By Arasu Kannagi Basil (Reuters) – Berkshire Hathaway has offloaded Bank of America shares worth more than a combined $6…
Rite Aid to operate as private company as it emerges from Chapter 11 bankruptcy
(Reuters) -Rite Aid will operate as a private company as it has successfully completed its financial restructuring and emerged from…
GM delays additional $330 million investment in Thacker Pass, Lithium Americas says
(Reuters) – Lithium Americas said on Friday automaker General Motors has delayed the second tranche of investment, worth $330 million,…
Lockheed-Raytheon JV secures $1.3 billion Javelin missile contract from U.S. Army
(Reuters) – A joint venture between Lockheed Martin and RTX’s Raytheon was awarded a $1.3 billion follow-on contract by the…
Intel rises as report of chipmaker exploring options stokes investor enthusiasm
(Reuters) – Intel’s shares rose more than 3% before the bell on Friday, as a report of the struggling chipmaker…
CrowdStrike exec to testify before Congress on IT outage
(Reuters) – A senior executive at CrowdStrike will testify before a U.S House of Representatives subcommittee on Sept. 24 on…
Gap posts higher second-quarter sales on steady demand
(Reuters) -Apparel retailer Gap on Thursday posted a 5% jump in its second-quarter sales on robust demand for its Old…
Salesforce gains as software firm bets on AI tools to power growth
(Reuters) – Shares of Salesforce gained more than 5% on Thursday as investors cheered the customer relationship management software maker’s…
Amazon workers to join Teamsters’ strikes against unfair labor practices in US
(Reuters) – The Teamsters said on Thursday its strikes against unfair labor practices were expanding, with Amazon.com workers across several…
Meta to shut augmented reality studio used by third-party creators
(Reuters) – Meta Platforms will shut down the augmented reality studio that third-party creators used for making custom Instagram and…