Warren Buffett donated more than $750 million in Berkshire Hathaway stock to four foundations associated with his family on Thanksgiving eve, and the legendary investor said the timing was no coincidence as this is his way of giving thanks to his children for their charitable work. “I’ve got a personal pride in how my kids turned out,”

In this article MANU LU AAPL Follow your favorite stocksCREATE FREE ACCOUNT Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard logo in this illustration taken January 18, 2022. Dado Ruvic | Reuters Check out the companies making headlines in midday trading Friday. Apple — Apple’s stock shed 2% on Friday after

Covid restrictions have tightened in Beijing while infections keep soaring, prompting lockdowns of communities. Jade Gao | Afp | Getty Images BEIJING — China’s capital city is grinding to a near standstill as Covid controls spread. More and more apartment compounds in Beijing on Friday forbade residents from leaving for at least a few days.

Binance’s Co-founder & CEO Changpeng Zhao has given several interviews discussing the outlook for cryptocurrency following a turbulent couple of weeks in the market. NurPhoto / Contributor / Getty Images Cryptocurrency exchange Binance on Thursday announced new details about its industry recovery fund, which aims to prop up struggling players in the wake of FTX’s

Wefox CEO Julian Teicke. Wefox HELSINKI, Finland — The boss of European digital insurance startup Wefox offered a damning response to tech companies that have laid off workers en masse. The likes of Meta, Amazon and Twitter have laid off tens of thousands of employees in response to pressure from investors, who want to see them cut

Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty Images HELSINKI, Finland — Klarna will become profitable again by next year after making deep cuts to its workforce, CEO Sebastian Siemiatkowski told CNBC. Klarna lost more than $580 million in the

In this article CSG.N-CH DE MANU JWN C Follow your favorite stocksCREATE FREE ACCOUNT Bloomberg Check out the companies making headlines in midday trading Wednesday: Citigroup — The stock dropped 2.2% after Citigroup was told it must address weaknesses in its management of financial data by U.S. banking regulators. Those regulatory groups said the issues

Federal Reserve officials earlier this month agreed that smaller interest rate increases should happen soon as they evaluate the impact policy is having on the economy, meeting minutes released Wednesday indicated. Reflecting statements that multiple officials have made over the past several weeks, the meeting summary pointed to small rate hikes coming. Markets widely expect

Switzerland’s second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva. Fabrice Coffrini | AFP | Getty Images Credit Suisse on Wednesday projected a 1.5 billion Swiss franc ($1.6 billion) fourth-quarter loss as it undertakes a massive strategic overhaul. The embattled lender last month announced a raft of measures

In this article FTT.CM= Follow your favorite stocksCREATE FREE ACCOUNT A major exchange executive says he detected red flags months before the historic FTX collapse. CME Group chairman and CEO Terry Duffy said he suspected corruption at the cryptocurrency exchange the day of his first one-on-one meeting with founder Sam Bankman-Fried. “I told my team

In this article ANF DKS BBY TOL URBN AMD A Follow your favorite stocksCREATE FREE ACCOUNT A pedestrian stands outside of the Abercrombie & Fitch store on Fifth Avenue in New York City. Craig Warga | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Abercrombie & Fitch – Shares of

China’s housing prices fell in October due primarily to falling prices in less developed, so-called Tier-3 cities, according to Goldman Sachs analysis of official data. Future Publishing | Future Publishing | Getty Images BEIJING — China’s real estate sector isn’t yet poised for a quick recovery, despite a rally this month in stocks of major

In this article DELL A ZM URBN Follow your favorite stocksCREATE FREE ACCOUNT Detail of a home office setup on a kitchen worktop, including a laptop computer with Zoom video conferencing software, taken on September 9, 2020. Phil Barker | Future Publishing | Getty Images Check out the companies making headlines in after-hours trading. Zoom

In this article OXY FANG COIN CVNA RH DIS Follow your favorite stocksCREATE FREE ACCOUNT A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California. Bloomberg | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Disney — Shares jumped 5% after

This restaurant, along with many others in Beijing’s business district of Chaoyang, had to suspend dine-in services over the weekend as Covid infections soared. Jade Gao | Afp | Getty Images BEIJING — Three people died over the weekend after contracting Covid, the first deaths from the virus that mainland China has recorded since May,

Doug Leone, managing partner at Sequoia Capital LLC, speaks during the Bridge Forum conference in San Francisco, California, U.S., on Wednesday, April 17, 2019. The event brings together leaders in finance and technology from Asia and Silicon Valley to connect and share insights. David Paul Morris | Bloomberg | Getty Images HELSINKI, Finland — Billionaire

In this article PANW DKNG GPS FANG COIN WSM RENT Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians pass in front of a GAP store in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Ross Stores — Ross Stores jumped 10% after a quarterly beat on earnings and revenue.

Boston Federal Reserve President Susan Collins expressed confidence Friday that policymakers can tame inflation without doing too much damage to employment. “By raising rates, we are aiming to slow the economy and bring labor demand into better balance with supply,” Collins said in prepared remarks for a Boston Fed conference on the labor market. “The

In this article WSM GPS 9618-HK FL Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Foot Locker (FL) – Foot Locker shares soared 14% in the premarket after beating top and bottom line estimates for its latest quarter. The apparel and footwear retailer also raised its full-year forecast

Prime Minister Rishi Sunak (C), alongside the Chancellor of the Exchequer, Jeremy Hunt, (centre right) holds his first Cabinet meeting on October 26, 2022 in London, England. WPA Pool | Getty Images LONDON — As the U.K. government announces a £55 billion ($65.5 billion) program of tax hikes and spending cuts, the country faces its

In this article XRP.CM= Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration of the ripple cryptocurrency ‘altcoin’ sits arranged for a photograph on April 25, 2018 in London, England.  Jack Taylor | Getty Images News | Getty Images U.S.-based crypto company Ripple no longer derives most of its income from America and is

Alibaba broke tradition by not releasing total sales for its Singles’ Day shopping festival this year. Pictured here are advertisements for the festival in a Shanghai subway station on Nov. 10, 2022. Bloomberg | Bloomberg | Getty Images BEIJING — China’s Covid controls disrupted Alibaba‘s ability to deliver packages, the company said, dragging down the

In this article V Follow your favorite stocksCREATE FREE ACCOUNT Visa named Ryan McInerney as its next chief executive on Thursday, replacing Alfred Kelly who will step down from the role, effective Feb. 1, 2023. McInerney has been president at Visa since 2013, overseeing the firm’s financial institutions, acquirers, merchants and partners. The 47-year-old previously

In this article AMAT KEYS STNE ROST GPS LYV PANW Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk past a Gap Inc. store in Shanghai, China. Qilai Shen | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Gap – The retailer popped 10% after beating Wall Street’s estimates for revenue.

In this article TGT NCLH BBWI KSS M COOK BJ BABA DGX Follow your favorite stocksCREATE FREE ACCOUNT Bath & and Body Works entrance. Jeff Greenberg | Getty Images Check out the companies making headlines in midday trading. Bath & Body Works – Bath & Body Works’ stock surged 25.2% after reporting per-share earnings that

Liberty Media Chairman John Malone told CNBC he’s doubtful that adding commercials to long-form streaming content would help media companies be successful in the long run. “I’m a little skeptical as to how many people do save a few bucks or are going to be willing to tolerate ads in what I would call long-form entertainment programming,” Malone

In this article NVDA SONO BBWI CSCO Follow your favorite stocksCREATE FREE ACCOUNT A runner jogs past Cisco Systems headquarters in San Jose, California, U.S., on Monday, Feb. 8, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in after-hour trading. Cisco – Shares jumped 4.8% after the maker

In this article TGT QSR ORLY ALC LOW Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians pass by a Target store in the Tenleytown neighborhood of Washington, DC, on August 17, 2022. Mandel Ngan | AFP | Getty Images Check out the companies making headlines in midday trading. Target – Shares of the big box retailer

In this article AAP CCL LOW TGT Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Target (TGT) – Target plunged 13.5% in the premarket after missing consensus estimates by 59 cents with quarterly earnings of $1.54 per share. The retailer expects a drop in holiday season sales and

In an aerial view, the Carnival Miracle cruise ship operated by Carnival Cruise Lines sits docked at Pier 27 on September 30, 2022 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines after the bell:  Carnival — Shares of the cruise line plummeted more than 13% in extended trading