In a statement NBCUniversal announced a management reshuffle which saw the entertainment and sports division consolidate under Mark Lazarus, chairman of TV and streaming at NBCUniversal. As part of the management shuffle, Andy Lack who headed the news division will… Read More ›
CNBC
Data will decide on next ECB policy: Francois Villeroy de Galhau
ECB policymaker Francois Villeroy de Galhau highlighted the ECB’s resolve to not be swayed by market wings. Economic data will be the determining factor for its next policy move. In an interview on Monday, ECB policymaker Francois Villeroy de Galhau… Read More ›
CBS Corp preparing merger talks with Viacom Inc: CNBC
Merger talks are likely to begin in mid-June. According to a CNBC report citing sources familiar with the matter at hand, the board of CBS Corp is preparing for merger talks with Viacom Inc. The merger talks between the two… Read More ›
Berkshire Hathaway Inc discloses $861 million stake in Amazon.com
Berkshire Hathaway Inc position in Amazon.com was made in a regulatory filing. Many investors monitor Berkshire’s quarterly filings for signs of which companies Buffett, Weschler and Combs see value. In a regulatory filing, Warren Buffett’s Berkshire Hathaway Inc disclosed that… Read More ›
Tesla case is settled despite Musk’s “Shortseller Enrichment Commission” tweet: Jay Clayton
Jay Clayton, the Chairman of the SEC, appeared to be unaware of Musk’s October 4 tweet which described the SEC as the “Shortseller Enrichment Commission”. Despite Tesla’s Chief Executive Elon Musk’s mocking tweet on the chairman of the U.S. Securities… Read More ›
Warren Buffet’s Berkshire Hathaway bets heavily on Apple
If you are looking to invest in the U.S. stock market, here are a few pointers from billionaire investor Warren Buffet. On Monday, the Chairman and CEO of Berkshire Hathaway Inc told CNBC that his conglomerate had purchased 120 million… Read More ›