Specialist finance firm Greensill Capital headed for a rapid collapse after Credit Suisse Group AG suspended $ 10 billion in mutual funds that fueled the SoftBank Group Corp.-backed startup. With a key …
Read More »DirecTV spin-off from AT&T earns points for strategy, but not financial impact
Text size A DirecTV technician performs an installation in California. Patrick T. Fallon / Bloomberg AT & T’s complex transaction to divest DirecTV and its other pay-TV businesses met with generally positive …
Read More »WeWork’s Adam Neumann to Get $ 50 Million Bonus Payment on SoftBank Deal
WeWork co-founder and former CEO Adam Neumann will get an additional $ 50 million and other benefits as part of a deal that would resolve a bitter dispute he and other early …
Read More »Verizon Spends $ 45.5 Billion on Top 5G Spectrum Bidders
Verizon Communications Inc. VZ 0.16% It secured more than half of the wireless waves offered in a US government auction that racked up a record $ 81 billion in bids, according to …
Read More »Adam Neumann, Co-Founder of WeWork, Approaches a Deal with SoftBank
Co-founder and former WeWork CEO Adam Neumann is in advanced talks to resolve a high-profile legal dispute with SoftBank Group Corp. by accepting a nearly $ 500 million cut in his payment …
Read More »22 additional dividend stocks Warren Buffett could consider buying
A Warren Buffett vote of confidence in a particular stock doesn’t mean you should jump on the bandwagon, but the Berkshire Hathaway CEO’s long-term track record speaks for itself. The man knows …
Read More »Warren Buffett’s mystery investments are Verizon and Chevron
Text size Warren Buffett, CEO of Berkshire Hathaway. Johannes Eisele / AFP via Getty Images Berkshire Hathaway by Warren Buffett has disclosed sizeable holdings in Chevron Y Verizon Communications in late 2020, …
Read More »Buffett’s Berkshire Hathaway bets billions on Verizon and Chevron
Billionaire Warren Buffett added two more great American brands to Berkshire Hathaway Inc.’s investment portfolio. Buffett’s conglomerate has bought $ 8.6 billion in shares of Verizon Communications Inc., the largest mobile phone …
Read More »Facebook meets Apple in Clash of the Tech Titans: ‘We need to inflict pain’
Facebook Inc. CEO Mark Zuckerberg has complained for years that Apple Inc. and its leader, Tim Cook, have too much influence over the social media giant’s business. In 2018, his anger boiled …
Read More »SoftBank will make a $ 900 million investment in Pacific biosciences
SoftBank Group Corp. plans to invest $ 900 million in California Inc.’s Pacific Biosciences genetic sequencing company, as the Japanese tech conglomerate steps up a new public equity investment effort. PacBio, as …
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