By Zaheer Kachwala (Reuters) -Salesforce raised its annual profit forecast and its third-quarter results beat Wall Street targets on Wednesday, benefiting from a strong demand for its cloud and business products in an uncertain economy. Its shares rose 7% after the bell as it also forecast fourth-quarter revenue and profit above expectations, raising optimism that […]
Reuters | November 29, 2023
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway has accused billionaire Jimmy Haslam of promising secret payments to staff that would inflate the price Berkshire would have to pay for the Haslam family’s 20% stake in truck stop operator Pilot Travel Centers. Berkshire made the accusation in partially redacted filings made public on Tuesday […]
Reuters | November 29, 2023
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) – MSCI’s global stock index advanced on Tuesday while the dollar fell as a Federal Reserve official signaled that the U.S. central bank was done raising rates and could even consider rate cuts if inflation keeps easing. The U.S. dollar index hit a 3-1/2 month low […]
Reuters | November 28, 2023
By Chris Prentice and Naomi Rovnick NEW YORK/LONDON (Reuters) -Major Wall Street indexes notched weekly gains on Friday, as global equities drifted toward their biggest one-month rally since November 2020 during a shortened, muted trading session following the U.S. Thanksgiving holiday. Oil futures traded steady ahead of next week’s OPEC+ meeting, which could bring some […]
Reuters | November 24, 2023
By Jeffrey Dastin and Aditya Soni SAN FRANCISCO (Reuters) -Sam Altman is returning as CEO of OpenAI just days after his ouster, capping frenzied discussions about the future of the startup at the center of an artificial intelligence boom. The ChatGPT maker also unveiled a new initial board with former Salesforce co-CEO Bret Taylor as […]
Reuters | November 22, 2023
September 15, 2022