US medicine spending shows rare dip Total U.S. spending on prescription medicines declined last year, a first in more than half a century. The dip was 1 percent, to $325.8 billion — a 3.5 percent drop after accounting for population growth and economic expansion, according to the IMS Institute for Healthcare Informatics. More
Microsoft may buy Barnes & Noble's Nook unit for $1 billion According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. More
US casino revenue up nearly 5 percent in 2012 Things are looking up for most of the nation’s commercial casinos, as gambling revenue increased by nearly 5 percent last year and jobs held roughly steady. According to the annual survey of casinos by the American Gaming Association, America’s nontribal casinos took in $37.3 billion from gamblers last year, an increase of 4.8 percent over 2011. More
YouTube Claims Victory Over TV - Battle Won With One Billion Visitors Per Month With more than one billion unique visitors every month, YouTube asserted last night that the battle between television and the online video giant is over. YouTube claimed victory with six billion views per month. According to the Wall Street Journal, which cited Mark Mahaney's estimates, a stock analyst at RBC Capital Markets, that YouTube generated about $4 billion in revenue in 2012, up from $2.5 billion in 2011. More
Warren Buffett Invests $5 Billion in Bank of America Bank of America Corp, currently the largest bank in the U.S. by assets, announced on Thursday that it would receive a $5 billion investment from Warren Buffett’s Berkshire Hathaway. The investment announcement had an impact on Bank of America’s shares ... 08/26/2011 - 6:22 am | View Link
Warren Buffett invests $5 billion in Bank of America Bank of America, under fire from shareholders and analysts, is getting a $5-billion investment from Warren Buffett's investment company. The banking giant's stock soared this morning on the news. The investment by Berkshire Hathaway is ... 08/25/2011 - 5:48 am | View Link
Buffett Invests $5 Billion in Bank of America 1:04 p.m. | Updated Warren E. Buffett comes to the rescue, again. On Thursday, Berkshire Hathaway, run by Mr. Buffett, announced plans to invest $5 billion in Bank of America, a vote of confidence for the beleaguered financial firm. While ... 08/24/2011 - 1:00 pm | View Link
Buffett invests $5 billion in Bank of America NEW YORK – Warren Buffett is coming to the rescue of another fallen giant. Buffett's Berkshire Hathaway announced Thursday that it would invest $5 billion in Bank of America Corp., giving a much-needed vote of confidence in the struggling bank. 08/24/2011 - 1:00 pm | View Link
Prudential Georgia Realty joins Berkshire Hathaway networkAtlanta-based Prudential Georgia Realty has joined a real estate network majority owned by billionaire Warren Buffett’s Berkshire Hathaway investment company and is now operating under a new name, Berkshire Hathaway HomeServices Georgia Properties.
For months, the talk was all about computer code. About response times. About glitches and bugs. People who didn't know a URL from an http were blithely expounding on software snags and web design, thanks to the clunky launch of healthcare.
WASHINGTON (Reuters) - German engineering company Bilfinger SE will pay $32 million to resolve U. S. criminal charges that it bribed Nigerian officials to obtain contracts on a gas project in the African nation, the Justice Department said on Monday.
(Reuters) - A top Federal Reserve official who is sometimes seen as a bellwether for U. S. monetary policy on Monday offered his voice to a growing contingent at the central bank that has argued for reducing the Fed's bond buying at a meeting next week.
NAVAL AIR STATION PATUXENT RIVER, Maryland (Reuters) - Boeing Co must decide in March 2014 whether to invest tens of millions of dollars to continue production of the F/A-18 fighter jet, a senior Boeing executive said on Monday, underscoring his confidence that sufficient orders would emerge to keep the plane in production until beyond 2020.