Berkshire reveals $6.72 billion stake in insurer Chubb
By Jonathan Stempel (Reuters) - Warren Buffett's Berkshire Hathaway on Wednesday revealed a new, $6.72 billion stake in the i...
1h ago
Disney to dramatically cut spending for traditional TV networks
By Lisa Richwine (Reuters) - Walt Disney will cut its investment in programming for traditional television networks pretty dr...
1h ago
Kansas City Fed sets Jackson Hole conference dates Aug 22-24
(Reuters) - The Federal Reserve Bank of Kansas City on Wednesday said its annual central banking conference in Jackson Hole, ...
1h ago
AT&T, AST SpaceMobile tie up to provide space-based broadband network
(Reuters) - Telecom giant AT&T has entered an agreement with AST SpaceMobile to provide a space-based broadband network d...
1h ago
Cisco forecasts upbeat fourth-quarter revenue on enterprise demand
(Reuters) -Cisco Systems forecast fourth-quarter revenue above Wall Street estimates on Wednesday as the network equipment ma...
2h ago
US to issue rules on Chinese connected vehicles this fall
WASHINGTON (Reuters) - U.S. Commerce Secretary Gina Raimondo said on Wednesday that her department plans to issue proposed ru...
3h ago
Tyson Foods unsure when tight US cattle supplies will expand, CEO says
By Tom Polansek CHICAGO (Reuters) - Tyson Foods cannot predict exactly when U.S. ranchers will start rebuilding the cattle he...
3h ago
Bridgewater piled into Mag Seven stocks in Q1 but spurned Tesla - filings
By Carolina Mandl NEW YORK (Reuters) - Bridgewater Associates piled into six of the so-called Magnificent Seven megacap U.S. ...
3h ago
Netflix hits 40 million users for ad-supported plan
(Reuters) - Netflix said on Wednesday its ad-supported tier has reached 40 million global monthly active users, from 5 millio...
3h ago
Renaissance Technologies, Two Sigma among funds that dumped Boeing in first quarter
By David Randall NEW YORK (Reuters) - Renaissance Technologies, Two Sigma Investments and Arrowstreet Capital were among larg...
4h ago