Greg Abel’s message to Berkshire shareholders, post-Buffett: be patient
New CEO ‘not anxious to deploy capital into subpar opportunities’ as he picks up baton from legendary predecessor
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Exxon Mobil CEO sees ‘more to come’ on price spikes from Iran war as Exxon, Chevron beat on earnings despite plunging profits
Exxon and Chevron are maintaining a wait-and-see approach to Venezuela, but they’re taking diverging paths in the booming Permian Basin.
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EBay soars on report that GameStop is preparing a takeover bid
GameStop, led by e-commerce entrepreneur Ryan Cohen, has been building a position in the online auctioneer and plans to make an offer for the business this month.
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U.S. to withdraw 5,000 troops from Germany as Trump feuds with Merz over the Iran war
Merz said the U.S. was being “humiliated” by the Iranian leadership and criticized Washington’s lack of strategy in the war.
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Trump says a ‘final proposal’ for a taxpayer-funded takeover of Spirit Airlines is under consideration
“We’re looking at it. If we could do it, we’ll do it. But only if it’s a good deal.”
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US warns Europe of delays to arms shipments as Iran war drains stockpiles
Deferred deliveries could include those used in Ukraine’s defence against Russia