BusinessLatest Business and Company Updates
Disney extends CEO Iger's contract by a year to July 2019
By Lisa Richwine | LOS ANGELES LOS ANGELES Walt Disney Co (DIS.N) said on Thursday its board extended Chairman and Chief Executive Officer Bob Iger's term by a year to July
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UBS faces French trial over long-running tax case
ZURICH UBS (UBSG.S) and its French subsidiary face a trial in France after authorities laid out charges against the Swiss bank, marking an escalation of a long-running probe into allegations they helped wealthy clients avoid taxes."We will now have the
S&P ends flat, Nasdaq hits record high close
NEW YORK The S&P 500 ended flat on Tuesday as gains in healthcare and financials offset a drop in energy shares, while the Nasdaq hit another record high close.A drop in shares of IBM (IBM.N) weighed on the Dow.
Buffett's Berkshire says quarterly profit rises 15 percent
Warren Buffett's Berkshire Hathaway Inc (BRKa.N) on Saturday said fourth-quarter profit rose 15 percent from a year earlier, helped by gains from investments and derivatives.Net income rose to $6.29 billion, or $3,823 per Class Ashare, from $5.48 billion, or $3,333