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Business News

Buffett proposed to invest $3 billion in Uber, but talks failed – Bloomberg

(Reuters) – Billionaire investor Warren Buffett had proposed to invest $3 billion in Uber Technologies Inc [UBER.UL] earlier this year, but the talks failed following disagreements over the terms and size of the deal, Bloomberg reported on Wednesday, citing people familiar with the matter.

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Business News

Wall St. rebounds; worries over Italy ease

NEW YORK (Reuters) – U.S. stocks ended higher on Wednesday, with the S&P 500 and Dow registering their biggest daily percentage gains since May 4, as signs emerged of an easing of political turmoil in Italy and a surge in oil prices boosted energy stocks.

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Trading Ideas

5 Top Stock Trades for Thursday Morning

It’s almost as if nothing happened on Tuesday as U.S. stocks bounced back with a vengeance Wednesday. The S&P 500 and Dow Jones each tacked on about 1.5%, while the Nasdaq tacked on almost 1% after holding up pretty well amid the selloff. With that in mind, here are our top stock trades for Thursday.Top Stock Trades for Tomorrow #1: Salesforce (CRM) …read more […]

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Trading Ideas

What Happens if We All Run Out of Money for Retirement?

If you’re afraid you haven’t saved enough for a secure retirement, you’re not alone. Americans are increasingly anxious about acquiring the financial resources and savings necessary for a solid retirement foundation. In fact, a 2016 survey of more than 3,200 Americans from the financial firm Allianz found that more than 60 percent of baby boomers fear running out of their savings more than death. …read more […]

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Trading Ideas

Barr blames Ambien for tweet; drug maker replies

The maker of Ambien said Wednesday that “racism is not a known side effect” after Roseanne Barr cited the insomnia drug in explaining the tweet that led ABC to cancel her show. Hours after ABC pulled the plug on “Roseanne” because of her offensive tweet about former Obama adviser Valerie Jarrett — and quickly breaking a promise to stay off Twitter — the comedian was busy posting on the social media platform. Barr tweeted that what she did was unforgiveable and urged supporters not to defend her. …read more […]