(Reuters) - Bad weather hurt Warren Buffett's Berkshire Hathaway Inc in the third quarter, as insurance losses tied to Hurricanes Harvey, Irma and Maria and an earthquake in Mexico contributed to a 43 percent drop in profit.
(Reuters) - U.S. pharmacy operator CVS Health Corp and health insurer Aetna Inc are working toward finalizing merger terms and announcing a deal for more than $70 billion as early as December, according to people familiar with the matter.
NEW YORK (Reuters) - The dollar has moved from a supporting role to a featured player this earnings season, a boon to U.S. multinationals which have benefited from the biggest quarterly year-on-year decline in the greenback in three years.
Warren Buffett's Berkshire Hathaway Inc. says its third-quarter profit fell 43 percent because of a $3 billion insurance underwriting loss from Hurricanes Harvey, Irma and Maria and earthquakes in Mexico
(Reuters) - Sears Holdings Corp said it will close 63 additional stores in the United States after the holiday season as part of its continued effort to return to profitability in a difficult retail environment.