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[1/2] Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/IllustrationTAIPEI, Nov 16 (Reuters) - Taiwan President Tsai Ing-wen has decried what she called "rumours" about the risk of investing in the island's semiconductor industry and said the government was working hard to ensure investments continued. But the Chinese military's menacing of the island to assert Beijing's sovereignty claims, especially after U.S. House Speaker Nancy Pelosi visited Taipei in August, is causing the chip industry to rethink the risk surrounding Taiwan. Tsai, who met with ASML Holding's (ASML.AS) chief operations officer Frederic Schneider-Maunoury on Tuesday, praised the European manufacturer of chip-making equipment for its commitment to investing in Taiwan. Reporting by Ben Blanchard and Sarah Wu; Editing by Christian Schmollinger and Edwina GibbsOur Standards: The Thomson Reuters Trust Principles.

☆ Paramount Global shares jump after Warren Buffett's Berkshire Hathaway increases stake
▼ + stars: | 2022-11-15 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

Paramount Global 's stock got a boost Tuesday after Warren Buffett's Berkshire Hathaway upped its stake, a fresh signal that the media and entertainment company could be an acquisition target. Berkshire disclosed in public filings late Monday that it now owns more than 91 million shares in Paramount. Buffett's firm first disclosed its new stake in Paramount in May. Paramount is controlled through its class A shares by National Amusements, chairman Shari Redstone's holding company. Paramount owns "Top Gun: Maverick" movie studio Paramount Pictures, as well as the broadcast network CBS, cable channels including MTV and VH1, the premium network Showtime, and fledgling streaming service Paramount+.

☆ TSMC shares jump after Berkshire Hathaway discloses big stake
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: 1 min

TAIPEI, Nov 15 (Reuters) - TSMC's (2330.TW), Taiwan-listed shares opened up more than 4% on Tuesday after Warren Buffett's Berkshire Hathaway Inc (BRKa.N) said it had bought more than $4.1 billion of stock in the Taiwanese semiconductor maker. The broader market (.TWII) was up around 1% shortly after opening. Reporting by Ben Blanchard; Editing by Himani SarkarOur Standards: The Thomson Reuters Trust Principles.

☆ Stocks making the biggest moves midday: Walmart, Taiwan Semiconductor, Netflix, Carnival and more
▼ + stars: | 2022-11-15 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Walmart — Shares of retailer Walmart jumped more than 7% after reporting quarterly earnings that beat Wall Street's expectations and raising its forward guidance. Retail stocks — Retail stocks rose following Walmart and Home Depot 's stronger-than-expected financial reports for the third quarter. Signature Bank — Shares of the crypto bank jumped more than 10% after Signature reported minimal exposure to FTX and any potential destruction that could come from its collapse. Sunnova Energy — Shares of solar company rose 7.5% after Deutsche Bank initiated coverage of Sunnova Energy, First Solar and Enphase Energy with buy ratings. First Solar was up 3.2%, and Enphase Energy rose 2%.

☆ Tech investor Draper sours on China, says it has left the free market
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: +3 min

[1/4] U.S. venture capitalist Tim Draper speaks to Reuters on his way to visit the National Space Organization in Taipei, Taiwan, November 14, 2022. REUTERS/Ann WangTAIPEI, Nov 15 (Reuters) - China is no longer a place to invest and has left "the free market" under President Xi Jinping, said U.S. venture capitalist Tim Draper, an early investor in Elon Musk's Tesla and SpaceX. "I used to be an investor in China," he told Reuters late on Monday after arriving in Taipei. "Then I got an early indication that China was going to leave the free market and I decided that that was not a place I wanted to invest," Draper said, without elaborating. "I'm just hoping that President Xi hasn't lost his mind completely," Draper said, referring to a potential Chinese attack on Taiwan.

☆ Buffett's Berkshire discloses big Taiwan Semi stake
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: 1 min

Nov 14 (Reuters) - Berkshire Hathaway Inc (BRKa.N) said it bought more than $4.1 billion of stock in Taiwan Semiconductor Manufacturing Co (2330.TW), a rare significant foray into the technology sector by billionaire Warren Buffett's conglomerate. In a Monday regulatory filing describing its U.S.-listed equity investments as of Sept. 30, Berkshire said it owned about 60.1 million of Taiwan Semiconductor's American depositary shares. Berkshire also disclosed new, smaller stakes in building materials company Louisiana-Pacific Corp (LPX.N) and the financial services company Jefferies Financial Group Inc (JEF.N). Reporting by Jonathan Stempel in New York; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ Buffett's Berkshire sheds large portion of US Bancorp stake
▼ + stars: | 2022-11-11 | by ( ) www.reuters.com time to read: +2 min

In a regulatory filing, Berkshire said it owned just over 53 million U.S. Bancorp shares, for a 3.6% stake, on Oct. 31, down from 144.7 million shares, or 9.8%, on Dec. 31, 2021. Berkshire began investing in the Minneapolis-based bank in 2006, according to regulatory filings. U.S. Bancorp and Buffett's assistant did not immediately respond to requests for comment after market hours. Berkshire owned $126.5 billion of the iPhone maker's shares on Sept. 30. On Nov. 14, Berkshire is expected in a regulatory filing to disclose more information about its U.S.-listed stock holdings.

☆ Dominion Energy weighing sale of stake in Cove Point LNG Facility -Bloomberg
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +1 min

Nov 7 (Reuters) - Dominion Energy Inc (D.N) is considering selling its multi-billion-dollar stake in the Cove Point liquefied natural gas (LNG) facility in Maryland's Chesapeake Bay, Bloomberg News reported on Monday citing people with knowledge of the matter. Talks are at an early stage, and Dominion could still decide to hold onto the 50% stake, the people said. The Cove Point terminal is operated by Berkshire Hathaway Inc's (BRKa.N) Berkshire Hathaway Energy, which owns 25% of the facility. The rest is owned by units of Dominion Energy (50%) and Brookfield Asset Management Inc (BAMa.TO) (25%). Shares of Dominion Energy dropped on Monday as the company initiates a "top-to-bottom" review to weigh strategic business actions, as its shares have been underperforming over the past several years.

☆ Berkshire Hathaway could boost earnings after Occidental accounting change
▼ + stars: | 2022-11-05 | by ( Jonathan Stempel | ) www.reuters.com time to read: +2 min

Nov 5 (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) could soon see a boost to its bottom line after changing its accounting for its big stake in Occidental Petroleum Corp (OXY.N). In its quarterly report on Saturday, Berkshire said it adopted the equity method of accounting for its 20.9% stake in Occidental, which is worth more than $14 billion. Accounting rules normally require the equity method when one company's stake in another reaches 20%, reflecting an assumption that the first company might exert significant influence. Kraft Heinz is controlled by Berkshire and Brazil's 3G Capital, and its board includes three directors from Berkshire. Some investors and analysts have said Berkshire could eventually buy Occidental, diversifying its energy portfolio.

☆ Buffett's Berkshire loses money as stocks, Hurricane Ian offset rising demand
▼ + stars: | 2022-11-05 | by ( Jonathan Stempel | ) www.reuters.com time to read: +5 min

Nov 5 (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) on Saturday posted a $2.69 billion third-quarter loss as rising inflation, falling stock investments and a big loss from Hurricane Ian offset improvement in many of the conglomerate's businesses. Berkshire also bought back more of its own stock but was cautious, repurchasing $1.05 billion, similar to the second quarter. Berkshire also said rising costs from fuel and accidents hurt respective results at two of its best-known businesses, the BNSF railroad and Geico auto insurer. Results included $10.45 billion of losses from investments and derivatives, as the stock prices of many large Berkshire investments other than Apple Inc (AAPL.O) fell. Results improved despite a $2.7 billion after-tax loss from Ian, a strong Category 4 hurricane that slammed into Florida on Sept. 28.

☆ Buffett's Berkshire loses money as stocks, Hurricane Ian offset higher demand
▼ + stars: | 2022-11-05 | by ( Jonathan Stempel | ) www.reuters.com time to read: +4 min

Nov 5 (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) on Saturday posted a $2.69 billion third-quarter loss as rising inflation, falling stock investments and a big loss from Hurricane Ian offset improvement in many of the conglomerate's businesses. It also bought back more of its own stock but was cautious, repurchasing $1.05 billion, similar to the second quarter. It also said rising costs hurt results at two of its best-known businesses, the BNSF railroad and Geico auto insurer. That helped offset a $2.7 billion after-tax loss from Ian, a strong Category 4 hurricane that slammed into Florida on Sept. 28. Net results included $10.45 billion of losses from investments and derivatives, as the stock prices of many large Berkshire investments other than Apple Inc (AAPL.O) fell.

☆ Berkshire Hathaway posts quarterly loss as stocks, Hurricane Ian weigh
▼ + stars: | 2022-11-05 | by ( ) www.reuters.com time to read: +3 min

Nov 5 (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) on Saturday posted a third-quarter loss, as falling stock investments and a big loss from Hurricane Ian offset improvement in many of its industrial businesses. Berkshire posted a quarterly net loss of $2.69 billion, or $1,832 per Class A share, compared with a profit of $10.34 billion, or $6,882 per share, a year earlier. Geico, meanwhile, suffered its fifth straight quarterly underwriting loss, reflecting "significant cost inflation" from damages claims, used car prices and shortages of car parts. Net results included $10.45 billion of losses from investments and derivatives, as the stock prices of many large Berkshire investments fell. This causes large quarterly swings in results that Buffett says are usually meaningless.

☆ Berkshire Hathaway posts quarterly loss as stock holdings fall
▼ + stars: | 2022-11-05 | by ( ) www.reuters.com time to read: 1 min

Nov 5 (Reuters) - Berkshire Hathaway Inc (BRKa.N) on Saturday posted a third-quarter loss, as the conglomerate run by billionaire Warren Buffett said it lost money on its stock investments and from insurance underwriting. The net loss of $2.69 billion, or $1,832 per Class A share, compared with a profit of $10.34 billion, or $6,882 per share, a year earlier. Operating profit rose 20% to $7.76 billion, or about $5,294 per Class A share, from $6.47 billion, or about $4,331 per share, a year earlier, helped by foreign currency gains and improvement in several businesses. Berkshire also repurchased $1.05 billion of its own stock in the quarter, and has repurchased $5.25 billion this year. Reporting by Jonathan Stempel in New York Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ Warren Buffett’s Berkshire Hathaway Swings to Loss, Stung by Battered Market
▼ + stars: | 2022-11-05 | by ( Akane Otani | ) www.wsj.com time to read: 1 min

Warren Buffett’s Berkshire Hathaway Inc. swung to a loss in the third quarter as a volatile stock market and losses from insurance underwriting offset gains in its manufacturing, service and retail businesses. The Omaha, Neb., company reported a net loss of $2.69 billion, or $1,832 a class A share equivalent, versus a year-earlier profit of $10.34 billion, or $6,882 a share.

☆ TerraPower, PacifiCorp to study 5 more advanced nuclear reactors
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Lucas Jackson/File PhotoWASHINGTON, Oct 27 (Reuters) - TerraPower LLC, Bill Gates' advanced nuclear reactor company, and power company PacifiCorp said on Thursday they will undertake a study to evaluate deploying up to five additional Natrium reactors in the U.S. West by 2035. The Wyoming Natrium reactor, being developed by TerraPower and GE Hitachi Nuclear Energy, will get about half of its funding from the U.S. government. The joint study on the additional reactors will evaluate the potential for advanced reactors to be located near current fossil-fueled generation sites, enabling PacifiCorp to repurpose existing power generation and transmission assets in California, Washington, Oregon, Utah, Wyoming, and Idaho, the companies said. Some nonproliferation experts say the more highly enriched fuel expected to be used by advanced reactors could become an attractive target for militants looking to convert it for use in a crude nuclear weapon. Advanced reactor proponents say the plants are safer and create less waste.

☆ Berkshire's Brooks running unit settles trademark case against Brooks Brothers
▼ + stars: | 2022-10-26 | by ( Jonathan Stempel | ) www.reuters.com time to read: +2 min

REUTERS/Carlo AllegriOct 26 (Reuters) - Brooks, the running shoe unit of billionaire Warren Buffett's Berkshire Hathaway Inc (BRKa.N), has settled a lawsuit accusing the retailer Brooks Brothers of diluting its reputation and confusing customers by marketing athletic wear with the "Brooks" name, but without "Brothers." It objected last year to Brooks Brothers' launch of "faux" athletic wear, saying it threatened to "demoralize" consumers who associate the Brooks name with high-quality athletic wear, and to Brooks Brothers' "Back to Brooks" marketing campaign. Brooks Brothers countered that the lawsuit was an "ill-conceived ploy" to evade the coexistence agreement, and demanded Brooks' compliance. Founded in 1818, Brooks Brothers is the oldest continually-operating U.S. clothing retailer. The case is Brooks Sports Inc v SPARC Group LLC, U.S. District Court, Western District of Washington, No.

☆ Companies Seek Guidance on New U.S. Minimum Tax as Launch Date Nears
▼ + stars: | 2022-10-26 | by ( Jennifer Williams-Alvarez | ) www.wsj.com time to read: +7 min

Analyzing past securities filings, researchers from the University of North Carolina’s Tax Center found that fewer than 80 publicly traded U.S. companies would have paid any corporate minimum tax in 2021 had the tax been in effect. Businesses, including media company Liberty Media Corp., in recent weeks have pressed for additional information from the Treasury Department and the Internal Revenue Service on the implications of the tax. “It’s casting a very wide net,” David Rievman, a partner at law firm Skadden, Arps, Slate, Meagher & Flom LLP, said of the minimum tax. Among the concerns from businesses is that reorganizations could cause a company to become subject to minimum tax, or increase their tax liability. Without the deduction, the company would pay another level of corporate tax on that dividend.

Sept 28 (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) bought another 5.99 million shares of Occidental Petroleum Corp (OXY.N), boosting its stake to 20.9% after the oil company's shares lost about a fifth of their value in less than a month. The purchases were made between Sept. 26 and Sept. 28 and cost about $352 million, Berkshire said in a regulatory filing on Wednesday. Following the purchases, Berkshire now owns about 194.4 million Occidental shares worth approximately $11.9 billion, based on Occidental's Wednesday closing price of $61.41. Register now for FREE unlimited access to Reuters.com RegisterBerkshire had gone seven weeks since its last purchase of Occidental shares, which pushed its stake above 20%. Occidental's share price has more than doubled this year, benefiting from rising oil prices following Russia's Feb. 24 invasion of Ukraine.

A worker cuts a cast at Mitchell Aerospace, Inc., a manufacturer of light alloy sand castings for the aerospace industry, in Montreal, Quebec, Canada September 9, 2022. REUTERS/Christinne MuschiMONTREAL/CHICAGO, Sept 27 (Reuters) - Canada's Mitchell Aerospace has a booming business - and a shop-floor shortfall that is reverberating from Boeing (BA.N) to Airbus (AIR.PA). A slowing global economy has started to unwind some supply chain shortages that hit manufacturers and contributed to inflation. But aircraft parts makers are still reeling from deep job cuts undertaken when planes were grounded during the pandemic, a sign of how uneven the supply chain crisis remains. Airbus' production target has declined, while Boeing warned supply chain pressures have capped its ability to ramp up output.

☆ Berkshire Hathaway reports operating earnings surge, but posts big investment loss amid market rout
▼ + stars: | 2022-08-06 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

An Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stand during the first in-person annual meeting since 2019 of Berkshire Hathaway Inc in Omaha, Nebraska, U.S. April 30, 2022. Berkshire Hathaway 's operating profits jumped in the second quarter despite fears of slowing growth, but Warren Buffett's conglomerate was not immune to the overall market turmoil. Stocks tumbled into a bear market during the second quarter after aggressive rate hikes from the Federal Reserve to tame soaring inflation sparked fears of a recession. The S&P 500 posted a more than 16% quarterly loss – its biggest one-quarter fall since March 2020. The conglomerate's Class A stock fell more than 22% in the second quarter, and it's now down nearly 20% from an all-time high reached March 28.

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