‘Twist’ in Warren Buffett’s succession plan raises eyebrows among Berkshire’s Omaha faithful
Many Berkshire Hathaway shareholders left last weekend’s annual meeting pondering Warren Buffett’s big revelation about succession.
China EV maker Nio on track to unveil its first mass-market car in May, executive says
China EV maker Nio is on track to unveil a new model under a mass-market brand by the end of this month and a smaller EV to be sold in Europe next year.
Exxon CEO says dispute with Chevron over Hess Guyana oil assets could drag into 2025
Exxon claims right of first refusal on Hess’ assets in Guyana under an agreement that governs a consortium developing the country’s oil resources.
Disney reports earnings before the bell Tuesday. Here’s what Wall Street is watching
Walt Disney will puts its top-tier streaming dominance to the test when it reports results before the bell Tuesday.
Chevron CEO says natural gas demand will outpace expectations on data center electricity needs
Chevron CEO Mike Wirth says natural gas will play a key role in powering data centers as renewables still face challenges supplying peak demand.
Boeing forced to scrub first crewed Starliner launch to the space station
The launch attempt was called off roughly two hours ahead of the planned liftoff.
Robinhood says SEC could pursue enforcement actions over its crypto operations
Robinhood had disclosed in February that it received subpoenas from the SEC related to its crypto business.
Ex-CEO Howard Schultz says Starbucks needs to revamp its stores after big earnings miss
In its latest quarter, Starbucks reported a surprise decline in same-store sales and slashed its full-year forecast.
Euro zone business activity grows at fastest pace in almost a year, PMI shows
Euro zone business activity expanded at its fastest pace in almost a year last month as a resurgence in the bloc’s dominant services industry more than offset a deeper downturn in manufacturing, a survey showed on Monday.
