a peaceful resolution of pro-democracy protests in Hong Kong.
Bankruptcy filings by U.S. energy producers pick up speed: law firm analysis
Bankruptcy filings by U.S. energy producers so far this year have already nearly matched the total for the whole of 2018, law firm Haynes & Boone reported on Wednesday, as volatile oil and gas prices drive companies to seek protection from creditors.
Ackman bets on idol Warren Buffett’s Berkshire Hathaway
Billionaire U.S. investor William Ackman has long described how Warren Buffett, often called the greatest stock picker ever, has influenced his career. Now he’s paying the Oracle of Omaha the ultimate homage with a new investment in Buffett’s Berkshire…
Buffett’s Berkshire boosts Amazon.com bet, attracts Ackman
Warren Buffett’s Berkshire Hathaway Inc on Wednesday said it boosted its stake in Amazon.com Inc by 11% during the second quarter, increasing its bet on the powerful online retailer even as stocks traded near record highs.
Microsoft’s latest privacy policy says vendors listen to voice data
Microsoft Corp said on Wednesday it updated its privacy policy to let customers know that it had been collecting voice data of its users with the help of employees and contractors.
Dow posts biggest one-day drop since October as recession fears take hold
Wall Street sold off sharply on Wednesday as recession fears gripped the market after the U.S. Treasury yield curve temporarily inverted for the first time in 12 years.
Ackman’s Pershing Square makes new investment in Berkshire Hathaway
Billionaire investor William Ackman’s hedge fund Pershing Square Capital Management has made a new bet on Warren Buffett’s Berkshire Hathaway Inc , according to a regulatory filing made on Wednesday.
Buffett’s Berkshire increases bet on Amazon.com
Warren Buffett’s Berkshire Hathaway Inc on Wednesday said it boosted its stake in Amazon.com Inc by 11% during the second quarter, as U.S. stock indexes traded near record highs.
WeWork and the new brand of office-space providers
WeWork owner The We Company published detailed financial statements for the first time on Wednesday, revealing breakneck revenue growth and soaring losses as it prepares for an initial public offering as early as next month.
