News of New York

Berkshire Hathaway tells investors growth is back on track
9 August 2021
3643
Berkshire Hathaway's earnings Revenues at Warren Buffett's investment company, are up 22%, thanks to a rebound in growth at its subsidiaries in freight rail, energy and car sales. Berkshire Hathaway (BRK.A, BRK.B), the...
Apple may engage Chinese companies CATL and BYD to help build the Apple Car
10 June 2021
3789
Negotiations to supply batteries Apple is in talks with CATL and BYD to supply batteries for its future electric cars, according to media reports. The main obstacle may be Apple's requirement that the batteries for the Apple Car be manufactured in t...
Warren Buffett anoints his likely Berkshire Hathaway successor
4 May 2021
4799
Buffett's successor The head of investment fund Berkshire Hathaway, 90-year-old billionaire Warren Buffett has named its vice-president Greg Abel as his successor at the head of the company. CNBC reported this...
Citigroup, JPMorgan and Wells Fargo reported Q4 results
19 January 2021
3404
Shares of financial companies Major US banks JPMorgan Chase (JPM), Citigroup (C) and Wells Fargo (WFC) reported their fourth quarter 2020 results. Shares in all three banks declined on Friday amid a general market decline following a pessimistic gov...
What will affect the markets?
8 November 2020
3396
Technological and growth shares received a dose of adrenalin as the prospect of a split Congress next year put an end to reflective trading The Dow Jones and NASDAQ Composite indices rose by more than 400 points each. A split Congress means that Dem...
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