Text size Digital candles increased 276% in the quarter, while sales in the same store rose 26.5%. Matthew Staver / Bloomberg News Albertsons Cos. He released an optimistic first-quarter fiscal report on Monday, but his shares were falling because investors may have been waiting for more from the supermarket operator, …
Read More »Congress has over a million documents from Big Tech’s antitrust investigation, and they’re ready to criticize big-name CEOs
For more than a year, the federal government has surrounded Big Tech and its business practices. On Wednesday, members of the House of Representatives will unfold evidence their staff has found and put direct pressure on some of the world’s top executives. Four of the most prominent CEOs of technology: …
Read More »Schlumberger is cutting staff as virus hits revenue
Text size David McNew / Getty Images Oil services company Schlumberger is cutting 21,000 jobs after a disastrous quarter. Analysts are optimistic. Schlumberger’s (ticker: SLB) second-quarter results, released Friday morning, were grim at first glance: a 35% year-over-year revenue decline and a plan to cut a quarter from staff. But …
Read More »Berkshire Hathaway Inc. Cl A shares outperform the competition on a good trading day
Shares of Berkshire Hathaway Inc. Cl A BRK.A, + 0.75% It rose 0.75% higher to $ 291,621.00 on Friday, in what turned out to be a poor trading session for the stock market, with the S&P 500 Index SPX, -0.61% falling 0.62% to 3,215.63 and DIA Jones Industrial Average DJIA, …
Read More »Berkshire Hathaway Inc. Cl A shares outperform the competition on a good trading day
Shares of Berkshire Hathaway Inc. Cl A BRK.A, + 0.75% It rose 0.75% higher to $ 291,621.00 on Friday, in what turned out to be a poor trading session for the stock market, with the S&P 500 Index SPX, -0.61% falling 0.62% to 3,215.63 and DIA Jones Industrial Average DJIA, …
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