Business

JetBlue, Spirit urge US appeals court to allow merger to go forward

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JetBlue, Spirit urge US appeals court to allow merger to go forward

Stock Focus Report February 26, 2024

By Nate Raymond BOSTON (Reuters) -JetBlue Airways and Spirit Airlines on Monday urged a U.S. appeals court...

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Exclusive-Broadcom nears $3.8 billion sale of remote access unit to KKR

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Exclusive-Broadcom nears $3.8 billion sale of remote access unit to KKR

Stock Focus Report February 24, 2024

By Milana Vinn (Reuters) -Chipmaker Broadcom is nearing a $3.8 billion deal to sell its business that...

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Warren Buffett says Berkshire ‘built to last’ though eye-popping gains are over

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Warren Buffett says Berkshire ‘built to last’ though eye-popping gains are over

Stock Focus Report February 24, 2024

By Jonathan Stempel (Reuters) – Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire...

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Warren Buffett mourns passing of Berkshire ‘architect’ Charlie Munger

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Warren Buffett mourns passing of Berkshire ‘architect’ Charlie Munger

Stock Focus Report February 24, 2024

By Jonathan Stempel (Reuters) – Warren Buffett left no doubt: He misses Charlie Munger, and so will...

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Berkshire paid $2.6 billion for Haslam family’s remaining 20% Pilot stake

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Berkshire paid $2.6 billion for Haslam family’s remaining 20% Pilot stake

Stock Focus Report February 24, 2024

By Jonathan Stempel NEW YORK (Reuters) – Berkshire Hathaway, the conglomerate led by billionaire Warren Buffett, paid...

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Ford halts shipments of new F-150 Lightning EVs

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Ford halts shipments of new F-150 Lightning EVs

Stock Focus Report February 24, 2024

By David Shepardson (Reuters) -Ford Motor said on Friday it had halted shipments of all 2024 model...

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Analysis-Prices for new US drugs rose 35% in 2023, more than the previous year

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Analysis-Prices for new US drugs rose 35% in 2023, more than the previous year

Stock Focus Report February 23, 2024

By Deena Beasley (Reuters) – Pharmaceutical companies last year launched new U.S. drugs at prices 35% higher...

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Soaring US stocks could take cues from Fed as earnings wind down

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Soaring US stocks could take cues from Fed as earnings wind down

Stock Focus Report February 23, 2024

By Lewis Krauskopf NEW YORK (Reuters) – Strong corporate results have helped fuel the S&P 500’s climb...

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JPMorgan CEO Dimon sells about $150 million of his shares, SEC filing says

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JPMorgan CEO Dimon sells about $150 million of his shares, SEC filing says

Stock Focus Report February 23, 2024

(Reuters) -JPMorgan Chase CEO Jamie Dimon has sold about $150 million of his shares in the bank,...

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Carvana shares ride higher after first annual profit

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Carvana shares ride higher after first annual profit

Stock Focus Report February 23, 2024

(Reuters) -Shares of Carvana surged nearly 40% on Friday after the used-car retailer posted its first annual...

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