Warren Buffett's firm Berkshire Hathaway is sitting on a record amount of cash. Berkshire Hathaway has never had this much cash, so naturally people have wide-ranging ideas for how the Warren Buffett-led juggernaut may use it. The bank arrives at that figure by factoring in the record $109 billion of cash Berkshire has on hand and combining it with the company's strong free cash flow.
Save your life but harm your heart? Health experts are sounding a warning as potential side effects of a growing number of breast cancer treatments come to light.
UPS ordered 14 Boeing 747-8 freighters worth $5.65 billion.Since 2016, UPS has ordered 28 Boeing 747-8 freighters. These aircraft are essentially all that is left of Boeing's 747 order book. UPS also ordered four Boeing 767 freighters worth $848.8 million.
The world's largest package delivery company and rival FedEx Corp have already spent billions of dollars upgrading their networks to handle surging e-commerce package volumes, weighing on margins and leaving investors frustrated over the expense. The investments show UPS is betting that if it can handle more volume it can increase the number of packages it delivers to households, and eventually improve margins and profitability, versus pushing for higher prices and less volume, said Stephens analyst Jack Atkins. "If they can't get the delivery density - to date we haven't seen a yearly improvement in density - that's going to be a big problem," Atkins said.
Take-Two Interactive stock dipped on Thursday on news that its highly anticipated new game Red Dead Redemption 2 has been delayed.
The natural gas pipeline giant has delivered on all its promises last year, leaving it with only one thing to prove this year.
Energy Transfer Equity (ETE) continues to reward unit holders with a distribution hike. The partnership's development projects are expected to provide funds for further distribution hikes.
