OMAHA, Nebraska, May 6 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc BRKa.N posted a $35.5 billion first-quarter profit on Saturday, reflecting gains from stocks such as Apple Inc, while higher investment income and a rebound at car insurer Geico bolstered operating results.Berkshire also sped up repurchases of its own stock, buying back $4.4 billion, while… […]
LONDON, May 6 (Reuters) – Shell (SHEL.L) shareholders should vote against a climate activist resolution seeking faster emissions cuts, proxy advisory firm Institutional Shareholder Services (ISS) said on Saturday, while acknowledging the merits of the proposal.Shell investors will vote at an annual general meeting on May 23 on a resolution filed by the Follow This… […]
May 6 (Reuters) – Russian carmaker GAZ (GAZA.MM) has filed a lawsuit worth 15.6 billion roubles ($200.5 million) against Volkswagen (VOWG_p.DE), court records show, adding to two others filed earlier this year.The lawsuit, details of which have not been published, was filed with the Nizhny Novgorod Regional Arbitration Court on Friday.GAZ did not immediately respond… […]
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… […]
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… […]
On a recent episode of her Facebook Live show, U.S. Rep. Marjorie Taylor Greene claimed that “Bill … [+] Gates wants you to eat this fake meat that grows in a ‘peach tree dish’ so you’ll probably get a little zap inside your body that’ll say ‘No, don’t eat a real cheeseburger, you need to… […]
Topline The United States will not send the Ukrainian military rocket systems that can reach targets inside Russia, President Joe Biden said Monday, as Ukraine asks U.S. officials for long-range rockets to aid in its fight against Russian forces in the country’s east. A U.S.-made HIMARS on static display during live fire exercises on April… […]
Stranger Things Netflix Before I even got to start season 4 of Stranger Things, I noticed that something kept trending online, just the term “Episode 4,” which at a quick glance, was indeed related to the premiere of this first batch of seven episodes. The episode is called “Dear Billy,” and most Stranger Things fans… […]
Topline Congress must act to pass gun control legislation in the wake of two horrific mass shootings, President Joe Biden said Sunday, adding that while he will continue to push for gun reform, it’s ultimately up to the House and the Senate. US President Joe Biden and First Lady Jill Biden pay their respects at… […]
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