Venezuela plans stock comes out in break from socialist model

CARACAS, Venezuela — Venezuela’s government is seeking private investors to pump funds into vital but crippled state-run companies, decades after seizing them in the name of socialism. The government on Monday intends to offer 5% to 10% stakes in companies ranging from telephone and internet service providers to a petrochemical producer. In another country, those … Read more

Warren Buffett tells shareholders about spending $51 billion

OMAHA, Neb. — Warren Buffett gave Berkshire Hathaway investors a few details Saturday about how he spent more than $50 billion earlier this year and again reassured them that the company he built will last long after the 91-year-old billionaire is gone. Tens of thousands of investors packed an Omaha arena Saturday to listen to … Read more

Musk sells $4B in Tesla shares, presumably for Twitter deal

Elon Musk has sold more than 4 million shares of Tesla stock worth roughly $4 billion, most likely to help fund his $44 billion purchase of Twitter By TOM KRISHER AP Auto Writer April 29, 2022, 6:15 AM • 2min read Share to FacebookShare to TwitterEmail this article DETROIT — Elon Musk has sold 4.4 … Read more

Germany’s Siemens sees profit up 20%, raises dividend

Germany Siemens AG saw net profit at the global maker of trains and industrial equipment rise 20% to 1.8 billion euros in the last three months of 2021 By DAVID McHUGH AP Business Writer February 10, 2022, 9:52 AM • 2min read Share to FacebookShare to TwitterEmail this article FRANKFURT, Germany — Germany Siemens AG, … Read more