Warren Buffett's (BRK.A) PacifiCorp utility has agreed to pay $178 million to resolve claims by 403 plaintiffs arising from two Oregon wildfires in 2020. The settlement covers victims of the Beachie Creek...
E*Trade (MS) is considering banning Keith Gill, also known as "Roaring Kitty," from its platform due to concerns about potential stock manipulation related to his recent purchases of GameStop (GME) options....
Steven Mnuchin, former Treasury Secretary under President Donald Trump, is leveraging his high-profile connections and a war chest of foreign money to chase some of the most ambitious deals in the financial...
Bill Ackman’s Pershing Square has sold a 10% stake for $1.05 billion ahead of a planned initial public offering. The deal values the company at over $10 billion. Investors include Arch Capital Group,...
Microsoft (MSFT) is cutting hundreds of employees from its Azure cloud business, according to people familiar with the situation. The layoffs impacted teams including Azure for Operators and Mission Engineering,...
JPMorgan (JPM) Chase's global head of payments, Takis Georgakopoulos, is departing the firm to pursue other opportunities. Georgakopoulos, credited with expanding JPMorgan's payments business, will be...
The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.35%. Stocks on Monday...
Tesla (TSLA) on Monday defended a proposal to ratify CEO Elon Musk's $56 billion pay package, arguing that a new compensation plan would be costlier, just days after a top proxy advisory firm recommended...
A glitch at the New York Stock Exchange (NYSE) triggered massive swings in the shares of Berkshire Hathaway (BRK.A) and Barrick Gold (GOLD), causing trading halts in dozens of other companies on Monday...
GitLab's (NASDAQ:GTLB) Q1 Sales Beat Estimates