Berkshire Hathaway cuts Activision stake as Microsoft deal flounders

Warren Buffett’s Berkshire Hathaway trimmed its wager on Activision Blizzard in late 2022, because the online game maker’s agreed takeover by Microsoft struggled within the face of regulatory scrutiny. Berkshire bought 7.4mn shares, or 12 per cent of its place, in Activision within the fourth quarter. The gross sales by the sprawling industrials-to-insurance conglomerate lowered […]

Ford halts F-150 Lightning production due to possible battery issue

Ford employees produce the electrical F-150 Lightning pickup on Dec. 13, 2022 on the automaker’s Ford Rouge Electrical Automobile Middle (REVC). Michael Wayland | CNBC DETROIT – Ford Motor has paused manufacturing and shipments of its electrical F-150 Lightning pickup resulting from a possible battery concern, the corporate mentioned Tuesday. Ford spokeswoman Emma Bergg declined […]

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