Buffett Closes Wesco ‘Backdoor’ to Berkshire Stake
Berkshire Hathaway has agreed to buy the 20 percent of Wesco it doesn’t own, ending access to Warren Buffett’s corporate gains for investors who don’t buy Berkshire stock
BusinessWeek.com — Finance
Berkshire Hathaway has agreed to buy the 20 percent of Wesco it doesn’t own, ending access to Warren Buffett’s corporate gains for investors who don’t buy Berkshire stock
BusinessWeek.com — Finance
The sale of a mortgage servicer marks the end of a misadventure
BusinessWeek.com — Finance
U.S. stocks rose, pushing the Dow Jones Industrial Average to its first close above 12,000 since June 2008, after American and Chinese manufacturing expanded and United Parcel Service Inc. beat analysts’ earnings estimates.
BusinessWeek.com — Finance
The trustee liquidating Bernard L. Madoff’s investment firm has filed more than $ 50 billion in so- called clawback suits to compensate victims of the con man’s fraud since his 2008 arrest for masterminding the biggest Ponzi scheme in U.S. history.
BusinessWeek.com — Finance