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Berkshire’s Cash Stockpile Soars as It Cuts Its Stake in Apple
The conglomerate reported nearly $277 billion in cash in the second quarter. And while it sold about 390 million shares in Apple, it still owned...
Berkshire Stung by Losses in Its Stock Holdings
The conglomerate’s cash stake swelled to a record $157.2 billion in the third quarter even as it posted $23.5 billion in losses from investments.
Canadian Labor Union Votes to Ratify Contract With Ford
The deal with Unifor was a relief for the Detroit automaker, whose U.S. union has begun a limited strike over better pay and benefits.
Canadian Labor Union Votes to Ratify Contract With Ford
The deal with Unifor was a relief for the Detroit automaker, whose U.S. union has begun a limited strike over better pay and benefits.
Berkshire Hathaway Posts Quarterly Profit of Nearly $36 Billion
A rebound in performance at the Geico car insurer helped offset declines in the conglomerate’s freight railroad business.
Malaysia Halts Festival After Kiss Between The 1975 Members
The episode comes as rights groups have warned of growing intolerance against lesbian, gay, bisexual and transgender people in the country, where homosexuality is a...
Tesla to Build Factory in Shanghai for Large-Scale Batteries
The company plans to break ground this year on a plant that will produce 10,000 of its energy-storage units known as Megapacks annually.
Meta Battles F.T.C. in Court Over Future of Virtual Reality
A trial that began Thursday will serve as a test of the Federal Trade Commission’s argument that Facebook’s parent company is trying to buy its...
Chief of Israeli Spyware Firm NSO to Step Down as It Revamps
The U.S. blacklisted the company last year after reports that governments had used its software to target journalists, dissidents and opposition politicians.
Saudi Aramco Posts $25 Billion Profit
The world’s oil giants are bouncing back, aided by accelerating economies in crucial markets.