Buffett: willing to partner with 3G again on ‘very large’ deals
(Reuters) – Warren Buffett on Saturday said Berkshire Hathaway Inc would team up again with 3G Capital on more transactions, perhaps very large ones, despite criticism of the Brazilian firm’s slashing of too many jobs at HJ Heinz & Co.
U.S. court upholds Sotheby’s poison pill, rejects hedge fund’s bid
BOSTON (Reuters) – A U.S. court rejected activist hedge fund manager Daniel Loeb’s bid to force auction house Sotheby’s to remove its shareholder rights plan, which limits the amount of stock he can buy.
Buffett: BNSF railroad will spend money to improve, not on acquisitions
OMAHA (Reuters) – Warren Buffett, chairman of conglomerate Berkshire Hathaway , on Saturday said that railroad BNSF will spend to improve its operations but is not planning to acquire any other businesses.
Pfizer U.S. research jobs jeopardized by promises to UK for merger
NEW YORK (Reuters) – Employees at Pfizer Inc’s U.S. research centers, such as the La Jolla, California site that specializes in cancer drugs, may want to dust off their resumes if the company’s proposed acquisition of Britain’s AstraZeneca comes to fru…
Bond, stock investors making hay; can both be right?
NEW YORK (Reuters) – With U.S. stocks near record highs and Treasury bond yields near multi-month lows, the disconnect between equity and debt investors has rarely been as stark. Over the coming months, the economy is likely to show one of the groups h…
Old workers return, new hires arrive, as construction jobs grow
LOS ANGELES (Reuters) – When the U.S. economy crashed in 2008, following the implosion of the housing market, Dave Klein’s southern California construction company almost folded.
U.S. jury orders Samsung to pay Apple $120 million
SAN JOSE, California (Reuters) – A U.S. jury on Friday ordered Samsung Electronics Co Ltd to pay $119.6 million to Apple Inc, far less than Apple had sought and marking a big loss for the iPhone maker in the latest round of their globe-spanning mobile …
Carrefour looking to exit India wholesale ops: media reports
MUMBAI (Reuters) – French retail giant Carrefour SA has begun making plans to exit its India wholesale operations, the Times of India reported on Saturday.
Japan considers tax breaks to promote investment, help companies: report
TOKYO (Reuters) – Japan is considering expanding tax breaks and loosening some rules to promote investment in start-ups as part of the second installment of the government’s economic growth strategy, the Nikkei newspaper reported on Saturday.
Nevada court rejects U.S. request on Okada probe, says Wynn suit can proceed
LAS VEGAS (Reuters) – A Nevada state judge ruled on Friday that a civil lawsuit between Wynn Resorts and Japanese billionaire Kazuo Okada could proceed, rejecting the U.S. government’s request to keep it on hold for another six months to protect the id…
