Finance

Berkshire invests in Capital One, sheds four stocks

By Jonathan Stempel Berkshire Hathaway Inc on Monday disclosed it has begun investing in Capital One Financial Corp

2023-05-16 05:58

US banking regulators open to mergers, but vow tougher rules

By Pete Schroeder WASHINGTON (Reuters) -Top U.S. banking regulators plan to tell lawmakers the government will be open to future

2023-05-16 05:57

US regional bank shares bounce as debt ceiling overshadows crisis

By Chibuike Oguh and Niket Nishant (Reuters) -Shares of U.S. regional lenders rose on Monday, led by a rebound in

2023-05-16 05:55

Fed's Barkin not yet convinced inflation heading steadily lower

By Howard Schneider AMELIA ISLAND, Florida (Reuters) -Richmond Federal Reserve President Thomas Barkin on Monday said he is not convinced

2023-05-16 05:48

Fire protection company Kidde-Fenwal files for bankruptcy citing PFAS lawsuits

By Dietrich Knauth Kidde-Fenwal Inc, a subsidiary of Carrier Global Corp that specializes in fire control systems, filed

2023-05-16 05:29

Argentina raises interest rate to 97% as it struggles to tackle inflation

The Central Bank of Argentina raised its key interest rate Monday by six percentage points to 97% in an effort to tackle soaring inflation that has reached 30-year highs.

2023-05-16 05:22

Buffett-backed Nubank reports record revenue on steady user growth

Brazil's Nubank on Monday reported record revenue for the first-quarter as the digital bank benefited from steady growth

2023-05-16 05:22

Writers strike felt in missing NBC stars, absence of Fox schedule for TV sales pitches

The impact of the writers strike was evident as major television networks began their annual week of sales presentations to advertisers

2023-05-16 05:15

EV startup Arrival's cash and equivalents slump at end of first quarter

British electric vehicle start-up Arrival SA said on Monday it had $130 million in cash and cash equivalents

2023-05-16 04:57

Amazon is changing its deliveries behind the scenes to cut shipping times

Amazon is revamping its delivery operations in an effort to cut costs while speeding up shipping times to the next day or sooner.

2023-05-16 04:51

U.S. announces plan to buy 3 million barrels for emergency oil reserve

(Reuters) -The U.S. Department of Energy said on Monday it will purchase 3 million barrels of crude oil for the

2023-05-16 04:50

First Foundation Files Definitive Proxy Statement and Issues Letter to Stockholders

DALLAS--(BUSINESS WIRE)--May 15, 2023--

2023-05-16 04:45