The first freight train of the Lancang-Mekong Express will depart Kunming, China on January 10, 2022, for the 26-hour journey to Vientiane, the capital of Laos. China News Service | China News Service | Getty Images BEIJING – Over the past two years, China has announced the opening of new freight trains, and cross-border railways…
People at the See’s Candies display at the Berkshire Hathaway Shopping Day event on May 5, 2023. David A. Grogan | CNBC Berkshire HathawayThis weekend’s Annual Shareholders’ Meeting kicks off with a lavish shopping spree. Known as the ‘Berkshire Bazaar of Bargains’, this shopping event has become an annual convention tradition. With over 20,000 square…
A display of GEICO Insurance’s Gecko character at Berkshire Hathaway’s annual shareholder meeting in Omaha, Nebraska. Yun Lee | CNBC Berkshire Hathaway Shareholders attending this year’s shareholder meeting will want to know more about Geico, the auto insurance company Warren Buffett once called his “favorite kid.” With tens of thousands of shareholders in attendance, Berkshire’s…
A display of GEICO Insurance’s Gecko character at Berkshire Hathaway’s annual shareholder meeting in Omaha, Nebraska. Yun Lee | CNBC Berkshire Hathaway Shareholders attending this year’s shareholder meeting will want to know more about Geico, the auto insurance company Warren Buffett once called his “favorite kid.” With tens of thousands of shareholders in attendance, Berkshire’s…
Check out the companies making the biggest moves at noon. CVS Health — Shares fell about 3% after the company cut its 2023 forecasts for costs related to its recent acquisitions of Signify Health and Oak Street Health. CVS lowered its 2023 adjusted earnings guidance to a range of $8.50 to $8.70 per share, down…
Federal Reserve Chairman Jerome Powell speaks during a press conference at the Federal Reserve Board in Washington, DC, March 22, 2023. Olivier D’Liery | AFP | Getty Images There’s not much mystery about what the Federal Reserve plans to do with interest rates on Wednesday. What’s intriguing is how central banks go from here. The…
A Southwest Airlines aircraft was transported at Chicago Midway International Airport in Chicago, Illinois, in April after a nationwide suspension caused by an internal technical issue was lifted, according to the Federal Aviation Administration (FAA). , idle on the runway. 18/18/2023. Jim Bondruska | Reuters Check out the companies in the spotlight on the midday…
New York Stock Exchange (NYSE) in New York, USA, Tuesday, March 28, 2023. Victor J. Blue | Bloomberg | Bloomberg | Getty Images As investors enter another year of uncertainty in the market, actively managed funds could add differentiated performance to their portfolios if traders choose carefully. Actively managed funds have historically underperformed passive strategies,…
POLAND – 03/21/2023: An illustration of this photo shows the First Republic Bank logo on a smartphone with stock market percentages in the background. (Omar Marquez/SOPA Image/Light via Getty Images) Photo illustration by Rocket) Sopa Images | Light Rocket | Getty Images Check out the companies in the spotlight on the midday deal. First Republic…
Baidu CTO Wang Haifeng speaks during the launch of Baidus AI chatbot Ernie Bot at an event in Beijing on March 16, 2023. Michael Chang | Afp | Getty Images BEIJING — More than two months after the ChatGPT craze hit China, a similar AI-based product has yet to reach the entire Chinese population. Instead,…
The Microsoft logo on the stand at Mobile World Congress 2023 in Barcelona, Spain on March 2, 2023. Joan Cross | Null Photo | Getty Images Check out the companies making the biggest moves at noon. microsoft — Shares of tech giant Microsoft rose 7.24% on Wednesday after the day’s better-than-expected earnings report. Analysts are…
A Rivian electric pickup truck parks in a parking lot at the Rivian Service Center in South San Francisco, California, May 9, 2022. Justin Sullivan | Getty Images Check out the companies in the spotlight on Monday’s midday deal. Abbott Laboratories — Medical device companies surged 7.8% on Wednesday after earnings reports. Abbott reported first-quarter…