Warren Buffett lets go of Exxon shares, and buys refiner Phillips stake because of the fluctuating oil prices. Bloomberg reports that the billionaire investor announced Wednesday that his Berkshire Hathaway Inc. sold some $4 billion Exxon Mobil Corp. shares due to the dreary outlook of crude oil prices, buying instead a $4.48 billion stake from refiner Phillips 66.
Archives
Two Giant Debt Collectors Ordered to Refund a Collected $61million to Consumers
Encore Capital Group and Portfolio Recovery Associates are ordered to refund a collected $61 million to customers for allegedly using deceptive strategies to collect debt. CNN reported that the Consumer Financial Protection Bureau charged these two giant debt collectors for buying inaccurate debts, collecting unverified debts, and using illegal strategies to collect debts.
Is the Pirates of the Caribbean 5 something to look forward to? 'Maze Runner' star Kaya Scodelario talks about the upcoming franchise
"Maze Runner" Kaya Scodelario talks about her role in the upcoming Pirates of the Caribbean 5 and what the producers are up to.
Apple launches upgrades, including first ever Apple Pencil; Looks great but impractical, says professional designers
Tech giant Apple released Wednesday a series of product upgrades, including the new iPhone 6S and iPhone 6S plus, Siri-collaborative Apple TV, the enterprise-grade 12.9-inch iPad Pro, and the first ever Apple Pencil, which is a stylus for designers and creatives.
"Cold Horizon" Introduces Unlikely Heroes in Post-Apocalyptic Game, Launches Kickstarter, Steam Greenlight Campaigns
Big Cake Games recently launched its campaign for its post-apocalyptic adventure game “Cold Horizon” in Kickstarter and Steam Greenlight. The game introduces unlikely protagonists and carries a hope theme in its storyline.
Latest News
The Tetraphase Pharmaceuticals Inc. shares had fallen in late trading Tuesday to 80%. This is after a study discovered that its manufactured experimental antibiotic was no better than a standard generic treatment.
Brazil's investment-grade credit falls beyond correction and into junk territory as Standard & Poor's downgraded the country's debt Wednesday. According to a report from The Guardian, Standard & Poor's said that Brazil lost its investment-grade status as it is projected with a negative outlook. This downgrade is unfortunate as the nation enters a recession.
French Industry slumps lower in the third quarter as production unexpectedly fell to 0.8%, a number lowest since November 2014. Economists forecasted a 0.2 increase according to Bloomberg survey, making the 0.8 percent downward curve such a big surprise. The statistics office reported Thursday that French industry output fell by 0.8 percent annually. Meanwhile, manufacturing output also dropped by 1 percent this month.
The much-awaited sequel to Pacific Rim is reportedly delayed and rumors have it that the lead star Charlie Hunnam wants 'Pacific Rim: Maelstrom' to be created with less CGI.
Johnny Depp and Amber Heard are facing legal battles over them bringing their dogs to Queensland, Australia. Australia has a strict compliance about permits in which according to them, the couple weren't able to accomplish before the incident.
Brooklyn Beckam allegedly is crushing on Selena Gomez. On the other hand, they arrived together at the NYFW party and was purportedly spotted getting up close and personal.
Fanatec recently introduced the newest wheel rim for Turn 10 Studios’ “Forza Motorsport 6” - ClubSport Wheel Rim GT – for Xbox One. The wheel is available as a standalone item or with the Universal Wheel Hub.
The biggest event in UFC is happening in December 2015. Conor McGregor vs. Jose Aldo would be the main event. The rivalry of the two is finally heating up with drug tests on streak.
Glencore's Chief Executive Officer, co-founder, and second largest shareholder Ivan Glasenberg is set to pay $210 million of the company's impending $2.5 billion sale of new shares to repair its balance sheet.
