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U.S. News

The house doesn't always win, Caesars posts quarterly loss

The house doesn't always win, Caesars posts quarterly loss

Caesars Entertainment Corp., the casino company that’s battling its creditors in court, said its second-quarter loss more than doubled, in part because of higher interest expense.

Posted on 8-11-2014 at 4:50 PM
Canada luxury shoppers gain U.S. chains’ favour

Canada luxury shoppers gain U.S. chains’ favour

Luxury shoppers in Canada, for years ignored by upscale American chains, are finally getting some respect.

Posted on 8-07-2014 at 5:25 PM

Top Fidelity fund managers frowned on Valeant amid Botox bid

Two of Fidelity Investments' top stockpickers unloaded most of their holdings in Valeant Pharmaceuticals Inc. after the drugmaker in April unveiled its bid for Botox maker Allergan Inc. in...

Posted on 8-06-2014 at 4:38 PM
GM unit gets subpoena over subprime auto loans

GM unit gets subpoena over subprime auto loans

The U.S. government is investigating General Motors Co's auto financing arm over subprime auto loans it made and securitized since 2007, the company disclosed on Monday.

Posted on 8-05-2014 at 7:44 AM

Profit jumps to record $6.4B at Warren Buffett’s Berkshire Hathaway

Warren Buffett’s Berkshire Hathaway Inc. said second-quarter profit rose 41 percent to a record on investments, including a gain tied to the exit of most of his stake in the former...

Posted on 8-02-2014 at 2:44 AM

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