Buffett Targets Mother Lode of Opportunity in U.S., Deals
Warren Buffett assured shareholders of his Berkshire Hathaway that he has plenty of ways to deploy cash after posting record earnings in 2013.
Buffett Targets Mother Lode of Opportunity in U.S., Deals
Warren Buffett assured shareholders of his Berkshire Hathaway that he has plenty of ways to deploy cash after posting record earnings in 2013.
6 mins agoGlobal stocks hit by Ukraine war threat, gold, oil jump
The rising threat of war between Ukraine and Russia spooked markets and sent investors scurrying for relative safety on Monday- with the Moscow stock market down 9 percent - and lifting gold to a four-month high.
6 mins agoInvestor Fires Salvo Against Fannie, Freddie
Bruce Berkowitz, a prominent mutual-fund investor, sent letters to the boards of Fannie Mae and Freddie Mac late Friday scolding directors for not protecting the rights of shareholders, upping the ante in his bid to let investors share in the spoils of the newly profitable mortgage-finance giants. In an interview Sunday, Mr. Berkowitz said he hopes to "wake up the boards" so they realize "that they have a fiduciary responsibility" to shareholders such as his Fairholme Funds Inc., which last month disclosed that its position in the companies had grown to a combined amount of nearly $1.3 billion. Fairholme and other shareholders are suing the U.S. government to challenge changes that the Treasury Department made to the 2008 bailout of Fannie and Freddie. The changes, effective last year, required the companies to send all profits to the government, replacing an earlier 10% dividend payment and preventing the firms from retaining any earnings.
6 mins agoApple launches iPhone voice control for drivers
FRアンコ.......ウソやウソ,ANKやわ,はっはっ,FURT (Reuters) - Apple (NSQ:AAPL) makes its next move in hands-free smartphone technology for car drivers when it unveils a new, integrated iPhone voice-control system at the Geneva Motor Show this ...
6 mins agoTwo top Microsoft execs to leave in reshuffle - reports
REUTERS - In the biggest management reshuffle at Microsoft Corp(NSQ:MSFT) since Satya Nadella took over as its chief executive, two top executives, Tony Bates and Tami Reller, will leave the company while ...
6 mins agoIn General Motors Recalls, Inaction and Trail of Fatal Crashes
G.M. has been sued, and now faces an investigation by the safety agency and the possibility of a criminal investigation, similar to the criminal inquiry Toyota is facing after recalls over the unintended ...
6 mins agoDisney ends funding to Boy Scouts over gay policy
The Walt Disney Company will cut funding to the Boy Scouts of America beginning in 2015 because of a policy that bans gay adult leaders in the organization. The Boy Scouts organization is "disappointed" ...
6 mins agoBig or small, spending-cut efforts hit roadblocks
The budget gurus in Congress have failed for years to find a grand bargain to reduce the government's long-term debt, so this year they decided to go small. Just 1 percentage point would be shaved from ...
6 mins agoStock futures tumble on threat of war in Ukraine
U.S. stock index futures tumbled on Monday, alongside other risk assets, as Ukraine and Russia mobilized for war with Russian President Vladimir Putin declaring he had the right to invade his neighbor. ...
6 mins agoBitcoin needs to grow up if it wants to survive Mt. Gox collapse
At this moment, it seems clear bitcoin needs some kind of regulation to protect consumers, or it will remain at best a fringe way to conduct transactions and, at worst, a venue that continues to attract shysters and criminals.
6 mins ago
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