Buffett's Berkshire Hathaway studied this stock for three years before buying in
Warren Buffett's Berkshire Hathaway eyed real estate investment trust Store Capital for three years before investing in the company. "The investment was the result of Berkshire Hathaway contacting us. They became aware of STORE Capital in 2014 and have been following our progress closely since then," Store Capital CEO Christopher Volk wrote in a statement to CNBC, giving outsiders a rare look behind the scenes of how Berkshire does business."They became deeply familiar with the company, our st..>> view originalIngredient in Popular Weed Killer Going on List as Cancerous
In this Thursday, Jan. 26, 2017, photo, containers of Roundup, left, a weed killer is seen on a shelf with other products for sale at a hardware store in Los Angeles. California regulators are taking a pivotal step toward requiring the popular weed killer Roundup to come with a warning label. The state's Office of Environmental Health Hazard Assessment announced Monday, June 26, 2017, that the weed killer's main ingredient, glyphosate, will be listed in July as a chemical known to cause cance..>> view originalSeattle's Painful Lesson on the Road to a $15 Minimum Wage
In the summer of 2014, the Seattle City Council unanimously passed a bill increasing the city’s minimum wage to $15 an hour. “No city or state has gone this far. We go into uncharted territory,” said council member Sally Clark. The City of Seattle, to its credit, actually made some effort to chart the waters as they went, funding an ideologically diverse research team at the University of Washington whose members range from Jacob Vigdor, who is a fellow at the conservative Manhattan Institute, ..>> view originalOff-duty cop tackles airline passenger opening emergency exit
Off-duty cop tackles airline passenger opening emergency exit Flight to Houston forced to make emergency landing By Dylan Baddour and Vanesa Brashier Updated 3:50 pm, Monday, June 26, 2017 A passenger was removed from a Southwest Airlines flight to Houston Sunday after an emergency landing. Continue clicking to see other tourists and plane passengers behaving badly while on planes. A passenger was removed from a Southwest Airlines flight to Houston Sunday after an emergen..>> view original'Pharma Bro' Martin Shkreli Goes On Trial On Securities Fraud Charges
Martin Shkreli, the former Turing Pharmaceuticals executive, arrives for the first day of jury selection in his federal securities fraud trial Monday at U.S. District Court in Brooklyn, N.Y. Timothy A. Clary/AFP/Getty Images hide caption toggle caption Timothy A. Clary/AFP/Getty Images Martin Shkreli, the former Turing Pharma..>> view originalCharter, Comcast Explore Wireless Partnership With Sprint: Sources
Comcast and Charter are now in talks with Sprint to secure a similar network-resale agreement on better terms, the sources said. A previous nine-year-old network-resale agreement between Comcast and Sprint was never activated, one of the sources added. The Wall Street Journal, which first reported on the negotiations, also said that Charter and Comcast were in preliminary talks to take an equity stake in Sprint as part of an agreement. Such a deal would allow Sprint to invest more in its networ..>> view originalShareholders Demand More Drastic Shifts at Nestlé
Today, a growing number of people are buying their groceries online. The shelf has become a box, shipped from a meal-kit company, that delivers everything people need to make dinner for four right to their kitchens. Photo Hair coloring samples at a research laboratory for L’Oréal, in the Paris suburb of Saint-Ouen. Credit Ed Alcock for The New York Times “Traditionally, consumer-product companies bought fast-moving little brands and pushed them through their vast sales f..>> view originalNo, Fed Didn't Make a Mistake by Hiking Rates
By encouraging systemically-important central banks to move forward with interest rate hikes, the Bank for International Settlements' well-written annual report will add fuel to the growing debate about the wisdom of the Federal Reserve’s ongoing process of monetary policy normalization. This discussion boils down to a judgement on four key issues on which there are quite a few divisions, including within the central banking community.Some have already argued that, having hiked for a second tim..>> view originalSmall business taxes: 5 ways to get the IRS' bullseye off your back
But, it can also feel at times like there is a target right across your back with the Internal Revenue Service and other taxation officials, said Travis Watkins, an Oklahoma City tax attorney. “The IRS perceives that small businesses pay less than ...>> view originalAmtrak names former Delta executive as next CEO
An Amtrak engine sits next to a platform in New York's Penn Station, the nation's busiest train hub, where Amtrak says they will begin repairing a complex of tracks over the summer in New York City, U.S., May 25, 2017. REUTERS/Mike Segar. (Reuters).>> view original
Tuesday, June 27, 2017
Buffett's Berkshire Hathaway studied this stock for three years before buying in and other top stories.
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