Marvel’s “Avengers: Infinity Wars” has been a box office smash since its release. And the third movie in the Avengers franchise broke a new record this weekend, too, becoming the fastest film to cross the $1 billion mark. “This speedy sprint toward the coveted and exclusive $1 billion club is […]
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Warren Buffett tackles the internet’s burning question: Battle 1 horse-sized duck or 100 duck-sized horses?
Warren Buffett faced an infamous internet question on Monday: Would you rather battle one horse-sized duck or 100 duck-sized horses? “I will go out and buy a bunch of ducks that meet the test and horses that meet the test and go have a real life illustration,” Buffett said on […]
Giuliani’s media blitz defending Trump is off to rough start
President Donald Trump’s new attorney, Rudy Giuliani, is off to a rough start in his media blitz defending Trump’s stance toward the special counsel’s Russian investigation and a $130,000 porn star hush payment. Giuliani’s confounding and at times contradictory statements are said to have pleased Trump, exasperated White House aides […]
Warren Buffett: Changing consumer habits are hitting Coca-Cola and Kraft
Coca-Cola and Kraft Heinz are very good businesses but they don’t look as good as they did 10 years ago, billionaire investor Warren Buffett told CNBC on Monday. “There are two reasons for that,” the chairman and CEO of Berkshire Hathaway said in a “Squawk Box” interview. “One is people […]
Trump defends CIA pick Gina Haspel as ‘tough on terror’
President Donald Trump is defending Gina Haspel, his nominee to head the Central Intelligence Agency, who has come under fire because of her involvement in detaining and brutally interrogating terror suspects after 9-11. Trump says Democrats want to defeat Haspel’s nomination because she is “too tough on terror.” Trump calls […]
Warren Buffett: If a $100 billion deal that we like came along, ‘we’d get it done’
Berkshire Hathaway‘s Warren Buffett said Monday he is looking to invest more of his company’s massive cash horde, adding the conglomerate would pull the trigger on a $100 billion deal if the right one presented itself. “If a $100 billion deal came along that [Vice Chairman Charlie Munger] and I […]
Carlyle is set to close a new $6.5 billion Asia fund
Carlyle Group is set to close its biggest-ever Asia private equity fund at $6.5 billion, people with direct knowledge of the matter said, in a deal that adds to the record levels of funds seeking deals in the region. The private-equity giant had initially targeted a fund of $5 billion […]
NAFTA talks enter a critical week with the US still pushing a hard line
Talks to update the NAFTA trade deal enter a make-or-break week on Monday, as ministers from Canada, the United States, and Mexico seek to resolve an impasse in key areas before elections in Mexico and the United States complicate the process. Discussions in Washington will center on rules of origin […]
Nestle to pay $7.15 billion to Starbucks to jump-start coffee business
Swiss-based food giant Nestle will pay Starbucks $7.15 billion in cash for the rights to sell the U.S. coffee chain’s products around the world in a global alliance aimed at reinvigorating their coffee empires. The deal on Monday for a business with $2 billion in sales reinforces Nestle’s position as […]
Hezbollah reportedly on track to extend political gains in Lebanon
Lebanon’s first national election in nine years could result in a stronger Hezbollah, preliminary results show, following an election marred by low voter turnout amid frustration over the country’s endemic corruption problems. Shia-militant group Hezbollah and its political allies were thought to be on course to win more than half […]