Lockheed Martin Corp has been awarded a U.S. Air Force contract worth up to $2.9 billion for three missile warning satellites, the Air Force said on Tuesday.
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway Inc boosted its investments in Goldman Sachs Group Inc and Israel’s Teva Pharmaceutical Industries Ltd during the second quarter and … …read more […]
Edward Lampert wants to slim Sears down so it can stay standing. Lampert, the chief executive officer of Sears as well as its largest shareholder, is proposing to use his hedge fund ESL Investments Inc. to buy the store’s Kenmore and Sears Home Improvement businesses at a valuation of around $470 million, according to a regulatory filing Tuesday. “We are prepared to move as quickly as possible to complete these transactions, which is in the best interest of all parties involved,” ESL said in a emailed statement to Bloomberg News. …read more […]
The ‘Oracle of Omaha’ has started embracing tech and it’s paying off for Berkshire Hathaway. …read more […]
Tesla Inc’s board named a special committee of three directors on Tuesday to decide what to do about Chief Executive Elon Musk’s potential offer to take the electric carmaker private, although Musk has yet to make a formal offer and is still negotiating to hire advisers needed to do a deal.
Tribune Media Co said Tuesday it will pay bonuses to executives who worked for more than 15 months on its failed merger with Sinclair Broadcast Group Inc .
Warren Buffett’s Berkshire Hathaway Inc boosted its investments in Goldman Sachs Group Inc and Israel’s Teva Pharmaceutical Industries Ltd during the second quarter and confirmed it has expanded its already huge bet on iPhone maker Apple Inc .
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) boosted its investments in Goldman Sachs Group Inc (GS.N) and Israel’s Teva Pharmaceutical Industries Ltd (TEVA.TA) during … …read more […]
Kroger Co has partnered with Alibaba Group Holding Ltd to sell nuts, supplements and other products in China, venturing outside the United States for the first time in what is fast becoming a fierce global battle to dominate online grocery sales.
Bayer AG unit Monsanto faces long odds on an appeal blaming an “inflamed” jury and “junk science” for a verdict of $289 million in damages to a man who said the company’s Roundup weed killer caused his cancer, according to some legal experts.
Lockheed Martin Corp has been awarded a $2.9 billion U.S. defense contract for three Next Generation Overhead Persistent Infrared Geosynchronous Earth Orbit Space Vehicles, the Pentagon said on Tuesday.
Verizon Communications Inc. announced deals making Apple Inc. and Google its first video providers for a superfast 5G wireless service the company plans to launch in four cities later this year. The home broadband service will debut in Los Angeles, Houston and Sacramento, California, as well as the newly announced fourth city of Indianapolis, Verizon said Tuesday in a statement. With the introduction, Verizon will provide 5G customers either a free Apple TV box or free subscription to Google’s YouTube TV app for live television service, according to people familiar with the plan. …read more […]
Verizon Communications Inc. is close to deals making Apple Inc. and Google its first video providers when it launches a superfast 5G wireless service in four cities later this year, according to people familiar with the situation. Under the deals, which could be announced as soon as Tuesday, Verizon will offer 5G customers a free Apple TV box or a free subscription to Google’s YouTube TV app for a live television service, said the people, who asked not to be identified because the agreements haven’t been announced. After shelving its own online TV effort, New York-based Verizon decided …read more […]
Kroger Co has partnered with Alibaba Group Holding Ltd to sell its private label products in China, venturing outside the United States for the first time in what is fast becoming a fierce global battle to dominate online grocery sales.
Two major Tesla Inc shareholders cut their stakes in the electric automaker during the second quarter, before Chief Executive Elon Musk announced he would try to take the company private this month.
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