Business

(Reuters) – Berkshire Hathaway Inc (BRKa.N) on Saturday said its quarterly operating profit rose more than analysts expected, as growth in several business lines offset the drag from trade tensions and tariffs and billionaire Warren Buffett’s inability to deploy the conglomerate’s cash. FILE PHOTO: Warren Buffett, chairman and CEO of Berkshire Hathaway, takes his seat
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FILE PHOTO: PG&E crew work on power lines to repair damage caused by the Camp Fire in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage (Reuters) – California Governor Gavin Newsom said he will convene a meeting of Pacific Gas and Electric Co executives, shareholders, wildfire victims, and PG&E’s other creditors in Sacramento next week
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LONDON (Reuters) – Royal Dutch Shell (RDSa.L) has appointed Huibert Vigeveno to head its downstream business, the refining, trading and marketing operations that are to become a key pillar for the oil and gas company as it transitions to cleaner energy. FILE PHOTO: The logo of Royal Dutch Shell at a petrol station in Sint-Pieters-Leeuw,
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FILE PHOTO: Stickers bearing the Facebook logo are pictured at Facebook Inc’s F8 developers conference in San Jose, California, U.S., April 30, 2019. REUTERS/Stephen Lam (Reuters) – Shares of Facebook Inc (FB.O) rose nearly 5% on Thursday, a day after the social network reported its third straight rise in the pace of quarterly sales growth
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(Reuters) – When Federal Reserve officials conclude their two-day policy meeting on Wednesday, they may at last have succeeded in divorcing the actions they take in managing the U.S. central bank’s massive balance sheet from interest rate decisions. FILE PHOTO: The Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie
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FILE PHOTO: A sign is pictured outs a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Dave Paresh (Reuters) – Australia’s consumer regulator filed a lawsuit against Alphabet Inc’s (GOOGL.O) Google on Tuesday, alleging it misled consumers about how it was collecting, storing and using personal location data. The
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BEIJING (Reuters) – Profits at China’s industrial firms contracted for the second straight month in September as producer prices continued their slide, highlighting the toll a slowing economy and protracted U.S. trade war are having taken on corporate balance sheets. People stand near a window overlooking the financial district in Shanghai, China October 23, 2019.
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WASHINGTON (Reuters) – Microsoft Corp. (MSFT.O) has won the Pentagon’s $10 billion cloud computing contract, the Defense Department said on Friday, beating out favorite Amazon.com Inc (AMZN.O). FILE PHOTO: Visitors stand in front of a display screen at Microsoft’s new Oxford Circus store ahead of its opening in London, Britain July 9, 2019. REUTERS/Simon Dawson
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