In abrupt turn, Trump vows higher U.S. tariffs on China goods
U.S. President Donald Trump on Sunday dramatically increased pressure on China to reach a long-sought trade deal by announcing he will markedly increase U.S. tariffs on certain Chinese goods.
Boeing says safety review corroborated its findings on a 737 MAX sensor
Boeing Co said on Sunday that a Safety Review Board convened in late 2018 corroborated its prior conclusion that an angle-of-attack (AOA) sensor on the 737 MAX, which has suffered two fatal crashes, was not necessary for the safe operation of commercia…
Airbus considers legal action against Germany over Saudi ban: sources
Airbus is considering suing the German government as its freeze on arms exports to Saudi Arabia means the company is unable to complete a border security system for the Gulf state, two people familiar with the matter said.
India sees little scope for Jet Airways revival: government sources
India’s government sees little hope of a bidder emerging for debt-laden Jet Airways Ltd, two senior finance ministry officials said, even as thousands of employees plead with the government for a rescue.
Warren Buffett defends Kraft, says Wells Fargo made ‘big mistakes’
Warren Buffett on Saturday signaled his commitment to Kraft Heinz Co and defended his actions toward Wells Fargo & Co, two of the largest investments at his Berkshire Hathaway Inc, despite mistakes at both that have caused many investors to sour on them.
Warren Buffett says he wants to do more business in Britain, Europe
Billionaire Warren Buffett wants to do more business in the United Kingdom and Europe regardless of how Brexit turns out.
Warren Buffett: Berkshire discloses enough about itself
Warren Buffett on Saturday rejected a frequent criticism that his Berkshire Hathaway Inc does not disclose enough about its more than 90, often large operating businesses or its common stock investments.
Warren Buffett praises Kraft Heinz operations, says Wells Fargo made ‘big mistakes’
Warren Buffett on Saturday signaled his commitment to Kraft Heinz Co and defended his actions toward Wells Fargo & Co, two of the largest investments at his Berkshire Hathaway Inc, despite mistakes at both that have caused many investors to sour on them.
‘We screwed up’ not buying Google shares, Berkshire’s Munger says
One of Warren Buffett’s and Charlie Munger’s biggest regrets was not buying shares of Google owner Alphabet Inc.
Highlights: Wit and wisdom of Warren Buffett, the ‘Oracle of Omaha’
Warren Buffett, the 88-year-old chairman and chief executive of Berkshire Hathaway Inc, is taking hours of questions from investors, analysts and journalists at the conglomerate’s annual shareholder meeting on Saturday.
