OMAHA, Neb. (Reuters) - Warren Buffett on Saturday signaled his commitment to Kraft Heinz Co and defended his actions toward Wells Fargo & Co, two of the largest investments at his Berkshire Hathaway Inc, despite mistakes at both that have caused many investors to sour on them. Buffett, 88, spoke before tens of thousands of…
Media playback is unsupported on your device Media captionRockets were seen in the sky above Ashkelon in Israel. Militants in the Gaza Strip have fired more than 150 rockets into Israel, the army says, prompting air strikes and tank fire on the Palestinian territory.Sirens went off as people rushed to shelters in southern Israel. Two…
Enlarge / Elon Musk in 2018. Strong investor appetite for Tesla's stocks and bonds has allowed the company to raise more money than it had original anticipated, Tesla disclosed in Friday financial filings. As we reported yesterday, the electric vehicle maker was planning to sell a mix of debt and equity worth at least $2…
NEW YORK (Reuters) - U.S. stocks rose in a broad-based rally on Friday as stronger-than-expected job growth in April coupled with muted wage gains left investors upbeat about the outlook for the economy and interest rates. The Nasdaq registered a record high close, while the S&P 500 ended just shy of a record high finish.…
Media playback is unsupported on your device Media captionCyclone Fani lashes India's eastern coast A powerful cyclone has slammed into India's eastern coastline, bringing torrential rains and winds of up to 200 km/h (125mph).Cyclone Fani, one of the most severe storms to hit the region in recent years, made landfall at 08:00 local time (02:30…
Enlarge / Russian President Vladimir Putin speaks on April 27, 2019, in Beijing. Russian President Vladimir Putin has signed a controversial "Internet sovereignty" bill that strengthens the government's control over the Russian Internet. Back in March, we reported on Putin signing two other bills that gave the Russian government the power to punish people for…
BRASILIA (Reuters) - Venezuelan opposition leader Juan Guaido’s attempt to oust Venezuela’s President Nicolas Maduro was not the best decision and likely premature, Brazil’s Vice President Hamilton Mourao told reporters on Thursday. FILE PHOTO: Brazil's Vice President Hamilton Mourao looks on near Brazil's President Jair Bolsonaro during an award ceremony for the Order of Military…
Image copyright Getty Images Image caption Pentagon officials commemorate Sexual Assault Awareness and Prevention Month in March 2015 The US military has reported a major spike in sexual assaults despite years of efforts to address the problem.Figures show 20,500 instances of unwanted sexual contact occurred in 2018, up from 14,900 in 2016 which is the…
Enlarge / The charred remains of Walter Huang's Tesla Model X. The family of deceased Model X customer Walter Huang has sued Tesla and the state of California in state court, the family's attorneys announced on Wednesday. "Mrs. Huang lost her husband, and two children lost their father because Tesla is beta testing its Autopilot…
WASHINGTON (Reuters) - Attorney General William Barr on Wednesday canceled plans to testify before the House of Representatives about his handling of Special Counsel Robert Mueller’s Russia investigation, further inflaming tensions between U.S. President Donald Trump and Democrats in Congress. Barr was due to face the Democratic-controlled House Judiciary Committee on Thursday, but pulled out…
