Earnings

Trump Media reports $16 million loss for quarter as revenue falls

Trump Media, the social media company whose majority shareholder is former President Donald Trump, on Friday reported a net loss…

Consumer giants from Starbucks to General Mills have one big sales problem: China

BEIJING — A theme emerging in the latest slew of U.S. companies’ earnings reports is a drag from the China…

Warren Buffett raises Berkshire cash level to record $277 billion after slashing stock holdings

Berkshire Hathaway‘s cash pile swelled to a record $276.9 billion last quarter as Warren Buffett sold big chunks in stock…

Berkshire’s mounting cash pile could top $200 billion as Buffett continues selling stock

Berkshire Hathaway‘s highly scrutinized cash pile could top $200 billion — more than the entire annual gross domestic product of…