Bloomberg Buffett Back in Money on IBM, Reversing $2.6 Billion LossBloombergInternational Business Machines Corp. has climbed above the price that Warren Buffett paid for shares in the computer company, reversing more than $2 billion in paper losses for his Berkshire Hathaway Inc. IBM rose 2.2 percent to $170.55 at 4 p.m …The Brilliant Blunders and […]
Bloomberg GE Misses Sales Estimates as Oil Weighs on Immelt's OverhaulBloombergGeneral Electric Co.'s woes in the oil patch persisted in the fourth quarter, denting sales and dragging down shares to their biggest decline in four months. Weakness in the oil and gas unit, which makes drilling equipment and pipes, will probably …UPDATE 1-GE profit up […]
Reason (blog) White House Site Relaunches with Trump's Populist Policy ProposalsReason (blog)Donald Trump Anthony Behar/Sipa USA/NewscomThe website for the White House has been updated and relaunched to fit the new President Donald Trump administration. It is obviously pretty bare bones for now (you can read his inauguration speech here), … and more » Subscribe to the RSS […]
NBCNews.com Anti-Trump Protesters Blockade Uber HQ in San FranciscoNBCNews.comProtesters chained themselves to the front doors of Uber's offices in San Francisco Friday morning as Donald Trump was inaugurated. Employees were reportedly unable to enter the building, which also houses payments company Square, through the front … and more » Subscribe to the RSS feed
Reuters UK Safran agrees to buy Zodiac AerospaceMarketWatchLONDON–French aerospace supplier Safran SA said Thursday it had agreed to buy Zodiac Aerospace in a deal that values the beleaguered French plane cabin interiors specialist at EUR8.5 billion ($9 billion). The two companies said Safran would create …Zodiac Aerospace : Safran and Zodiac Aerospace, a new global leader […]
CNBC Asia markets mixed; Toshiba tumbles on semiconductor unit sale talkCNBCAsia markets traded mixed on Thursday, with shares of Japanese electronics maker Toshiba tumbling nearly 16 percent after a report suggested it was considering the sale of its semiconductor business. Toshiba shares slipped 15.98 percent at market close …Asian Shares Mixed, Japan's Nikkei Gains on Weaker […]
Reuters Trump Treasury nominee Mnuchin to defend banking record to senatorsReutersIncoming Trump administration Treasury Secretary nominee Steven Mnuchin departs after working a simulated crisis scenario during transition meetings at the Eisenhower Executive Office Building at the White House in Washington, U.S. January 13, 2017.It's (still) the economy, stupidWashington Examiner (blog)Having a clear plan is the […]
Omaha World-Herald TD Ameritrade reports 11 percent trading increase in fiscal first quarter, gives Trump the creditOmaha World-HeraldCount Omaha-based online stock brokerage TD Ameritrade among the U.S. companies attributing a boost in business to the presidential election. The company said Wednesday when it released quarterly earnings that the derby that ushered Republican …Trump Nominee Ricketts And […]
Pittsburgh Post-Gazette Credit Suisse completes $5.3 billion US deal over toxic debtPittsburgh Post-GazetteCredit Suisse's CEO Tidjane Thiam gestures during a panel Tuesday in Davos, Switzerland, on the first day of the World Economic Forum. By Jeffrey Vögeli and Jan-Henrik Förster / Bloomberg News. Credit Suisse Group and the Justice Department finalized …Obama Administration Races to Finish […]
New York Times Student Loan Collector Cheated Millions, Lawsuits SayNew York TimesNavient, the largest servicer of student loans in the country, handles loans for around 12 million people. A lawsuit filed on Wednesday by the Consumer Financial Protection Bureau and two state attorneys general claims borrowers were wrongly steered in …Student loan servicer Navient hit with […]