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Reuters Money
Dec 14, 2018

Investors sell record $39 billion of stocks in past week: BAML
Investors cashed out of equity funds at a record pace over the past week, with redemptions hitting $39 billion, Bank of America Merrill Lynch (BAML) said on Friday.

Reuters Money
Dec 13, 2018

Record $46 billion pulled from U.S.-based stock funds in latest week: Lipper
Record cash streamed out of U.S.-based stock funds and billions more fled bonds in a week of apparently escalated caution, Lipper data showed on Thursday.

Reuters Money
Dec 13, 2018

U.S. fund investors pull record $46 billion from stocks in latest week: Lipper
Investors pulled record cash from U.S.-based stock funds and pulled billions more from bonds in a week of escalated caution, Lipper data showed on Thursday.

Reuters Money
Dec 13, 2018

Standard Chartered axes over 200 jobs in India: source
Standard Chartered Plc has laid off over 200 employees in India in its retail banking division, as more customers move to digital services, a person familiar with the matter told Reuters on Thursday.

Reuters Money
Dec 13, 2018

A higher Social Security retirement age comes with risks for many workers
Is it time to raise the Social Security retirement age? The idea crops up often as a partial fix for the long-term financial challenges facing the program.

Reuters Money
Dec 12, 2018

U.S. fund investors compound pain for bond markets
U.S. fund investors sold more bonds in December's opening days, the Investment Company Institute (ICI) said on Wednesday, putting even more of a chill on markets where companies and governments...

Reuters Money
Dec 11, 2018

DoubleLine's Gundlach says S&P 500 likely to go below February 2018 lows
Jeffrey Gundlach, chief executive of DoubleLine Capital, said Tuesday on an investor webcast that the Standard & Poor's 500 Index is likely to go below its February 2018 lows.

Reuters Money
Dec 11, 2018

DoubleLine's Gundlach says S&P 500 likely to go below its February 2018 lows
Jeffrey Gundlach, chief executive of DoubleLine Capital, said Tuesday on an investor webcast that the Standard & Poor's 500 Index is likely to go below its February 2018 lows.

Reuters Money
Dec 11, 2018

DoubleLine's Gundlach says S&P 500 likely to go below its Feb 2018 lows
Jeffrey Gundlach, chief executive of DoubleLine Capital, said Tuesday on an investor webcast that the Standard & Poor's 500 Index is likely to go below its February 2018 lows.

Reuters Money
Dec 11, 2018

Struggling hedge funds cling to dollar, U.S. yield curve bets: McGeever
Hedge funds have struggled badly in 2018, but would be faring far worse were they not on the right side of two of the most reliable trades of the year: a flattening U.S. yield curve and a stronger...

Reuters Money
Dec 10, 2018

Wells Fargo won't be allowed to grow unless problems fixed: Fed's Powell
Wells Fargo & Co must keep a lid on its growth until the bank has hardened its risk management policies to prevent any further abuse of its customers, said Jerome Powell, chairman of the Federal...

Reuters Money
Dec 10, 2018

In a tight labor market, companies bet big on five-year rewards
In the old days, longtime employees in the United States were honored with a gold watch after 30 years or so at a company.

Reuters Money
Dec 07, 2018

Investors flee bonds and stocks in turbulent week for growth and trade
Investors pulled billions from bonds and stocks this week as U.S. bond movements triggered fears over global growth and a trade tussle between the United States and China heated up, strategists at...

Reuters Money
Dec 07, 2018

Medicare Advantage plans get unfair push from U.S. government: critics
Insurance companies do not need any help marketing Medicare Advantage plans - just ask anyone over age 65 about the pitches that clog their mailboxes every year during the fall enrollment period, or...

Reuters Money
Dec 06, 2018

Employee rights group says Wells Fargo declined planned meeting
A union-backed bank employee rights group is complaining after Wells Fargo & Co declined to meet with members last week, according to a letter sent to Chief Executive Tim Sloan viewed exclusively by...

Reuters Money
Dec 06, 2018

BlackRock's Rieder buying longer-term bonds as Fed pause seems likely
BlackRock Inc's Rick Rieder is buying longer-term bonds because softening inflation could force the U.S. Federal Reserve to pause interest rate hikes, the top fixed-income investor told Reuters this...

Reuters Money
Dec 05, 2018

First steps towards a life of giving back
Here is some good news to hold onto this holiday season: Americans are giving more than ever.

Reuters Money
Dec 04, 2018

DoubleLine's Gundlach says Treasuries point to economy ready to weaken
Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said the U.S. Treasury yield curve inversion on short-end maturities was signaling the "economy is poised to weaken."

Reuters Money
Dec 04, 2018

DoubleLine's Gundlach: Treasury curve inversion signal 'economy poised to weaken'
Jeffrey Gundlach, Chief Executive Officer of DoubleLine Capital, says the U.S. Treasury yield curve inversion on short end maturities are signaling that the "economy is poised to weaken."

Reuters Money
Dec 03, 2018

U.S. top court signals it will buttress anti-fraud securities laws
U.S. Supreme Court justices on Monday appeared reluctant to further limit the scope of who can be held liable for violating laws that protect investors from securities fraud as they weighed an appeal...

Reuters Money
Dec 03, 2018

U.S. Supreme Court appears reluctant to narrow securities laws
U.S. Supreme Court justices on Monday appeared skeptical of further limiting the scope of who can be held liable for violating laws that protect investors from securities fraud as they weighed an...

Reuters Money
Dec 03, 2018

Supreme Court appears reluctant to narrow securities laws
U.S. Supreme Court justices on Monday appeared skeptical of further limiting the scope of who can be held liable for violating laws that protect investors from securities fraud as they weighed an...

Reuters Money
Dec 03, 2018

Moelis hires from BlackRock, hedge fund for activist defense team
Investment bank Moelis & Co said on Monday it has hired an executive from the world's largest index fund manager, BlackRock Inc, as well as a hedge fund professional, for its team advising companies...

Reuters Money
Dec 03, 2018

Can better cancer care lower company's health costs?
When companies try to tackle rising healthcare costs, shifting more of the burden to employees is increasingly the strategy of choice.

Reuters Money
Nov 30, 2018

Losses at Einhorn's hedge fund Greenlight grow in November
Billionaire investor David Einhorn told investors on Friday that losses at his hedge fund Greenlight Capital grew this month, leaving the fund down nearly 28 percent for the year.

Reuters Money
Nov 30, 2018

Equities fund Brenham Capital to shut as energy stocks plunge
Brenham Capital Management LP, an energy equities fund manager with about $800 million in assets under management, will shut after two years of losses, its founder said in a letter to investors on...

Reuters Money
Nov 29, 2018

U.S. mutual fund sales signal retail investor caution
U.S. mutual fund investors pulled $13.7 billion from stocks and bonds during the latest week, according to data released on Thursday by Lipper underscoring retail investors' rising concerns over...

Reuters Money
Nov 29, 2018

U.S. fund investors pull $8.5 billion from stocks during week: Lipper
U.S. fund investors pulled $8.5 billion out of the stock market during the latest week, the most in three weeks, Lipper data showed on Thursday.

Reuters Money
Nov 29, 2018

Column: Future U.S. seniors to face housing crunch as wealth declines
American homes are showing their age - not the houses, but the people living in them.

Reuters Money
Nov 28, 2018

Pimco buys all of $3 billion UniCredit bond: sources
U.S. fund Pacific Investment Management Co (Pimco) has bought all of a $3 billion, five-year bond offered with a hefty return by Italy's top bank UniCredit to comply with capital buffer rules, two...

Reuters Money
Nov 28, 2018

Pimco buys all of $3 billion UniCredit bond - source
U.S. fund Pacific Investment Management Co (Pimco) has bought all of a $3 billion, five-year bond Italy's top bank UniCredit has issued to comply with rules on loss-absorbing securities, a source...

Reuters Money
Nov 28, 2018

Money disasters can derail retirement
Karyn Golden's income was approaching $200,000 as she lived a carefree single existence at the peak of her career in Chicago, 20 years ago. She brokered real estate deals, served on boards and...

Reuters Money
Nov 27, 2018

Medicine or vice? Socially screened funds struggle to define cannabis industry
The $8 trillion U.S. socially responsible investment industry is grappling with that question as more states approve the recreational use of cannabis, pushing consumption closer to "sin" stocks like...

Reuters Money
Nov 27, 2018

Ex-Morgan Stanley adviser gets five years in U.S. prison for fraud
A former Morgan Stanley adviser was sentenced to five years in prison on Tuesday after he admitted that he misused client funds to invest in a wind farm project and to cover his own personal...

Reuters Money
Nov 27, 2018

Hedge funds' historic U.S. rate view shift switches to 5-year bonds: McGeever
A couple of weeks ago it was 10-year Treasuries, last week 5-year bonds: hedge funds are shifting their view of the Fed and U.S. interest rates by magnitudes rarely seen before.

Reuters Money
Nov 26, 2018

Campbell ends proxy fight with Third Point, adds directors
Campbell Soup and Third Point LLC settled their proxy contest on Monday by adding two of the hedge fund's nominees to the U.S. food company's board and giving the activist investor a say in selecting...

Reuters Money
Nov 26, 2018

How to do more good with your charitable dollars
Doing double the good with your charitable dollars sounds like a no-brainer, but investors are just starting to catch on.

Reuters Money
Nov 20, 2018

DoubleLine's Gundlach: Now is the time for capital preservation
Jeffrey Gundlach, who runs DoubleLine Capital, said on Tuesday that investors should focus on capital preservation and avoid corporate bonds and Treasuries as inflationary pressures intensify.

Reuters Money
Nov 20, 2018

Hedge fund Elliott raises pressure on Mitek after takeover bid rejected
Hedge fund Elliott Management on Tuesday asked Mitek Systems Inc to scrap a so-called poison pill to let it buy more stock and said it may press for board changes after the software company took...

Reuters Money
Nov 20, 2018

Former energy executive David Crane is on a mission to save the planet
What if one of the largest U.S. coal-burning utilities became a leader in green energy? When David W. Crane was chief executive of NRG Energy, he pursued that vision, pushing the company to transform...

Reuters Money
Nov 19, 2018

Is impact investing too good to be true?
There is more to socially responsible investing than just avoiding stocks that are against your principles, whether it be guns or tobacco or bad environmental practices.

Reuters Money
Nov 19, 2018

Hedge funds' historic bond bet swing suggests Fed close to cycle end: McGeever
A potentially huge shift is underway in the U.S. bond market, underscored by a historic swing in hedge fund positions: investors are beginning to think the U.S. economy is close to peaking and the...

Reuters Money
Nov 19, 2018

Your Money: Is impact investing too good to be true?
There is more to socially responsible investing than just avoiding stocks that are against your principles, whether it be guns or tobacco or bad environmental practices.

Reuters Money
Nov 16, 2018

Fidelity names tech executive Neff to run asset management
Fidelity Investments on Friday named technology executive Steve Neff to run its big asset management division, a move that shows the growing importance of data systems for fund companies.

Reuters Money
Nov 16, 2018

Eaton Vance's Gaffney sees opportunity in emerging market-denominated bonds
There are untapped opportunities in corporate debt securities denominated in emerging-market currencies, Eaton Vance's director of diversified fixed-income said at the Reuters Global Investment 2019...

Reuters Money
Nov 16, 2018

Tired of house calls, Alli Webb built a Drybar styling empire
A decade ago, Alli Webb was a hair stylist who made house calls, driving all over Los Angeles to shampoo, style, and blow-dry clients' hair before big nights out.

Reuters Money
Nov 15, 2018

Goldman CEO 'personally outraged' by Malaysia's 1MDB corruption scandal
Goldman Sachs Group Inc Chief Executive Officer David Solomon has told employees he is "personally outraged" that any of the bank's officials would take the actions laid out in U.S. government...

Reuters Money
Nov 15, 2018

Wells Fargo plans 1,000 U.S. job cuts
Wells Fargo & Co said on Thursday it notified about 1,000 employees in its Consumer Lending and Payments, Virtual Solutions and Innovations groups of plans to eliminate their positions.

Reuters Money
Nov 15, 2018

DoubleLine Capital LP warns on U.S. investment-grade bonds
DoubleLine Capital LP portfolio manager Monica Erickson has a problem. She thinks the investment-grade corporate bond market, which is her specialty, is the worst place to be for bond investors.

Reuters Money
Nov 15, 2018

Wells Fargo plans to cut 1,000 positions in U.S.: spokesperson
Wells Fargo & Co. said on Thursday the bank given has given notice to team members in its Consumer Lending and Payments, Virtual Solutions and Innovations groups that it plans to eliminate roughly...

Reuters Money
Nov 15, 2018

U.S. big investors' best investment ideas for 2019
The best investment ideas for 2019 range from buying local currencies in emerging markets to picking up beaten-down casino stocks to holding on to bank loans, according to investors who appeared this...

Reuters Money
Nov 15, 2018

Third Point gains ISS, Glass Lewis support in Campbell proxy fight
Shareholder advisory firms Institutional Shareholder Services and Glass Lewis backed a push by Daniel Loeb's hedge fund to make changes at Campbell Soup Co , including replacing some board members.

Reuters Money
Nov 15, 2018

How U.S. seniors on Medicare can bridge the gap in dental insurance
During a recent visit to my dentist, we got talking about his frustrations with Medicare. "It's amazing - they have managed to eliminate teeth from the human body."

Reuters Money
Nov 14, 2018

Proxy advisory firm ISS favors vote for Third Point nominees at Campbell
Shareholder advisory firm Institutional Shareholder Services on Wednesday recommended that Campbell Soup Co investors elect all five of Third Point hedge fund's board nominees, giving a boost to the...

Reuters Money
Nov 14, 2018

Proxy advisory firm ISS recommends for all Third Point nominees at Campbell
Shareholder advisory firm Institutional Shareholder Services on Wednesday recommended that Campbell Soup Co investors elect all five of hedge fund Third Point's board nominees, giving a boost to the...

Reuters Money
Nov 14, 2018

PG&E rout may be hitting hedge funds after raised bets before fire
Prominent hedge funds, including Baupost Group and Viking Global Investors, may be bearing the brunt of utility PG&E Corp's tumbling share price after raising bets on the utility in the months ahead...

Reuters Money
Nov 14, 2018

Berkshire invests in JPMorgan, Oracle as Buffett puts cash to work
Warren Buffett's Berkshire Hathaway Inc on Wednesday said it had taken stakes in JPMorgan Chase & Co, Oracle Corp and Travelers Cos, as the conglomerate puts some of its large cash hoard to work.

Reuters Money
Nov 14, 2018

Esplanade's Kravetz bullish on casinos, Apple; sees turbulence for discount stores
Strong U.S. consumer holiday spending will not boost retailers across the board but instead benefit winners like Apple Inc that have signature products, Esplanade Capital's Shawn Kravetz said at the...

Reuters Money
Nov 14, 2018

Ackman's Pershing Square exits Mondelez in favor of other bets
Billionaire investor William Ackman has turned his back on snack maker Mondelez International and put the money into potentially more lucrative bets, including global coffee company Starbucks and...

Reuters Money
Nov 14, 2018

U.S. senators introduce bill to rein-in proxy advisers
Six U.S. senators on Wednesday introduced a bill that would require the U.S. securities watchdog to directly regulate firms such as Glass, Lewis & Co and Institutional Shareholder Services, which...

Reuters Money
Nov 14, 2018

Ackman's Pershing Square exits Mondelez, sees better places to invest
William Ackman' hedge fund Pershing Square Capital Management sold out of snack maker Mondelez International during the third quarter some three years after first making the investment.

Reuters Money
Nov 14, 2018

How to make the most of your college tax breaks
All that tuition you pay has one silver lining: tax breaks.

Reuters Money
Nov 13, 2018

Boring is 'amazing' for steady returns: Epoch's Van Valen
The gains of internet-related stocks in recent years have cast a shadow over what a dull but steady income stream from dividends can do for investors.

Reuters Money
Nov 13, 2018

U.S. recession unlikely before 2020, and then 'wok' shaped
U.S. President Donald Trump may just escape having to grapple with a recession before the U.S. Presidential elections in 2020, with investors saying it is unlikely one will occur before then.

Reuters Money
Nov 13, 2018

Even after sell-off, Blackstone's Wien avoids gloom on U.S. stocks
U.S. stocks have been battered over the last few weeks but a senior executive at Blackstone Group LP, one of the world's most influential asset managers, said there is no cause to be overly worried...

Reuters Money
Nov 13, 2018

Emerging debt, unlike most fixed income, not expensive: TCW's Foley
Emerging market debt is a rare fixed-income class that does not look too expensive, and could be an even more attractive investment if the U.S. dollar weakens, according to Penny Foley, portfolio...

Reuters Money
Nov 13, 2018

More pain in store for Italian bonds: NN IP CIO
Italian assets have further to fall before prices start to look attractive but the selloff will not trigger 2012-style contagion across the euro zone or require the ECB to step in, NN Investment...

Reuters Money
Nov 13, 2018

Idol Father: Life Lessons with Chris Daughtry
You do not even have to win on a talent competition show like "American Idol" to launch yourself on a path to selling more than eight million albums.

Reuters Money
Nov 12, 2018

Hedge funds resume attack on sterling as Brexit fears mount: McGeever
(The opinions expressed here are those of the author, a columnist for Reuters.)

Reuters Money
Nov 12, 2018

Bernstein sees no U.S. bear market soon despite 'slow bleed' overhang
Six weeks of unusual U.S. stock market volatility are not dampening longtime market strategist Richard Bernstein's view that share prices will keep rising, even though the nine-year U.S. economic...

Reuters Money
Nov 12, 2018

Guggenheim's Minerd says high corporate debt bodes ill for U.S. economy
Guggenheim Partners Global Chief Investment Officer Scott Minerd warned on Monday that the U.S. economy is on a collision course due to excessive corporate debt and said he has prepared by buying...

Reuters Money
Nov 12, 2018

Citron's Left calls Tilray surge its 'worst day ever' in market
Andrew Left, one of Wall Street's most prominent short-sellers, said Tilray Inc gave his firm its "worst day ever in the market" two months ago when its shares almost doubled in one session, but he...

Reuters Money
Nov 12, 2018

Rabobank explores sale of U.S. retail, wealth operations: sources
Dutch cooperative lender Rabobank is exploring the sale of its retail and wealth management operations in the United States in a deal that could top $1 billion, people familiar with the matter said...

Reuters Money
Nov 12, 2018

Citron's Left makes U-turn and now sees value in China
Andrew Left, whose Citron Research has published critical reports on Chinese companies and profited when their shares dropped, is now making a contrarian call by going long on some.

Reuters Money
Nov 12, 2018

Sustainable investing's secret weapon: Public pensions
(The writer is a Reuters contributor. The opinions expressed are his own.)

Reuters Money
Nov 12, 2018

Foreigners sold Asian equities in October on worries over trade, slowing growth
Foreign investors sold Asian equities heavily in October on concerns over slowing earnings, higher U.S. interest rates and trade tensions between the United States and China.

Reuters Money
Nov 09, 2018

CI Investments slightly increase SPDR gold holdings in third quarter: filing
CI Investments Inc [CIXCI.UL] slightly boosted its holdings in the world's biggest gold-backed exchange-traded fund during the third quarter, a U.S. Securities and Exchange Commission 13F filing...

Reuters Money
Nov 08, 2018

U.S. sues UBS, alleges crisis-era mortgage securities fraud
The U.S. government on Thursday filed a civil fraud lawsuit accusing UBS Group AG, Switzerland's largest bank, of defrauding investors in its sale of residential mortgage-backed securities leading up...

Reuters Money
Nov 08, 2018

Wells Fargo to combine private bank with ultra-rich client business
Wells Fargo & Co said on Thursday it is restructuring its wealth and investment management business to combine its two high-net worth operations, the private bank and Abbot Downing, under a new unit...

Reuters Money
Nov 08, 2018

Wells Fargo plans to combine private bank, ultra-high-net-worth units: Bloomberg
Wells Fargo & Co plans to combine its ultra-high-net-worth business and its private bank under one leader, Bloomberg reported on Thursday, citing an internal memo https://bloom.bg/2Pmb9h5.

Reuters Money
Nov 08, 2018

CBS anchor Jeff Glor's first detour was through dentistry
If you think you have big shoes to fill at work, take a moment to consider Jeff Glor.

Reuters Money
Nov 08, 2018

A better way to 'live forever,' even for nonbillionaires
Some Silicon Valley billionaires are looking for it - or at least a way to extend life spans dramatically, perhaps by hundreds of years.

Reuters Money
Nov 08, 2018

UBS faces new legal battle in U.S. over mortgage securities
UBS Group AG , Switzerland's largest bank, faces a another potentially costly legal battle as the U.S. Department of Justice is preparing civil charges over the sale of mortgage-backed securities in...

Reuters Money
Nov 08, 2018

Securities lending boom sparks concerns on returns and voting
Securities lending by investment funds has reached its highest level in a decade, as demand for corporate bonds surged more than 30 percent over the past 18 months and short selling of Tesla and...

Reuters Money
Nov 08, 2018

Australian wealth giant AMP, under pressure, says tougher laws would 'distract'
Struggling Australian wealth manager AMP Ltd fears any new regulation of the finance sector would "distract" participants from acting ethically, it said on Thursday, striking a defiant tone after...

Reuters Money
Nov 07, 2018

UBS expects to be sued by U.S. Justice Department over crisis-era mortgage securities
UBS Group AG, Switzerland's largest bank, said it expects to be sued by the U.S. Department of Justice as early as Thursday on civil charges related to the sale of mortgage-backed securities in the...

Reuters Money
Nov 07, 2018

Japanese investors buying in U.S. bonds hits two-year high in September: MOF data
Japanese investors bought a net 2.5367 trillion yen ($22.34 billion) of U.S. bonds in September, their largest net purchase in more than two years, reversing many months of selling in a move that...

Reuters Money
Nov 07, 2018

UBS expects to be sued by U.S. Justice Dept over crisis-era mortgage securities
UBS Group AG , Switzerland's largest bank, said it expects to be sued by the U.S. Department of Justice as early as Thursday on civil charges related to the sale of mortgage-backed securities in the...

Reuters Money
Nov 07, 2018

U.S. money market fund assets post biggest rise in five months: iMoneyNet
U.S. money market fund assets increased by $27.84 billion in the week ended Nov. 6 to $2.874 trillion, marking their largest weekly rise in five months, the Money Fund Report said on Wednesday.

Reuters Money
Nov 07, 2018

U.S. political gridlock may create investment opportunity
Investors hope the split between Republicans and Democrats controlling the U.S. Congress will open up opportunities to pick new winners and losers because some government policies will be harder to...

Reuters Money
Nov 07, 2018

Investors pull $18.5 billion from U.S. bond funds in one week: ICI
U.S. fund investors fled bonds at the fastest pace since 2013 in the final week of October, worried about rising interest rates and tightening monetary policy, Investment Company Institute (ICI) data...

Reuters Money
Nov 07, 2018

Michigan vote to legalize pot fires up investor momentum behind cannabis
Michigan's vote Tuesday to become the 10th U.S. state where the recreational use of cannabis is legal is adding more momentum to a trend that some investors now say is inevitable: that marijuana will...

Reuters Money
Nov 06, 2018

Wells Fargo executives knew auto insurance program was flawed: lawsuit
Wells Fargo & Co executives were warned that an auto insurance plan could be overcharging customers four years before the bank scrapped the program, according to a complaint released by a judge this...

Reuters Money
Nov 06, 2018

Wells Fargo's wealth management head to retire
Wells Fargo & Co's head of wealth management Jay Welker will retire at the end of March after more than two decades with the San Francisco-based bank.

Reuters Money
Nov 06, 2018

'Ballers' star Rob Corddry had no Plan B if show business failed
If sarcasm were a drug, Rob Corddry would be one of the entertainment world's biggest dealers.

Reuters Money
Nov 05, 2018

Brazil's BTG Pactual profit decreases amid lower trading gains
Latin America's largest independent investment bank, Brazil's Banco BTG Pactual SA, posted a 9.75 percent drop in third-quarter recurring profit on Monday as trading gains fell.

Reuters Money
Nov 05, 2018

Goldman tracking ahead of $5 billion revenue goal by 2020
Goldman Sachs Group Inc is tracking ahead of its goal to generate $5 billion in additional annual revenue by 2020 as growth initiatives bear fruit, its new finance chief said on Monday.

Reuters Money
Nov 05, 2018

Medtech group Medacta readies Swiss IPO next year: sources
Swiss medical technology company Medacta is preparing to float on the SIX Swiss Exchange in spring next year, three people familiar with the matter told Reuters.

Reuters Money
Nov 05, 2018

Exclusive: U.S. digital banking startup Cogni closes $1.7 million seed funding
Cogni Inc, a New York-based digital banking start-up that wants to hold deposits for consumers and book their hotels, flights and movie tickets, recently closed a $1.7 million seed funding round as...

Reuters Money
Nov 03, 2018

Buffett's Berkshire doubles profit, repurchases $900 million stock in third quarter
Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Saturday said its quarterly operating profit nearly doubled as its insurance business dodged hurricanes and benefited...

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