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Berkshire Hathaway raises new CEO Abel's salary to $25 million
Jan 6 (Reuters) - Berkshire Hathaway BRKa.N said on Tuesday it raised the salary of new Chief Executive Greg Abel to $25 million, far exceeding the $100,000 annual salary that his predecessor Warren Buffett accepted for more than four decades.Abel, 63, became chief executive o...
Wed, Jan 7
Stocks rise to records, dollar edges up as investors await economic news
NEW YORK, Jan 6 (Reuters) - Major stock indexes including the Dow Jones Industrial Average and European shares rose to record highs on Tuesday, while the dollar edged higher as investors f...
Wed, Jan 7
Trump discussing how to acquire Greenland, US military always an option, White House says
U.S. purchase of Greenland also an option being discussedInvasion would send shock waves through NATOTrump's drive to acquire Greenland 'not going away', official saysSome U.S. Republicans and Democrats push back against Greenland commentsBy Steve Holland, Jeff Mason and Bo Erickson W...
Wed, Jan 7
US House panel to consider legislation that could speed self-driving car deployment
Proposals include banning state rules on autonomous systemsNHTSA urged to speed reviews of self-driving vehicle requestsLawmakers considering steps to make it easier to deploy self-driving vehiclesBy David Shepardson WASHINGTON, Jan 6 (Reuters) - A U.S. House of Representatives committee will
Wed, Jan 7
Oil falls as investors weigh supply outlook, Venezuelan uncertainties
Analysts predict rising supply in 2026 despite uncertaintiesUS to meet oil executives to discuss Venezuelan production boostUS crude stocks fell last week, sources say citing API dataBy Shariq Khan NEW YORK, Jan 6 (Reuters) - Oil prices fell on Tuesday as the market weighed expectations of ample ...
Tue, Jan 6
China stocks hit decade high as metals, financials rally
China stocks climbed on Tuesday to their highest levels in more than a decade, buoyed by non-ferrous metals and financials, as investor sentiment remained upbeat ahead of the Lunar New Year holiday. Hong Kong shares also climbed.
Tue, Jan 6
Japan's 10-year yield inches higher after moderately firm bond auction
Japan's 10-year government bond yield reversed course to inch higher on Tuesday after a moderately firm outcome at a same-maturity bond auction.
Tue, Jan 6
Wheat futures post modest gain on US Plains dryness, global supply weighs
Chicago wheat futures edged higher on Tuesday as dry conditions in the U.S. Plains and rising tensions in the Black Sea export region supported prices under pressure from ample global supplies.
Tue, Jan 6
Asian stocks extend record rally while oil, dollar drift
Asian stocks extended their record climb on Tuesday, taking the baton from Wall Street where gains for oil companies and financials helped the Dow Jones Industrial Average .DJI hit an all-time peak.
Tue, Jan 6
WRAPUP 17-Maduro pleads not guilty to drug charges, saying he was 'kidnapped'
LATEST DEVELOPMENTS:Shackled Maduro, in prison garb, hears charges through headphonesCaptured Venezuelan and wife Cilia Flores plead not guiltyDefense lawyer predicts legal fight over 'military abduction'Delcy Rodriguez sworn in as interim Venezuelan presidentUN debates legality of US raid, ...
Tue, Jan 6
Dow bounds to record high, boosted by banks, energy
Wall Street kicked off a fresh, post-holiday week with solid gains on Monday, which sent the Dow to a record high.
Tue, Jan 6
Dell revives XPS brand with new laptops to boost PC market share
New XPS models feature Intel Core Ultra Series 3 processorsDell shifts focus from tier names to simplify customer understandingUpcoming XPS 13 teased as thinnest and lightest model yetBy Jaspreet SinghJan 5 (Reuters) - Dell DELL.N has brought back its popular XPS laptop lineup a year after retiring
Tue, Jan 6
Nvidia CEO Huang says next generation of chips is in full production
Nvidia's Vera Rubin platform to debut with 72 graphics processing units, 36 central processorsNvidia faces competition from AMD and Google in AI chip marketNvidia's new chips use proprietary data for performance boostBy Stephen Nellis LAS VEGAS, Jan 5 (Reuters) - Nvidia NVDA.O CEO Jensen ...
Tue, Jan 6
US Cash Crude-Grades mixed as Chevron resumes Venezuela oil exports to US
HOUSTON, Jan 5 (Reuters) - Grades were mixed on Monday, dealers said, as Chevron resumed oil exports from Venezuela to the U.S. while U.S. refining capacity ticked lower. Chevron CVX.N the only U.S. oil major operating in Venezuela, is calling employees back to the South American country as its cru
Tue, Jan 6
Meta created ‘playbook’ to fend off pressure to crack down on scammers, documents show
Meta worked to make scam ads "not findable," documents showMeta devised a "global playbook" to stall verification regulations Revenue loss, costs among Meta's concerns over verificationBy Jeff Horwitz SAN FRANCISCO, Dec 31 (Reuters) - Japanese regulators last year were ups...
Tue, Jan 6
Mystery trader garners $400,000-plus windfall on Maduro's capture
Mystery trader makes $410,000 profit after betting on near-term ousting of Venezuelan presidentUnknown trader made bets amounting to $34,000 in days leading up to Maduro's captureUS lawmakers have recently pushed for stricter insider trading rulesBy Anirban Sen NEW YORK, Jan 5 (Reuters) - An ...
Tue, Jan 6
US auto sales defy regulatory uncertainty to rise 2% in 2025
Affordability remains a barrier, with executives called to testify in Senate hearingGasoline-powered trucks and SUVs drive demand despite EV market turbulenceAnalysts split on 2026 auto market outlook amid economic uncertaintyBy Nora Eckert and Kalea Hall DETROIT, Jan 5 (Reuters) - Sales of new c
Tue, Jan 6
Intel launches next-gen PC chip at CES in Las Vegas
Intel's Panther Lake chip uses new 18A manufacturing processIntel aims to regain market share from AMD with new chipAMD and Nvidia also present at CES with AI chip announcementsBy Max A. Cherney Jan 5 (Reuters) - Intel INTC.O launched Panther Lake, its new AI chip for laptops, on Monday at th...
Tue, Jan 6
Tesla UK car sales slump 29% in December as competition heats up, data shows
Jan 6 (Reuters) - Tesla's TSLA.O UK car registrations dropped by more than 29% year-on-year in December, industry data showed on Tuesday, underscoring the intense competition faced by the U.S. electric vehicle maker in its largest European market.The Elon Musk-led company's UK registrations ...
Tue, Jan 6
South Korea's Lee says Seoul and Beijing need to expand AI cooperation, Yonhap says
South Korean President Lee Jae Myung said on Monday that South Korea and China need to expand economic cooperation over artificial intelligence (AI), the Yonhap News Agency reported.
Mon, Jan 5
