Warren Buffett's Berkshire Hathaway Inc. (BRK-A, BRK-B) reported on Saturday that its net earnings attributable to shareholders surged to $10.106 billion or $7,027 per class A share from $4.603 billion or $3,200 per class A share last year. Operating earnings for the quarter were $11.346 billion up...
Southwest Airlines Co. (LUV) announced it is prepared to assist travelers affected by Spirit Airlines' cessation of operations. Customers holding Spirit reservations can access special Southwest fares at ticket counters located at their departure airport for eligible routes through 11:59 p.m. CDT on...
Spirit Aviation Holdings Inc. (FLYYQ), parent company of Spirit Airlines, LLC, announced that the airline has begun an orderly wind-down of operations, effective immediately. All Spirit flights have been cancelled, and customers are advised not to go to the airport. The decision follows extensive...
Lockheed Martin (LMT) has been chosen by the U.S. Space Force Space Systems Command to develop capabilities supporting the Space-Based Interceptor (SBI) program. This milestone marks significant progress toward fielding core elements of an integrated, layered homeland defense solution, the company said. The...
Incyte (INCY) announced that the U.S. Food and Drug Administration has approved Jakafi XR (ruxolitinib) extended-release tablets for the treatment of adults with intermediate- or high-risk myelofibrosis (MF), adults with polycythemia vera (PV) who have had an inadequate response to or are intolerant...
DISH Network announced that it has reached a new carriage agreement with Gray Media, restoring 226 local television channels across 113 markets in the United States. As part of the deal, DISH subscribers once again have access to a wide range of programming, including local affiliates of ABC, CBS,...
Imperial Oil Ltd. (IMO, IMO.TO) reported on Friday that first-quarter net income declined to C$940 million or C$1.94 per share from C$1.29 billion or C$2.52 per share in the prior-year quarter. Total revenues and other income for the quarter edged down to C$12.45 billion from C$12.52 billion in the...
Amtech Systems, Inc. (ASYS), Friday announced the appointment of Thomas Sabol as Chief Financial Officer, effective May 14, 2026. He will replace interim CFO Mark Weaver. The manufacturer of equipment and consumables enabling AI semiconductor device packaging and advanced substrate fabrication...
Friday, Asia Pacific Wire & Cable Corporation Limited (APWC) announced that Chief Financial Officer Ben Lee has stepped down from the position. The company added that Lee has been replaced by Brian Ma, who has assumed the role of acting CFO, effective April 30, 2026. Before joining APWC, Mr. Ma...
Hyundai Motor America reported Friday that it sold a total of 80,157 units in April 2026, down 2 percent from last year's 81,503 units, driven by electrified vehicles that accounted for one-third of total sales. The company posted multiple best-ever April results led by Sonata Hybrid and Elantra Hybrid....
Liberty Global Ltd. (LBTYA) issued its first quarter financial results. Liberty Global consolidated net income was $358.2 million compared to a loss of $1.32 billion, prior year. Total consolidated adjusted EBITDA was $366.5 million compared to $324.6 million. Consolidated adjusted EBITDA less P&E Additions...
Occidental Petroleum Corporation (OXY), a hydrocarbon explorer, said on Friday that it has appointed its chief operating officer, Richard Jackson, as chief executive officer. He will succeed Vicki Hollub as CEO upon her retirement on June 1. Occidental has also announced that Jackson will join the board with...
Friday, Gates Industrial Corporation plc (GTES) announced a definitive agreement to acquire the belts business from The Timken Company (TKR), including select manufacturing assets. The financial details of the deal were not disclosed. With this deal, Gates expects to expand customer access and opportunities...
Esperion Therapeutics (ESPR), a biopharmaceutical company, on Friday announced that it has agreed to be acquired by funds managed by healthcare investment firm ARCHIMED in a deal valued at up to $1.1 billion. Under the definitive agreement, Esperion shareholders will receive $3.16 per share in cash...
Brookfield Renewable Partners L.P. (BEP-UN.TO, BEP) reported first quarter Funds From Operations or FFO of $375 million compared to $315 million, last year. FFO per unit was $0.55 compared to $0.48. The company reported a first quarter net loss attributable to Unitholders of $229 million compared...
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.