Hurricanes earthquake drag down third-quarter profit at Buffett Berkshire Hurricanes earthquake drag down third-quarter profit at Buffett Berkshire: Berkshire on Friday said it lost $3 billion before taxes, or $1.95 billion after-tax, from the disasters, leaving its Geico auto insurance, General Re reinsurance and Berkshire Hathaway Reinsurance units with underwriting […]

Apple firmly on course for $1 trillion valuation Apple firmly on course for $1 trillion valuation: The stock rose as much as 3.7 percent to $174.26, briefly breaching $900 billion in market value, amid declines in the broader market. The gains added nearly $32 billion to the company’s market capitalization. […]

Apple sees strong holiday sales smooth sailing for iPhone X Apple sees strong holiday sales smooth sailing for iPhone X: Apple Inc (AAPL.O) on Thursday reported better-than-expected earnings and offered a rosy forecast for the holiday shopping season, allaying investor concerns about production delays on the new iPhone X and […]

Pandora made $80M in U.S. app store revenue in Q3 Pandora made $80M in U.S. app store revenue in Q3:- In the face of fierce competition from Spotify and Apple Music, Pandora has been growing its in-app subscription revenues, according to new data from Sensor Tower. The streaming music service […]

Broadcom plans record tech deal with Qualcomm bid Broadcom plans record tech deal with Qualcomm bid: Communications chipmaker Broadcom Ltd (AVGO.O) is planning to unveil a bid for smartphone chip supplier Qualcomm Inc (QCOM.O) by Monday, three sources familiar with the matter said on Friday, an attempt to create a […]