Berkshire Hathaway Profit Swells To Record, Extends Buybacks
Warren Buffett's Berkshire Hathaway Inc on Saturday said fourth-quarter profit swelled, boosted by gains in many of its businesses and common stock investments such as Apple Inc, and said annual earnings reached a record high.
Buffett's Berkshire Posts Record Annual Profit, Extends But Slows Buybacks
Warren Buffett's Berkshire Hathaway Inc on Saturday said fourth-quarter profit swelled, boosted by gains in many of its businesses and common stock investments such as Apple Inc, and said annual earnings reached a record high.
Ghislaine Maxwell Judge To Question Juror Who Did Not Reveal Sexual Abuse
A U.S. judge on Thursday said she will question a juror in Ghislaine Maxwell's sex trafficking case to determine whether his failure to disclose having been sexually abused as a child tainted the British socialite's conviction.
Ghislaine Maxwell Juror To Be Questioned By Judge, New Trial Denied
A U.S. judge on Thursday will question a juror in Ghislaine Maxwell's sex trafficking case who failed to disclose having been sexually abused as a child.
Chinese Ex-diplomat's Forced Labor Conviction Overturned By U.S. Appeals Court
A U.S. appeals court on Wednesday overturned the conviction of a former Chinese diplomat and head of U.S.
Judge Signals Trump May Be Unable To Countersue Jean Carroll In Defamation Case
A U.S. judge signaled on Tuesday he may not let Donald Trump countersue E.
U.S. Lawsuit Claims L'Oreal Makes Up Products To Appear Being From France
A new U.S. lawsuit filed on Friday accuses L'Oreal SA of causing American shoppers to overpay for its beauty products by misleading them into thinking they are actually made in France.
Elon Musk, Tesla Attack SEC For 'Unrelenting' Harassment
Tesla Inc and its Chief Executive Elon Musk on Thursday accused the U.S.
Jared Kushner Ally Pardoned By Trump Pleads Guilty To Attempting To Spy On Ex-wife
Ken Kurson, a former editor of the New York Observer newspaper who was pardoned in January 2021 by then-U.S.
Judge Tosses Most Of Lawsuit By Mariah Carey's Brother Over Singer's Memoir
A New York judge dismissed most of a defamation lawsuit by Mariah Carey's older brother over her 2020 best-selling memoir, though the singer must still face two claims.
Meta's Facebook To Pay $90 Million To Settle Privacy Lawsuit Over User Tracking
Facebook agreed to pay $90 million to settle a decade-old privacy lawsuit accusing it of tracking users' internet activity even after they logged out of the social media website.
Noom Diet App Reaches $62 Million Settlement Over Automatic Subscription Renewals
Noom Inc reached a $62 million settlement of a lawsuit accusing the weight loss app provider of tricking customers into signing up for "risk-free" trial periods only to force them into automatic, costly renewals that were difficult to cancel.
New York Times Is Free To Publish Project Veritas Documents, Appeals Court Rules
A New York state appeals court freed the New York Times to publish documents concerning the conservative activist group Project Veritas, putting on hold a lower court ruling that alarmed First Amendment advocates.In an order made public on Thursday, the Appellate Division in Brooklyn stayed a December ruling that blocked the Times from publishing memoranda from an in-house Project Veritas lawyer, and required the newspaper to turn over or destroy the memos.
Tesla's Musk Mocks SEC As Judge Demands They Justify Fraud Settlement
Tesla Inc's Elon Musk on Thursday mocked the U.S. Securities and Exchange Commission, just hours after a federal judge ordered him and the regulator to justify their securities fraud settlement, which let Musk remain chief executive.
US Regulator Sues Musk For Fraud, Seeks To Remove Him From Tesla
The U.S. Securities and Exchange Commission accused Tesla Inc Chief Executive Elon Musk on Thursday of fraud and sought to remove him from his role in charge of the electric car company, saying he made a series of "false and misleading" tweets about potentially taking Tesla private last month.
No Class Action For Unhappy Uber Drivers: US Appeals Court
In a 3-0 decision, the 9th U.S. Circuit Court of Appeals in San Francisco reversed a lower court judge's denial of Uber's motion to compel arbitration in three lawsuits.
Buffett Says Berkshire Buying Own Stock, More Apple - Then Dines On $3M Steak
The Oracle of Omaha believes the iPhone is "enormously underpriced" even when it costs $1,000, given how indispensable it has become for so many people.
Lawsuits Accuse Tesla's Musk Of Fraud Over Tweets, Going-Private Proposal
Tesla Inc and Chief Executive Elon Musk were sued twice on Friday by investors who said they fraudulently engineered a scheme to squeeze short-sellers, including through Musk’s proposal to take the electric car company private.
US Says New York Congressman Collins Indicted For Insider Trading
U.S. prosecutors on Wednesday said Christopher Collins, a Republican congressman from upstate New York, has been indicted for insider trading related to a drug trial at an Australian biotechnology company on whose board he served.
Berkshire Shares Surge As US Economy Fuels Broad-Based Strength
Shares of Warren Buffett’s Berkshire Hathaway Inc. surged on Monday to their highest level since March after the conglomerate reported strong second-quarter results in several major business lines.
Warren Buffett's Berkshire Hathaway Profit Surges As Insurance, Other Businesses Gain
Berkshire Hathaway Inc., the conglomerate run by billionaire Warren Buffett, on Saturday reported a 67 percent increase in quarterly operating profit, as insurance underwriting rebounded and several businesses benefited from a growing economy and improving demand.
States Sue US To Void State And Local Tax Deduction Cap
Four U.S. states sued the federal government on Tuesday to void the new $10,000 cap on federal deductions for state and local taxes included in President Donald Trump’s 2017 tax overhaul.
Fujifilm Sues Xerox Over Aborted Merger, Seeks More Than $1 Billion
Fujifilm Holdings Corp sued Xerox Corp on Monday for well over $1 billion plus punitive damages, accusing it of succumbing to pressure from activist investors Carl Icahn and Darwin Deason in abandoning a proposed $6.1 billion merger.
New York's Top Court Narrows Martin Act In $11 Billion Credit Suisse Case
New York State’s highest court on Tuesday narrowed the reach of a powerful law used by the state’s attorney general to fight financial fraud, handing a partial victory to Credit Suisse Group AG in an $11 billion lawsuit over defective mortgage securities.