Warren Buffett's Berkshire Hathaway Inc (BRKa.N) on Friday said it was buying oil industry logistics provider Charter Brokerage from private equity firm Arsenal Capital Partners.
North America
Senate passes spending bill, ends government shutdown threat
The U.S. Senate on Saturday passed a $1.1 trillion spending bill that lifts the threat of a government shutdown as Congress attempts to wrap up a two-year legislative session marked by bitter partisanship and few major accomplishments.
You may already be too late for hottest holiday toys
If you still have Disney's Frozen Castle and Ice Palace Playset on your holiday gift list this year, you may already be out of luck. With Christmas approaching, the $119 toy - made by Mattel Inc - is sold out. Of course, you can find it at resellers for about $225 and even as high as $700 on eBay.
Carlyle, Warburg Pincus in the lead to acquire DBRS
A private equity consortium of Carlyle Group LP (CG.O) and Warburg Pincus LLC is in advanced talks to acquire privately held credit rating agency DBRS Ltd for more than $500 million, according to people familiar with the matter.
New Jersey college buys Atlantic City casino for dorm, branch campus
A New Jersey college said on Saturday it has completed its $18 million purchase of the shuttered Showboat Atlantic City casino resort from Caesars Entertainment Corp (CZR.O), a deal that would usher in a new dormitory and a branch campus.
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The U.S. Congress has cleared the way for global miners Rio Tinto (RIO.L) (RIO.AX) and BHP Billiton (BHP.AX) (BLT.L) to swap land with the government, which will allow them to build a long-delayed $6 billion copper mine in Arizona.
Deals on clothing and cameras helped spur Canadian shoppers to spend more during the most recent Black Friday and Cyber Monday weekend than they did in 2013, according to a report by Canada's largest payments processor.
Civil rights leader Reverend Al Sharpton will meet next week with Sony Pictures Entertainment Co-Chairman Amy Pascal and decide whether her emails about President Barack Obama's race warrant calling for her resignation.
Canadian consumers may have ended up paying higher prices for cellphones and wireless services because of contracts between Apple Inc's Canadian unit and domestic carriers, the Canadian Competition Bureau said in a court filing this week.
Five years after President Barack Obama slammed Wall Street "fat cat" bankers, some of the nation's biggest banks this week successfully lobbied Congress to roll back a hotly debated provision in the 2010 Dodd-Frank financial reform law.
The U.S. Senate on Friday struggled to pass a $1.1 trillion spending bill that would avert a looming federal government shutdown, postponing a vote until Monday when procedural hurdles begin to evaporate.
The Federal Bureau of Investigation has warned U.S. businesses to be on the alert for a sophisticated Iranian hacking operation whose targets include defense contractors, energy firms and educational institutions, according to a confidential agency document.
A fully operational Apple computer that company co-founder Steve Jobs sold out of his parents' garage in 1976 for $600 sold for $365,000 at Christie's on Thursday.
Pessimism and doubt have dominated how Americans see the economy for many years. Now, in a hopeful sign for the economic outlook, confidence is suddenly perking up.
