FRANKFURT, May 6 (Reuters) – Carmaker Volkswagen (VOWG_p.DE) is set to dismiss all but one of the executive board members at its software division Cariad next week to try to resolve development problems, a person familiar with the matter told Reuters on Saturday.The unit – set up under former VW group CEO Herbert Diess -has… […]
May 6 (Reuters) – UBS Group AG’s (UBSG.S) Chief Executive Sergio Ermotti has shortlisted the Credit Suisse Group AG’s (CSGN.S) executives most likely to become part of the management team, the Financial times reported on Saturday, citing people familiar with the plans.Dixit Joshi, chief financial officer, Francesca McDonagh, chief operating officer, and André Helfenstein, head… […]
Musk & Bezos 2 Billionaires Walk into a F1 Race … Who Comes Out Ahead?!? 5/6/2023 12: 24 PM PT Elon Musk and Jeff Bezos were on the same Formula One turf this weekend — and seeing how they didn’t cross paths … it would seem Miami’s big enough for the two of them. The… […]
Machine Gun Kelly Disses Jack Harlow in New Freestyle … After White Rapper Boast 5/6/2023 1: 00 PM PT Machine Gun Kelly has entered the chat for the “second greatest white rapper” debate after Jack Harlow declared himself heir apparent behind Eminem … and he might have a claim. MGK — who’s been much more… […]
Chris Brown Arguing with Usher in New Video … Amid Reports of Vegas Fight 5/6/2023 11: 27 AM PT TMZ.com Usher and Chris Brown got into a heated argument last night — which apparently led to some sort of a scuffle that got violent outside … and TMZ has video of the lead-up to that.… […]
Oakland A’s Announcer Glen Kuiper Apologizes, Reportedly Suspended … Used N-Word in Broadcast 5/6/2023 10: 42 AM PT Courtesy of MLB UPDATE 9: 30 AM PT — 5/7 — A’s beat writer for the San Francisco Chronicle Matt Kawahara reports that Glen Kuiper has been suspended pending a review of Friday’s Incident. UPDATE According to… […]
Berkshire Hathaway CEO Warren Buffett on Saturday assailed regulators, politicians and the media for confusing the public about the safety of U.S. banks and said that conditions could worsen from here.Buffett, when asked about the recent tumult that led to the collapse of three mid-sized institutions since March, launched into a lengthy diatribe about the… […]
Follow our live coverage of Warren Buffett at Berkshire Hathaway meeting.Berkshire Hathaway CEO Warren Buffett said Saturday that regulators avoided a financial disaster by making sure that Silicon Valley Bank customers didn’t lose money in the firm’s collapse.related investing newsThe sudden downfall of SVB in March forced the Federal Deposit Insurance Corp. to seize the bank, selling some of… […]
OMAHA, Neb. — Warren Buffett struck a pessimistic tone about Berkshire Hathaway’s myriad of businesses on Saturday, saying he expects an earnings decline in light of an economic slowdown.”In the general economy, the feedback we get is that, I would say, perhaps the majority of our businesses will actually report lower earnings this year than… […]
Berkshire Hathaway’s annual shareholder meeting on Saturday included dozens of questions spanning topics such as investing strategy, artificial intelligence and politics for the legendary investors at the helm of the conglomerate: Chairman Warren Buffett and Vice Chairman Charlie MungerBut it wasn’t all strictly business. Buffett and Munger — who are 92 and 99 years old,… […]
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