The Chairman and CEO of Berkshire Hathaway Warren Buffett had called out the Republicans for their tactics that caused the current impasse.
Sectors
Many hurdles face Tokyo Electron-Applied Materials merger
As share values jumped, the bigger issues for the Applied Materials-Tokyo Electron merger would be the regulatory approvals from three countries and the length of time for those approvals to be obtained.
Maidenform announces stockholder approval of merger
The stockholders of Maidenform Brands Inc. had voted in favor a previously announced merger agreement with Hanesbrands Inc. today.
Hudson Insurance acquires American Safety
Hudson Insurance Group announced today its acquisition of the Surety Team from American Safety Insurance Holdings Ltd.
Instagram to allow advertisments in photo feeds
People who had been using Instagram would start to see advertising in their photo sharing feeds in the next couple of months.
Latest News
Google Inc confirmed through a spokesperson that it had acquired Flutter, a startup company in development of a hand gesture interface technology.
Lavabit LLC founder Ladar Levison posted in Facebook his detailed account of how he had put up a fight with the US government in lieu of the company's to National Security Agency (NSA) whistleblower Edward Snowden.
Industry sources told Reuters that several private firms and companies like Bloomberg News would face heavy competition in acquiring financial news provider Mergermarket.
Greenline Financial Technologies specialized in Financial Information Exchange was acquired by CameronTec through a buyout.
In an interview fresh from its acquisition of Investors Capital Holdings Ltd, RCS Capital Corp Executive Chairman of the Board Nicholas Schorsch said his company would still be on the lookout for more potential buyouts.
The Wall Street Journal cited a source who said the Robinsons Retail Group of the Philippines had started testing investor demand in the company's planned USD800 million initial public offering.
Activist investor William Ackman told investors through a letter dated October 2 that he had reduced over 40% of his USD1 billion investment with nutritional supplements company Herbalife.
The ownership structure of the new merged firm between Oi SA and Portugal Telecom would be simple, compared to the previous structure.
Concert promoter AEG Live was not responsible for Michael Jackson's death, the jury ruled. A jury in a Los Angeles court cleared concert promoter AEG Live of any liability in Michael Jackson's death in 2009.
