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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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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FILE PHOTO: Volkswagen cars are parked outside a VW dealership in London, Britain November 5, 2015.REUTERS/Suzanne Plunkett FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) lowered its full-year sales outlook on Wednesday, warning of slowing demand even as nine-month adjusted operating profit jumped 11.2% on increased demand for SUVs as well as Skoda and Porsche cars. The German
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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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LONDON (Reuters) – Oil prices rose on Monday on hopes for a Sino-American trade deal but gains were capped by weak Chinese industrial data. FILE PHOTO: An oil pump is seen just after sunset outside Saint-Fiacre, near Paris, France September 17, 2019. REUTERS/Christian Hartmann Brent crude was up 26 cents, or 0.4%, at $62.28 a
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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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