Berkshire’s prospects for ‘elephant-sized acquisition’ not good: Buffett
Berkshire Hathaway Inc’s prospects for an “an elephant-sized acquisition” are “not good,” because “prices are sky-high for businesses possessing decent long-term prospects,” CEO Warren Buffett said on Saturday while also slamming CEOs who launched buy…
Falling stocks, Kraft Heinz trigger huge Berkshire loss
Sinking stocks and deteriorating prospects from an investment in Kraft Heinz Co pummeled the bottom line of Warren Buffett’s Berkshire Hathaway Inc, which on Saturday reported a huge quarterly net loss even as operating profit soared.
Egypt’s top administrative court lifts ban on Uber, Careem services
Egypt’s top administrative court on Saturday lifted a ban on operations by ride-hailing companies Uber and Careem, which have faced fierce opposition from traditional taxi drivers, a judicial source and lawyer said.
Wall St. Week Ahead: May be time for growth to run out of gas
A return to fashion of growth stocks in 2019 helped lead the overall market out of a year-end shakeout, but another multi-year run of growth performing better than value may not be in the cards.
Trump says he’s inclined to extend China trade deadline and meet Xi soon
President Donald Trump said on Friday there was “a very good chance” the United States would strike a deal with China to end their trade war and that he was inclined to extend his March 1 tariff deadline and meet soon with Chinese President Xi Jinping….
Brazil judge suspends Embraer-Boeing tie-up negotiations: court document
A Brazilian judge on Friday suspended negotiations for the tie-up of Brazilian aircraft maker Embraer SA and Boeing Co, according to a court document.
Microsoft workers demand it drop $480 million U.S. Army contract
Some Microsoft Corp employees on Friday demanded that the company cancel a $480 million hardware contract to supply the U.S. Army, with 94 workers signing a petition calling on the company to stop developing “any and all weapons technologies.”
No more MOUs! USTR Lighthizer tweaks trade terminology after dispute with Trump
In trade talks between the United States and China, Memorandums of Understanding – the building blocks of what would be a historic deal – are officially out.
Trump says inclined to extend China trade deadline, to meet Xi soon
U.S. President Donald Trump said on Friday there was “a very good chance” the United States would strike a deal with China to end their trade war and that he was inclined to extend his March 1 deadline to reach an agreement.
Fed’s policy pause sets stage for broad overhaul
When Federal Reserve policymakers last month put a three-year rate-hike campaign on hold and backed ending a yearlong push to shrink their $4 trillion balance sheet, they cited increased risks to U.S. economic growth and the need for more time to sort …
