Warren Buffett reportedly says Berkshire Hathaway could buy back $100 billion stock Warren Buffett said Berkshire Hathaway could repurchase as much as $100 billion of its stock, the Financial Times said on Thursday without providing a time frame. https://www.cnbc.com/2019/04/26/warren-buffett-says-berkshire-could-buy-back-100-billion-stock-ft.html
PayPal to invest $500 million in Uber Online payments company PayPal plans to invest $500 million in Uber Technologies as the ride-hailing firm unveiled terms for its initial public offering on Friday, Refinitiv IFR reported. https://www.cnbc.com/2019/04/26/paypal-to-invest-500-million-in-uber-refinitiv-ifr.html
Wall Street analysts rave about Amazon's one-day delivery push: 'Game-changing' In breaking down Amazon's Q1 earnings, analysts focus on the company's announcement that it will cut standard delivery for Prime to one day. https://www.cnbc.com/2019/04/26/wall-street-is-excited-about-amazon-prime-one-day-delivery.html
Ford says Justice Department has opened criminal probe into its emissions certifications Ford says it cannot predict the outcome of the investigation and "cannot provide assurance that it will not have a material adverse effect on us." https://www.cnbc.com/2019/04/26/ford-says-us-justice-department-opened-a-criminal-investigation-into-a-matter-relating-to-its-emissions-certification-process.html
Activists pressuring Bed Bath & Beyond detail plan 'to stem the tide of value destruction' The trio of activist investors at Bed Bath & Beyond unveiled a case for why shareholders should elect their board nominees. https://www.cnbc.com/2019/04/26/activist-investors-detail-its-plan-for-change-at-bed-bath-amd-beyond.html
White House economic advisor Larry Kudlow says Fed should still cut rates despite 3.2% GDP growth The economy is off to its best start to a year since 2015, but Trump economic adviser Larry Kudlow says Federal Reserve should still add stimulus. https://www.cnbc.com/2019/04/26/larry-kudlow-says-fed-should-still-cut-rates-despite-3point2percent-gdp-growth.html
Starbucks CEO calls Chinese rivals' use of discounts unsustainable as Luckin Coffee prepares for IPO Starbucks is facing increased competition in China, particularly from upstart Luckin Coffee, but CEO Kevin Johnson remains optimistic about its long-term success. https://www.cnbc.com/2019/04/26/starbucks-ceo-calls-chinese-rivals-use-of-discounts-unsustainable.html
Slack to spend at least $250 million on Amazon's cloud over five years — less than Pinterest or Lyft Slack said in its IPO prospects that it's committed to spending at least $50 million a year on AWS through 2023. https://www.cnbc.com/2019/04/26/slack-to-spend-at-least-250-million-on-aws-over-five-years.html