March 4 (Reuters) - An Oregon state jury on Tuesday ordered Berkshire Hathaway's ( BRK/A ) PacifiCorp ( PPWLM ) to pay at least $29.2 million to nine homeowners and a summer camp whose properties were damaged by 2020 wildfires they claim were sparked when the Oregon utility failed to shut off its power lines during high winds. The verdict...

03:38 PM EST, 03/05/2024 (MT Newswires) -- Walt Disney ( DIS ) Chief Executive Bob Iger said Tuesday he is extremely confident that the company's streaming business will achieve profitability by fiscal Q4. I mentioned streaming. We are on a path to profitability, Iger said at the Morgan Stanley Technology, Media and Telecom Conference, according to a Capital IQ transcript....

March 5 (Reuters) - Chile's Cencosud, one of Latin America's largest retailers, on Tuesday reported a 42% fall in fourth-quarter net profit, landing at 83.3 billion pesos ($94 million), while revenues shrunk 16% to 3.30 trillion pesos. Quarterly adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) shrunk 17% while the annual figure fell 7% compared to a year earlier....

03:44 PM EST, 03/05/2024 (MT Newswires) -- Alibaba Group Holding ( BABA ) is heading a financing package of at least $600 million for Chinese AI startup MiniMax, Bloomberg reported Tuesday, citing people familiar with the matter. The terms are still tentative as negotiations with other investors continue, the report said. MiniMax has secured funds from Alibaba ( BABA )...