By Peter Osborne l DBT Editor M&T Bank and its Wilmington Trust subsidiary will hire hundreds of tech talent over the next few years, including 50 new “technologists” over the next nine months and reinforce its commitment to downtown Wilmington by housing them in a
(Reuters) – Warren Buffett is hunting for “an elephant-sized acquisition,” but he is not optimistic about getting it done. FILE PHOTO – Warren Buffett, CEO of Berkshire Hathaway Inc, gestures while playing bridge as part of the company annual meeting weekend in Omaha, Nebraska U.S.
(Reuters) – Sinking stocks and deteriorating prospects from an investment in Kraft Heinz Co pummeled the bottom line of Warren Buffett’s Berkshire Hathaway Inc, which on Saturday reported a huge quarterly net loss even as operating profit soared. FILE PHOTO: Warren Buffett, CEO of Berkshire
Feb 23 (Reuters) – Berkshire Hathaway Inc’s prospects for an “an elephant-sized acquisition” are “not good,” because “prices are sky-high for businesses possessing decent long-term prospects,” CEO Warren Buffett said on Saturday while also slamming CEOs who launched buybacks when their stock prices are lofty.
Days before a second U.S.-North Korea summit, much rests on the shoulders of a former auto executive trying to find common ground between an American president seeking a big foreign policy win and a North Korean leader who seems unlikely to hand him one. Stephen
Egypt’s top administrative court on Saturday lifted a ban on operations by ride-hailing companies Uber and Careem, which have faced fierce opposition from traditional taxi drivers, a judicial source and lawyer said. A lower administrative court withdrew the permits of U.S.-based Uber and its main
President Donald Trump said on Friday there was “a very good chance” the United States would strike a deal with China to end their trade war and that he was inclined to extend his March 1 tariff deadline and meet soon with Chinese President Xi
Some Microsoft Corp employees on Friday demanded that the company cancel a $480 million hardware contract to supply the U.S. Army, with 94 workers signing a petition calling on the company to stop developing “any and all weapons technologies.” The organizing effort, described to Reuters
FILE PHOTO: An aerial view of Pemex’s storage and distribution terminal on the outskirts of Mexico City, Mexico February 1, 2019. REUTERS/Edgard Garrido/File Photo MEXICO CITY (Reuters) – Mexico’s Pemex produced 1.62 million barrels of crude per day in January, less than any month in