Buffett’s Berkshire posts record profit on insurance, investments
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway on Saturday posted its second straight record annual operating profit, with…
Moon lander Odysseus tipped sideways on lunar surface but ‘alive and well’
By Steve Gorman and Joey Roulette (Reuters) -The moon lander dubbed Odysseus is “alive and well” but resting on its…
Ford halts shipments of new F-150 Lightning EVs
By David Shepardson (Reuters) -Ford Motor said on Friday it had halted shipments of all 2024 model year F-150 Lightning…
Analysis-Prices for new US drugs rose 35% in 2023, more than the previous year
By Deena Beasley (Reuters) – Pharmaceutical companies last year launched new U.S. drugs at prices 35% higher than in 2022,…
EV maker Lotus Tech closes up modestly in Nasdaq debut after SPAC merger
By Echo Wang and Lance Tupper NEW YORK (Reuters) -Shares of Lotus Technology closed up 2% in their Nasdaq debut…
S&P, Dow eke out another record closing high as Nvidia momentum endures
By David French (Reuters) – The S&P 500 and Dow Jones Industrial Average eked out another closing record high on…
TSX ends higher, wraps up week with gains
(Reuters) -Canada’s main stock index gained on Friday, wrapping up the week on a positive note, helped by gains in…
Nvidia briefly hits $2 trillion valuation as AI frenzy grips Wall Street
By Aditya Soni and Patturaja Murugaboopathy (Reuters) -Nvidia briefly hit $2 trillion in market value for the first time on…
Reddit’s US IPO filing reveals $90.8 million losses, 21% revenue growth in 2023
By Niket Nishant and Manya Saini (Reuters) -Reddit disclosed on Thursday that its net loss narrowed to $90.8 million and…
Carvana shares ride higher after first annual profit
(Reuters) -Shares of Carvana surged nearly 40% on Friday after the used-car retailer posted its first annual profit, in a…