The Indian government sees little hope of a bidder emerging for debt-laden Jet Airways Ltd, which halted operations last month, two senior finance ministry officials said.
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.
Billionaire Warren Buffett wants to do more business in the United Kingdom and Europe regardless of how Brexit turns out.
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 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.
One of Warren Buffett’s and Charlie Munger’s biggest regrets was not buying shares of Google owner Alphabet Inc.
Billionaire Warren Buffett, whose Berkshire Hathaway Inc is Wells Fargo & Co’s largest shareholder, on Saturday signaled no shift in his support for the bank despite several scandals it has faced.
Warren Buffett, the 88-year-old chairman and chief executive officer of Berkshire Hathaway Inc, is taking hours of questions from investors and journalists at the conglomerate’s annual shareholder meeting on Saturday.
Warren Buffett’s Berkshire Hathaway Inc on Saturday said gains in its stock investments fueled a big first-quarter profit, while improved results from its Geico auto insurer and BNSF railroad units boosted operating results.
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Warren Buffett’s Berkshire Hathaway Inc on Saturday swung to a big quarterly profit, bolstered by gains in its stock investments, and also posted a small increase in operating earnings.
Tens of thousands of shareholders of Berkshire Hathaway Inc will gather in Omaha this weekend to hear life advice from billionaire Warren Buffett, but they also will look for clues on what he plans to do with his company’s cash.
Two Exxon Mobil Corp shareholders said on Friday they would withhold their support for the re-election of all ExxonMobil directors at the company’s annual meeting due to the U.S. oil major’s “inadequate response” to climate change.
U.S. trade officials rejected Tesla Inc’s bid for relief from President Donald Trump’s 25-percent tariffs on the Chinese-made Autopilot “brain” of its Model 3 and other electric vehicles, one of more than 1,000 product denials linked to China’s industrial development plans.
U.S. job growth surged in April and the unemployment rate dropped to the lowest in nearly half a century, pointing to sustained strength in economic activity even as last year’s massive stimulus from Republican tax cuts and spending increases fades.
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