May 15, 2019

Buffett’s Berkshire reveals $861 million Amazon stake

Warren Buffett’s Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the […]
May 15, 2019

U.S. close to resolving tariff dispute with Canada, Mexico: Mnuchin

The United States is close to resolving a dispute over steel and aluminum tariffs with Canada and Mexico, U.S. Treasury Secretary Steven Mnuchin said on Wednesday, […]
May 15, 2019

FAA expects Boeing to submit 737 MAX fix soon for approval

Federal Aviation Administration acting chief Dan Elwell told lawmakers on Wednesday he expects Boeing Co to submit a software fix for the grounded 737 MAX involved […]
May 15, 2019

Southwest CEO says Boeing made mistakes but he is hopeful 737 MAX will fly this summer

Boeing Co made mistakes that need to be addressed, Southwest Airlines Co Chief Executive Officer Gary Kelly told shareholders on Wednesday, but he added he is […]
May 15, 2019

Commerzbank to hold supervisory board meeting to discuss strategy: sources

Commerzbank plans to hold an extraordinary meeting of its supervisory board on May 21 to discuss strategy, people familiar with the matter said on Wednesday. Powered […]
May 15, 2019

Macy’s CEO says tariff escalation could hurt business

Macy’s Inc said on Wednesday the latest tariffs on Chinese imports by Washington are hitting its furniture business and warned investors that additional levies would leave […]
May 15, 2019

Nestle in talks with EQT Partners to sell skin health unit: source

Nestle SA is in exclusive talks with a consortium led by private equity firm EQT Partners for a sale of its skin health unit, according to […]
May 15, 2019

Exclusive: Kone looks at options for potential Thyssenkrupp elevator deal – sources

Finland’s Kone is assessing the viability of a bid for Thyssenkrupp’s 14 billion euro ($15.7 billion) elevators division even as the German conglomerate pursues plans to […]
May 15, 2019

Wall Street gains on optimism over possible delay in auto tariffs

U.S. stocks gained ground on Wednesday after a report that President Donald Trump was set to delay a decision to impose auto tariffs, offering respite to […]
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