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Buffett has struggled in recent years to keep up with Berkshire’s ever-gushing cash flow.
ZURICH (Reuters) - Logitech's expanded share buyback will not hinder the tech company's ability to make big acquisitions, Chief Executive Bracken Darrell said on Thursday.
NEW YORK: Apple Inc on Wednesday posted sales and profits far ahead of Wall Street expectations as customers upgraded to 5G iPhones but warned that a global chip shortage would cost it billions in revenue in the current quarter, hitting Macs and iPads.
NEW YORK: The S&P 500 ended lower on Wednesday after the U.S. Federal Reserve held interest rates and its monthly bond-buying program steady and gave no sign it was ready to reduce its support for the recovery.
(Reuters) -Apple Inc on Wednesday posted sales and profits ahead of Wall Street expectations fueled by 5G iPhone upgrades but warned a global chip shortage could dent iPads and Mac sales by several billion dollars.
(Reuters) - In announcing a $50-billion share buyback on Tuesday, Google-owner Alphabet Inc confirmed a paradoxical dynamic: its core advertising business is so profitable, and so dominant, that it has few options for usefully deploying its cash.
Biden, a Democrat, devoted much of his first several weeks in office to passing a $1.9 trillion stimulus bill to limit the pandemic's economic fallout. The American Rescue Plan, passed over Republican opposition, delivered on the key economic promise Biden made on the campaign trail: checks for Americans.
(Corrects amount of 2019 buyback to $25 billion instead of $25 million, paragraph 10)
(Reuters) -Box Inc said on Thursday private equity giant KKR & Co Inc would lead a $500 million investment in the company and get a board seat, marking an end to the cloud services provider's strategic review.