Page 128 - Bloomberg

Shell weighs BP buyout as rival's stock weakens amid oil price slump

The oil major has been more seriously discussing the feasibility and merits of a BP takeover with its advisers in recent weeks

Warren Buffett to step down following six-decade run atop Berkshire

Greg Abel, the vice chairman for non-insurance operations, will take charge of the conglomerate upon board approval, Buffett, 94, said Saturday at the company's annual shareholder meeting

Trump stokes Harvard feud with threat to revoke tax-exempt status

Experts say that revoking Harvard's tax-exempt status would be a long process through the Internal Revenue Service and likely the courts - and that it could take years

Understanding the unlikely Saudi Arabia push for lower oil prices

To appreciate Saudi oil policy, it always helps to focus on what the kingdom does, rather than on what it says - whether in public or private

Amazon braces for tough quarter; warns on tariffs, consumer spending

When it reported results Thursday, the world's largest online retailer posted a decent first quarter but said operating profit in the current period would be weaker than Wall Street anticipated

Vedanta Resources weighs Zambia copper IPO to fund $1 billion investment

Vedanta has pledged to invest $1 billion in the operation as part of negotiations with the state to secure its return to Konkola copper mines

As Trump closes China shipping loophole, prices to rise for US consumers

Trump last month signed an executive order closing a loophole that has allowed items from China and Hong Kong valued at no more than $800 to enter the US without customs declarations and import duties

Apple renews fears about tariffs, China with disappointing quarterly report

Apple expects $900 million in higher costs from tariffs in the current period, Chief Executive Officer Tim Cook said during a conference call

Adani's Vizhinjam port to expand capacity with launch of second phase

The Vizhinjam transshipment terminal, which began operations in July and has handled about 250 container ships so far, is forecast to attract about Rs 9,500 crore ($1.1 billion)

US judge blocks Trump's deportations of Venezuelans under 1798 wartime law

Venezuelan immigrants across the US who face potential deportation have been arguing since March that Trump's AEA proclamation was unlawful because the US isn't at war, the judge said

Trump plans record $1.01 trillion national security budget this year

The defense budget will fund the Golden Dome missile defense project, shipbuilding and nuclear modernization, border security among its top priorities

Apple to source over 19 billion US-made chips in supply chain shift

Chief Executive Officer Tim Cook talked about leaning more heavily on Taiwan Semiconductor Manufacturing Co., which is expanding its Arizona operations to half a dozen plants

Evaluating trade talks with US, says China hinting at possible thaw

China's Commerce Ministry said in a Friday statement that it had noted senior US officials repeatedly expressing their willingness to talk to Beijing about tariffs

DOGE 'should definitely' examine Federal Reserve costs, says Musk

Musk's suggestion that DOGE should examine the Fed is the latest example of how President Donald Trump is aiming to exert more political control over the independent central bank

US judge orders Apple to stop charging commissions on non-App Store sales

The changes the company must now make could put a sizable dent in the double-digit billions of dollars in revenue the App Store generates each year

Tariffs politically risky, but won't rush trade deals, says Trump

Trump went on to agree there was a significant political risk to his efforts, and that they could result in Republicans losing control of the House of Representatives

Yale weighs $850 mn bond sale amid Trump's attack on higher education

The sale would consist of two bond series: one offering $500 million of tax-exempt bonds and another selling $350 million of taxable bonds, both are expected to price the week of May 5

Trump claims China will 'eat' tariffs, reducing impact on US consumers

Trump said he did not believe hard times were ahead for US consumers, while acknowledging that his 145% tariffs on many Chinese goods amounted to a near-embargo

Mark Mobius holds 95% cash in funds, says trade jitters may last months

Investors will likely only be able to assess market opportunities once the trade negotiations take place over the next four to six months, said Mobius

Indian insurance companies planning $41 bn trade switch to bond forwards

Insurers are in talks with authorities to convert about Rs 3.5 trn ($41 bn) worth of rates derivative contracts into bond forwards. Such contracts offer investors the opportunity to own the securities