Business

Morning Bid: Apocalypse later

Friday, September 18 by SRN News

By Anna Szymanski Sept 18 (Reuters) - Warnings of machine-driven human extinction kicked off the week, but the market's attention quickly turned to more prosaic matters, namely Middle East energy disruption and the first Federal Reserve rate hike in three years. Amid growing reports of... Read More.

Warren Buffett steps down as Berkshire chair, becomes chairman emeritus

Friday, September 18 by SRN News

Sept 18 (Reuters) - Berkshire Hathaway said on Friday that Warren Buffett will step down as the conglomerate's chairman and will become its chairman emeritus, effective immediately. Earlier this year, Buffett had stepped down as CEO, handing the reins to longtime lieutenant Greg Abel. "Father Time... Read More.

Warren Buffett steps down as Berkshire Hathaway chairman, a post he has held since 1970

Friday, September 18 by SRN News

Warren Buffett is stepping down as chairman of Berkshire Hathaway after serving in the role for more than 50 years. Buffett, 96, will become chairman emeritus and will take on his new role immediately, the company said Friday. His son, Howard, will become Berkshire Hathaway's... Read More.

Nasdaq futures lead Wall St gains as oil retreat eases inflation worries

Friday, September 18 by SRN News

Sept 18 (Reuters) - Futures tracking the Nasdaq 100 led Wall Street higher on Friday, putting the tech-heavy index on course for weekly gains as a drop in oil prices tempered inflation concerns. The moves will round out a busy week for investors, who digested... Read More.

Analysis-Jet financiers fret as Iran war pumps up fuel and borrowing costs

Friday, September 18 by SRN News

By Tim Hepher COPENHAGEN, Sept 18 (Reuters) - Soaring fuel and borrowing costs have overtaken aircraft shortages as the biggest concern for jet financiers, delegates at a major industry meeting said this week, signalling a shift in sentiment after years of supply-driven disruption. Recent market turmoil... Read More.

Investors buy US stocks at fastest pace in three months, BofA says

Friday, September 18 by SRN News

LONDON, Sept 18 (Reuters) - Investors poured money into US stocks at the fastest pace in three months and yanked cash from corporate bonds in the latest week, according to a Bank of America Global Research report on Friday. This week has seen the world's... Read More.

Jon Stewart explains his ongoing philanthropic support of first responders

Friday, September 18 by SRN News

Jon Stewart says he never really decided to focus his charity efforts on first responders and their families. It just happened. The award-winning host of "The Daily Show" said he wanted to feel useful and support people who dedicated their lives to helping others. "These aren't... Read More.

EU chief floats ‘associate membership’ for Canada. But that doesn’t exist yet

Friday, September 18 by SRN News

BRUSSELS (AP) - By opening the door this week for Canada to become the first "associate member" of the European Union, European Commission President Ursula von der Leyen offered Prime Minister Mark Carney hope, but also an illusion. There are many ways to take steps... Read More.

Factbox-Texas power plant, nuclear projects under discussion in South Korea’s US investment package

Friday, September 18 by SRN News

By Joyce Lee Sept 18 (Reuters) - South Korea and the United States are finalising the implementation of Seoul's pledged $350 billion investment package under a trade deal struck last year that lowered US tariffs on South Korean goods to 15%. Out of the $350... Read More.

Exclusive-China Rare Earth Group in talks to buy MP Materials shareholder Shenghe Resources, sources say

Friday, September 18 by SRN News

Sept 18 (Reuters) - State-owned China Rare Earth Group is in talks to acquire Shenghe Resources, said two sources with knowledge of the matter, a move that would consolidate Beijing's control over the sector and give the firm a stake in one of Washington's... Read More.

Current Weather

Morning Bid: Apocalypse later

Warren Buffett steps down as Berkshire chair, becomes chairman emeritus

Warren Buffett steps down as Berkshire Hathaway chairman, a post he has held since 1970

Nasdaq futures lead Wall St gains as oil retreat eases inflation worries

Analysis-Jet financiers fret as Iran war pumps up fuel and borrowing costs

Investors buy US stocks at fastest pace in three months, BofA says

Jon Stewart explains his ongoing philanthropic support of first responders

EU chief floats ‘associate membership’ for Canada. But that doesn’t exist yet

Factbox-Texas power plant, nuclear projects under discussion in South Korea’s US investment package

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