Apple and oil lead Wall Street higher
(Reuters) – Wall Street climbed on Monday, boosted by Apple’s sixth straight day of gains and by a surge in oil prices to their highest levels since 2014.
Telecom Italia reappoints CEO Genish
PARIS (Reuters) – Telecom Italia (TIM) reappointed Amos Genish as its chief executive on Monday, French media group Vivendi said in a statement.
Go to Omaha, young man: Chinese investors flock to Buffett
OMAHA, Neb. (Reuters) – China’s growing middle class is becoming a bigger force in global tourism. For a case in point, look no further than Nebraska the week of the Berkshire Hathaway Inc annual shareholders’ meeting.
Nestle and Starbucks strike $7.15 billion coffee licensing deal
LOS ANGELES/LONDON (Reuters) – Swiss-based Nestle, the world’s largest food and beverage company, will pay Starbucks Corp $7.15 billion in cash for exclusive rights to sell the U.S. chain’s packaged coffees and teas around the world, tying a premium br…
Wall Street climbs on oil rally, tech gains
(Reuters) – Wall Street rose on Monday as energy stocks were boosted by U.S. crude hitting $70 per barrel for the first time since late 2014, while technology shares were lifted by Apple’s sixth day of gains.
Investor Carl Icahn sells stake in AIG: sources
(Reuters) – Billionaire investor Carl Icahn has sold his stake in American International Group Inc , ending a more than two-year association with one of the largest U.S. property and casualty insurers, according to a person familiar with the matter.
Walmart to restrict opioid dispensing at its pharmacies
(Reuters) – Walmart Inc said on Monday it would restrict initial acute opioid prescriptions to no more than a seven-day supply as the retailer aims to curb an opioid epidemic that has plagued the United States.
In Omaha, preparing for change at Berkshire Hathaway
OMAHA, Neb. (Reuters) – The first question Warren Buffett was asked at Berkshire Hathaway Inc’s annual meeting on Saturday was whether he was “semi-retired,” having given four lieutenants oversight over the company’s operating businesses and some inve…
Wall Street lifted by gains in oil, technology shares
(Reuters) – Wall Street was higher on Monday as U.S. crude hit $70 per barrel for the first time since late 2014, while shares of technology companies were lifted by Apple’s sixth day of gains.
Buffett bashes bitcoin as thriving on mystique, favors stocks
NEW YORK (Reuters) – Billionaire investor Warren Buffett on Monday said buyers of bitcoin, which he has characterized as “rat poison squared,” thrive on the hope they’ll find other people who will pay more for it.
