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NEW YORK: U.S. stocks rose on Friday, rebounding a day after the S&P 500 suffered its worst slide since April 10, with the three major indexes closing higher for the week.
NEW YORK: Warren Buffett may be most famous for the billions of dollars he has made from investing but he is also well known as a cheerleader for the US. The Oracle of Omaha routinely exhorts investors to put their money in America, "the mother lode of opportunity," as he wrote in his annual letter this year.
WASHINGTON: U.S. Senator Orrin Hatch, the top Republican on the tax-writing Finance Committee, said billionaire investor Warren Buffett called him recently to find out what Congress might do about companies that move abroad for tax purposes.
KUALA LUMPUR: JF Apex Research expects Freight Management, Tomei, Iris and Kejuruteraan Samudra Timur to be among the stocks which could see trading interest on Friday.
WASHINGTON: U.S. employers ramped up hiring in September and the jobless rate fell to a six-year low, bolstering bets the Federal Reserve will hike interest rates in mid-2015.
WASHINGTON: Former Treasury Secretary Henry "Hank" Paulson told a packed courtroom on Monday that AIG shareholders were singled out for punishment as part of the U.S. government's attempt to contain the contagion of the 2008 financial crisis.
Medical equipment supplier Becton Dickinson & Co has agreed to buy CareFusion Corp, a maker of infusion pumps and other medical devices, for US$12.2 billion in cash and stock, marking the latest multibillion-dollar healthcare sector deal.