Warren Buffett Cashes Out on GE, Cashing In on Crisis Loan
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Warren Buffett's Berkshire Hathaway is getting out of one of America's oldest companies: General Electric. Berkshire received most of the shares after the investor lent roughly $3 billion to GE in October 2008 during the depths of the financial crisis.
Under Armour CEO to Leave Trump Manufacturing Council
Under Armour CEO Kevin Plank said he would step down from a White House manufacturing-advisory council, the second CEO to depart the forum in the wake of President Trump's response to violent demonstrations
Judge Orders LinkedIn to Allow Startup Access to User Data
A federal judge on Monday ordered LinkedIn Corp. to allow a startup company to scrape data publicly posted by LinkedIn users.
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Pandora Names Sling TV's Lynch as New CEO
Pandora Media said former Sling TV Chief Executive Roger Lynch will lead the Internet-radio company as it faces an increasingly competitive landscape.
D'Oh! Domino's Delivery Struggles With Apostrophes in France
Domino's Pizza Enterprises thought its online delivery platform could be the pièce de résistance of a strategy to fire up sales in France. But it struggled to deal with the abundance of apostrophes.
'The Walking Dead' Creator and Producers Sue AMC
The creator and three other producers of the hit show "The Walking Dead" have filed a suit against AMC Networks Inc. alleging that they've been denied their rightful share of the hit program's profits.
Brazil's JBS Reports Drop in Quarterly Profit
JBS SA reported a sharp drop in quarterly profit amid corruption and food safety scandals that have ensnared the meatpacker, the world's largest supplier of animal protein.
Pemex Chief Took Bribes, Ex-Odebrecht Officials Say
Former officials of Brazilian construction firm say it gave $10 million in bribes to the head of Mexico's state-run oil firm Pemex, partly when he was helping President Enrique Peña Nieto get elected, according to documents and media reports.
John Paulson Turns From Pharmaceutical Bets
John Paulson, the hedge-fund star of the financial crisis, decreased or sold off many of his bets on pharmaceutical companies in the second quarter, filings show.
Transplace to Be Acquired By TPG Capital
Transportation management company Transplace is expected to be acquired from Greenbriar Equity Group in a deal expected to be worth close to $1 billion
(END) Dow Jones Newswires
August 15, 2017 03:15 ET (07:15 GMT)