The death of Charlie Munger heralds the end of an era, leaving Warren Buffett as the conglomerate’s lone investing legend.
Read More After Munger’s death, Berkshire succession comes into focus
Category: Business
US economy grows 5.2% in third quarter; higher interest rates sapping momentum
The U.S. economy grew faster than initially thought in the third quarter, but momentum appears to have since waned.
Read More US economy grows 5.2% in third quarter; higher interest rates sapping momentum
Disney CEO Bob Iger says company is ready to start building
Walt Disney CEO Bob Iger told employees he faced a “myriad of challenges” upon returning to the company.
Read More Disney CEO Bob Iger says company is ready to start building
US Thanksgiving weekend sales hit record $38 bln on big discounts – report
Deep discounts during the Thanksgiving weekend enticed U.S. shoppers to splurge about $38 billion online.
Read More US Thanksgiving weekend sales hit record $38 bln on big discounts – report
US new home sales fall more than expected in October
Sales of new U.S. single-family homes fell more than expected in October, likely as higher mortgage rates reduced affordability.
Read More US new home sales fall more than expected in October
Broadcom Acquires VMware In $69B Deal After China Approval
The chipmaker company Broadcom has officially acquired VMware for $69 billion.
Read More Broadcom Acquires VMware In $69B Deal After China Approval