!“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
A strong earnings report reveals that new CEO Greg Abel dipped into Warren Buffett’s $380 billion cash reserve to buy back stock, boost Berkshire’s stake in Alphabet, and pursue one of its biggest acquisitions in years. One weak spot: GEICO.
United CEO expects gradual fare increases in 2027 as demand stays strong
Western Union is sharpening its focus on digital and artificial intelligence as it faces unexpected headwinds, executives said Thursday (July 30). The company did not see the improvement in its Americas retail business that it expected in the second quarter, and a delay in its planned acquisition of Intermex pushed out the anticipated synergies from…
Abib Bocresion NatWest has promoted Abib Bocresion to group chief risk officer (CRO). Bocresion joined the UK bank in April last year as CRO for NatWest Markets, the group’s investment banking arm. Bocresion’s appointment caps an unsettled period for the top risk manager role at NatWest, the UK’s fifth-largest lender by capital. The bank has…
July ICE NY cocoa (CCN26) today is down -35 (-0.89%), and July ICE London cocoa #7 (CAN26) closed down -11 (-0.37%). Today’s sell-off added to last Friday’s -4.29% sell-off in NY cocoa and -3.63% sell-off in London cocoa. Cocoa prices have fallen sharply due to rising inventories. ICE cocoa inventories rose to a 1.75-year high…
(RTTNews) – Johnson & Johnson (JNJ) on Monday announced that it has reached an agreement to resolve the remaining talc litigation with the plaintiff firms leading the federal Multi-District Litigation (MDL) and related state court proceedings. The resolution includes a $5.5 billion commitment to settle the remaining ovarian cancer claims and making the first payment…