Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar
By Juveria Tabassum (Reuters) -Beyond Meat said it would ramp up product prices and “steeply reduce” costs this year after…
EBay beats earnings estimates on strong U.S. holiday spending
(Reuters) -E-commerce platform eBay beat market expectations for quarterly revenue and profit on Tuesday, helped by healthy consumer spending during…
Global stock index edges up, US dollar falls against the yen
By Sinéad Carew NEW YORK (Reuters) -A global equities index advanced slightly on Tuesday as investors weighed the outlook for…
Berkshire shares end in red as US threatens to sue unit over wildfire costs (Feb. 26)
(This Feb. 26 story has been refiled to fix the syntax in the headline) By Niket Nishant (Reuters) – Warren…
Zoom beats estimates on strong product demand, announces share buyback
By Zaheer Kachwala (Reuters) -Zoom Video Communications on Monday posted better-than-expected quarterly results helped by strong demand for its expanding…
Chips firms seek double $28 billion US subsidies available, Commerce Dept says
By David Shepardson WASHINGTON (Reuters) -U.S. Commerce Secretary Gina Raimondo said on Monday most chips companies seeking government subsidies will…
Oil gains over $1 on possible shipping disruptions
By Erwin Seba HOUSTON (Reuters) – Oil prices gained on Monday as European diesel demand, constrained by Russian sanctions and…
AT&T to give billing credits to consumers impacted by outage
By David Shepardson WASHINGTON (Reuters) -AT&T will award billing credits to consumers impacted or potentially impacted earlier this week by…
Exclusive-Broadcom nears $3.8 billion sale of remote access unit to KKR
By Milana Vinn (Reuters) -Chipmaker Broadcom is nearing a $3.8 billion deal to sell its business that allows users to…
Warren Buffett says Berkshire ‘built to last’ though eye-popping gains are over
By Jonathan Stempel (Reuters) – Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire Hathaway would serve…