Paramount to sell Simon & Schuster to KKR for $1.62 billion; media giant’s earnings top estimates
The publishing offices of Simon and Schuster in New York.Amy T. Zielinski | Newscast | Universal Images Group | Getty ...
Tag: billion
SoftBank reports surprise loss in first quarter but Vision Fund books $1 billion investment gain
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp.Kiyoshi Ota | Bloomberg | Getty ImagesSoftBank reported a surprise ...
Buffett’s Berkshire posts record operating profit, $35.9 billion of net income
Berkshire Hathaway on Saturday posted its highest ever quarterly operating profit, while gains from stock holdings helped the conglomerate led ...
Berkshire Hathaway’s operating earnings rise nearly 7%, cash pile approaches $150 billion
Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBCBerkshire ...
Amazon’s online advertising unit just brought in over $10 billion in the second quarter
Alain Jocard | AFP | Getty ImagesAmazon's online advertising business is getting bigger as the slumping digital ad market shows ...
HSBC net profit more than doubles in the first half, announces $2 billion share buyback
HSBC's net profit more than doubled to $18.1 billion in the six months ended June, a sharp spike compared to ...
SEC sues entrepreneur, alleging $1 billion in unregistered crypto sales and multimillion-dollar fraud
SEC Chairman Gary Gensler participates in a meeting of the Financial Stability Oversight Council at the U.S. Treasury on July ...
Regulators unveil sweeping changes to capital rules for banks with $100 billion or more in assets
Michael Barr (L), Vice Chair for Supervision at the Federal Reserve and Martin Gruenberg, Chair of the Federal Deposit Insurance ...
Meta’s Reality Labs has now lost more than $21 billion since the beginning of last year
Meta reported second-quarter earnings on Wednesday and said that its Reality Labs unit, which develops virtual reality and augmented reality ...
Wells Fargo announces $30 billion buyback, shares rise
Wells Fargo building in San Francisco.Source: CNBCWells Fargo shares popped Tuesday after the bank said it would buy back $30 ...
