Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
United Airlines loses $1.6 billion in the second…
A United Airlines Boeing 777-200 aircraftNicolas Economou | NurPhoto | Getty ImagesUnited Airlines posted a $ 1.63 billion net loss for the second quarter, driven by a plunge in air travel demand because of the coronavirus…
Jeff Bezos adds record $13 billion in single…
By Jack PitcherJeff Bezos added $ 13 billion to his net worth on Monday, the largest single-day jump for an individual since the Bloomberg Billionaires Index was created in 2012. Amazon.com Inc. shares surged 7.9%,…
Warren Buffett reaps $40 billion from giant Apple…
Warren Buffett.Gerald Miller | CNBCAn off-brand move to pile into Apple shares might have been Warren Buffett's greatest trade ever. Berkshire Hathaway's Apple stake — which is now 40% of its equity portfolio — is up a whopping…
Dividend payments plunge by $42.5 billion in worst…
A pedestrian passes by the New York Stock Exchange, NYSE, in New York on March 17, 2020. (Photo by Michael Nagle/Xinhua via Getty) (Xinhua/Michael Nagle via Getty Images)Xinhua News AgencyCompanies struggling to get through the…
China’s biggest chipmaker is up over 200% this…
Semiconductor supplies to Huawei have been targeted by Washington as part of the broader U.S.-China trade war.Fuse | Getty ImagesSMIC, China's biggest chipmaker, kicked off a major 46.28 billion yuan ($ 6.6 billion) share sale…
Warren Buffett’s Berkshire buys Dominion Energy natural gas…
Warren Buffett's Berkshire Hathaway is finally pulling the trigger. The conglomerate is spending $ 4 billion to buy the natural gas transmission and storage assets of Dominion Energy. Including the assumption of debt, the deal…
Bill Ackman’s new blank check company may be…
Bill Ackman, founder and CEO of Pershing Square Capital Management.Adam Jeffery | CNBC Billionaire investor Bill Ackman, who made a killing this year by nailing the market bottom, on Monday disclosed plans for an initial public…
Wirecard shares crash again after payments firm says…
The lettering of the payment service provider Wirecard can be seen on a laptop screenSilas Stein | picture alliance | Getty ImagesWirecard shares are once again in free fall on Monday after the German payments…