Author Archives: Syndicated Content
Berkshire reduces Wells Fargo, JPMorgan, Goldman stakes; adds Barrick Gold
(Reuters) - Warren Buffett's Berkshire Hathaway Inc said on Friday it has reduced its investments in some of the largest U.S. banks, lowering its stakes in Wells Fargo & Co and JPMorgan Chase & Co and...
Aug 14, 2020
U.S. judge dismisses NRA lawsuit challenging gun shop closures in New York state
By Jonathan Stempel NEW YORK (Reuters) - A federal judge on Friday dismissed the National Rifle Association's lawsuit challenging New York's decision to close gun stores in the state in the early stag...
Aug 14, 2020
Activist investor Starboard slashes eBay holding in second quarter, filing shows
By Svea Herbst-Bayliss BOSTON (Reuters) - Starboard Value said on Friday that it sold nearly three quarters of its stake in eBay Inc during the second quarter when the activist investment firm also en...
Aug 14, 2020
Brazilian gaming company reaches $3 billion valuation with new investment
By Peter Frontini SAO PAULO (Reuters) - Brazilian gaming company Wildlife Studios said on Friday it had raised $120 million from Vulcan Capital, a fund tied to Microsoft co-founder Paul Allen, which n...
Aug 14, 2020
Obama says he worries about Trump’s efforts to ‘kneecap’ Postal Service
DETROIT (Reuters) - Former President Barack Obama said on Friday he worries about protecting the integrity of November's election in view of efforts by President Donald Trump to "kneecap" the U.S. Pos...
Aug 14, 2020
Whiting Petroleum CEO to resign after it emerges from bankruptcy
(Reuters) - Whiting Petroleum Corp said on Friday Chief Executive Officer Bradley Holly would resign after the company emerges from Chapter 11 bankruptcy, even though it had paid him $6.4 million in b...
Aug 14, 2020
Cheptegei smashes 5,000 metres world record at Monaco Diamond League
MONACO (Reuters) - Uganda's Joshua Cheptegei produced a brilliant display of solo running to break Kenenisa Bekele's 16-year-old 5,000 metres world record by almost two seconds at the Monaco Diamond L...
Aug 14, 2020
Big U.S. funds gorged on tech stocks and gold in second quarter: 13F filings
By Svea Herbst-Bayliss and David Randall BOSTON/NEW YORK (Reuters) - Prominent fund managers dove into technology and consumer stocks during the second quarter, helping fuel a rally that has pushed th...
Aug 14, 2020
Mystery of the dimming of massive star Betelgeuse explained
By Will Dunham WASHINGTON (Reuters) - Astronomers have determined the cause of the dramatic dimming observed last year and earlier this year of one of the brightest stars in the night sky, a colossus ...
Aug 14, 2020
Guyana nominates Trump pick to head Latam bank as its own candidate
By Andrea Shalal WASHINGTON (Reuters) - Newly oil-producing Guyana has co-nominated White House adviser Mauricio Claver-Carone as its own candidate for the presidency of the Inter-American Development...
Aug 14, 2020
