February 24, 2018

With $116 billion cash, Buffett says Berkshire needs ‘huge’ deals

NEW YORK (Reuters) – Warren Buffett on Saturday lamented his inability to find big companies to buy and said his goal is to make “one or […]
February 24, 2018

Buffett says ‘terrible mistake’ for long-term investors to be in bonds

NEW YORK (Reuters) – Billionaire Warren Buffett prodded ordinary investors on Saturday to stay invested in U.S. stocks, ignoring price swings, guidance from people with fancy […]
February 24, 2018

Buffett says Berkshire can handle $400 billion mega-catastrophe

(Reuters) – A giant hurricane, earthquake or other conflagration inflicting unprecedented, catastrophic damage is likely at some point to strike the United States. Powered by WPeMatico
February 24, 2018

Berkshire boosts liability estimate on AIG reinsurance contract

(Reuters) – Berkshire Hathaway Inc , the conglomerate run by billionaire Warren Buffett, on Saturday disclosed a $1.8 billion increase in estimated claim liabilities under a […]
February 24, 2018

With rates low, Fed officials fret over next U.S. recession

NEW YORK/LOS ANGELES (Reuters) – Federal Reserve policymakers are fretting that they could face the next U.S. recession with an arsenal of policies little different from […]
February 24, 2018

Exclusive: Nordstrom family group finalizing take-private offer – sources

(Reuters) – Nordstrom Inc’s founding family group is finalizing plans to submit an offer to take the U.S. department store operator private, people familiar with the […]
February 24, 2018

Dropbox files for IPO of up to $500 million

(Reuters) – Data-sharing business Dropbox Inc on Friday filed for an initial public offering of up to $500 million with the U.S. Securities and Exchange Commission. […]
February 24, 2018

Geely chairman builds $9 billion stake in Germany’s Daimler

BEIJING/FRANKFURT (Reuters) – The chairman of Chinese carmaker Geely [GEELY.UL] has built up an almost 10 percent stake in Mercedes-Benz owner Daimler , making a $9 […]
February 24, 2018

India’s Choksi claims innocence in PNB fraud with open letter

MUMBAI (Reuters) – Mehul Choksi, one of two businessmen allegedly involved in perpetrating India’s biggest ever banking fraud, broke his silence at the weekend with an […]
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