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Month: June 2024

Business

Berkshire buys additional 2.57 million shares in Occidental Petroleum, filing shows

June 8, 2024January 28, 2025

(Reuters) – Warren Buffett’s Berkshire Hathaway bought around 2.57 million shares of common stock in Occidental Petroleum over June 5-7, according to a U.S. securities

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Uncategorized

Norway wealth fund to vote against Musk’s $56 billion Tesla pay package

June 8, 2024January 28, 2025

By Louise Rasmussen and Gwladys Fouche OSLO (Reuters) -Norway’s $1.7 trillion sovereign wealth fund said on Saturday it will vote against ratifying Tesla CEO Elon

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Business

Saudi Arabia set to raise $11.2 billion selling Aramco shares at lower end of expectations

June 7, 2024January 28, 2025

By Maha El Dahan, Hadeel Al Sayegh and Yousef Saba DUBAI (Reuters) -Saudi Arabia is poised to raise more than $11.2 billion selling shares in

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Uncategorized

Tesla objects to $5.6 billion payout for lawyers who voided Musk’s pay

June 7, 2024January 28, 2025

By Tom Hals WILMINGTON, Delaware (Reuters) – The legal team that voided Elon Musk’s record Tesla pay package deserves a tiny fraction of the $5.6

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US job gains surge past expectations, wage growth quickens

June 7, 2024January 28, 2025

By Lindsay Dunsmuir (Reuters) -The U.S. economy created far more jobs than expected in May and annual wage growth reaccelerated, underscoring the resilience of the

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Domestic

Biden aide raises possible increased deployments of U.S. strategic nuclear weapons

June 7, 2024January 28, 2025

By Jonathan Landay WASHINGTON (Reuters) -The United States may reach a point in coming years where it will have to increase deployments of strategic nuclear

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Business

Robinhood bets big on crypto with $200 million deal for Bitstamp

June 6, 2024January 28, 2025

By Manya Saini (Reuters) -Trading platform Robinhood Markets said on Thursday it has agreed to buy crypto exchange Bitstamp for about $200 million in cash,

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Business

Lyft forecasts 15% annual growth in gross bookings through 2027

June 6, 2024January 28, 2025

By Yuvraj Malik (Reuters) – Lyft is targeting 15% annual growth in gross bookings through 2027, the ride-hailing firm said at its inaugural investor day,

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Business

$1.3 billion UK lawsuit accuses Amazon of misusing small sellers’ data

June 6, 2024January 28, 2025

LONDON (Reuters) – Amazon is facing a one billion-pound ($1.3 billion) collective lawsuit from British retailers who allege that the online marketplace misused their data

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Uncategorized

World stocks at record high after cautious ECB rate cut

June 6, 2024January 28, 2025

By Marc Jones and Koh Gui Qing NEW YORK/LONDON (Reuters) -World stocks hit an all-time high and the euro rose on Thursday after the European

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