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
Circular and Annual Financial Report - London Stock Exchange From the storied supposed safety of newspaper franchises (even Warren Buffett believed in this one for too long) to the downfall of notable... 05/27/2016 - 3:52 pm | View Link
The Secret of ‘Billions’ - New York Observer ... ones (and Warren Buffett had one of ... gets to keep his $1.2 BILLION from ... how much money is in the bank., The ... An activist investor ... 05/25/2016 - 1:10 pm | View Link
Warren Buffett's Berkshire takes $1 billion bite of Apple - The Hindu Buffett's Berkshire Hathaway Inc. revealed a more than $1 billion stake ... Birmingham, Alabama, which invests 8 ... higher stakes in IBM, Bank ... 05/17/2016 - 5:52 am | View Link
UPDATE 6-Warren Buffetts Berkshire takes $1 bln bite of Apple - Reuters UK What Warren Buffett learned from Berkshire's Precision Castparts ... - Indonesia News 05/16/2016 - 9:06 am | View Link
UPDATE 4-Warren Buffett's Berkshire takes $1 bln bite of Apple - Philly.com Related Article: Stocks Extend Gains as Apple Enjoys Best Day in Six ... - TheStreet.com 05/16/2016 - 5:03 am | View Link
Buffett's Berkshire Hathaway (BRK) Invests $1 Billion in Apple (AAPL) A $US1 billion bet by Warren Buffett's Berkshire Hathaway on iPhone ... The Berkshire Hathaway regulatory filing also revealed it boosted its stake in Phillips 66, Visa and Bank of New York Mellon, while it reduced its holding in Wal-Mart, eliminated ... 05/31/2016 - 1:56 am | View Link
Buffett makes $1 billion bet on Apple It is not clear who made the investment, Buffett or one of his portfolio managers, Todd Combs and Ted Weschler, who each invests ... Co. and Bank of New York Mellon Corp., according to Monday's filing. Berkshire just plunked down on $1 billion on Apple ... 05/30/2016 - 6:09 am | View Link
Buffett's Berkshire invests $1 billion in Apple Wall Street has ended higher, helped by a surge in oil prices and as business tycoon Warren Buffett revealed a $US1 billion stake in Apple. He subsequently bought more shares and called for the company to boost its stock buybacks. Berkshire shares "B ... 05/25/2016 - 4:05 pm | View Link
Warren Buffett's firm invests $1 billion in Apple That category grew 62% to $4.4 billion in the first quarter ... Berkshire also added to its holdings of Visa, Deere & Coand Bank of New York Mellon, according to Monday's filing. 05/21/2016 - 3:41 am | View Link
Buffett's Berkshire Hathaway (BRK) Invests $1 Billion in Apple (AAPL) As of March 31, Berkshire Hathaway purchased a whopping 9.8 million shares totaling $1.07 billion. The legendary value investor ... Berkshire also added to its holdings of Visa, Deere & Coand Bank of New York Mellon, according to Monday's filing. 05/21/2016 - 3:07 am | View Link
Warren Buffett to Invest $5 Billion in Bank of America Bank of America said it will get a $5 billion infusion from Warren Buffett, giving the nation's biggest bank a desperately needed jolt of confidence at a time when ... 05/24/2016 - 11:00 am | View Website
Warren Buffett Invests $5 Billion in Bank of America (NYSE ... Warren Buffett's Berkshire Hathaway Inc. will invest $5 billion in Bank of America to keep the company afloat after subprime mortgage-related losses left the lender ... 05/18/2016 - 8:44 am | View Website
How Much Is Warren Buffett’s $5 Billion Investment in Bank ... At the low point of Bank of America's post-financial crisis struggles, Warren Buffett became its biggest advocate by investing $5 billion of Berkshire ... 08/19/2015 - 1:39 pm | View Website
Buffett invests $5 billion in Bank of America | CTV News Warren 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 ... 08/25/2011 - 7:41 am | View Website
Buffett Invests $5 Billion in Bank of America On Thursday, Berkshire Hathaway, run by Warren E. Buffett, announced plans to invest $5 billion in Bank of America, a vote of confidence for the ... 08/25/2011 - 5:18 am | View Website
REUTERS/Adriano MachadoBRASILIA (Reuters) - Brazil's Transparency Minister Fabiano Silveira resigned on Monday after leaked recordings suggested he tried to derail a sprawling corruption probe, the latest cabinet casualty impacting interim President Michel Temer's administration.
Silveira, the man Temer tasked with fighting corruption since he took office on May 12, announced his plans to step down in a letter, according to the presidential palace's media office.
Much has been made of Stephen Curry's shooting in the Western Conference Finals and whether he is still bothered by his injured knee or if he is just off. Well, if warm-ups for Game 7 are any indication, Curry is starting to get his groove back.
During TNT's pre-game show, Curry casually drained four out of six shots he took from the mid-court logo as if it were no big deal.
This is no guarantee that the Warriors are going to win Game 7.
Societe Generale’s latest update to its famous “black swans” chart is out.
“Black swan” events are those which are unlikely to occur but, should they come about, would cause chaos on global markets.
Europe’s stability has re-emerged as the major cause of concern as the Brexit referendum approaches.
Soc Gen has placed a 40% probability – a very high number for the black swans schematic – on political or policy uncertainty in Europe unleashing financial market ructions.
A new note out from Daniel Aaronson at the Chicago Fed is a useful read for those interested in the question of how much slack remains in the labor market. Aaronson estimates that as of April we are about 1 million jobs short of full-employment, and that trend labor force