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U.S. News

Bill Ackman describes Valeant as early stage Berkshire Hathaway
Valeant should be worth more than $330 US a share currently, based on assumptions including $10 billion of acquisitions a year, said Ackman, whose investment firm is the second-largest shareholder.
Posted on 5-05-2015 at 9:05 AM
McDonald’s revamps into four segments to revive sales
The plans include organizing McDonald's business around four new operating divisions, selling restaurants to franchisees, cutting corporate costs, and improving food quality.
Posted on 5-04-2015 at 8:44 AM
Warren Buffett endorses job cuts for profit at Berkshire meeting
Warren Buffett’s partnership with 3G Capital, a job-cutting buyout firm that helped him do some of his biggest deals, has hit a nerve with shareholders of the billionaire’s Berkshire Hathaway Inc.
Posted on 5-04-2015 at 7:47 AM
Floyd Mayweather’s win helps Vegas sports books turn a profit
Floyd Mayweather helped Las Vegas sports books turn a profit by winning a unanimous decision against Manny Pacquiao in the most-wagered bout in boxing history.
Posted on 5-04-2015 at 7:47 AM
McDonald’s to reveal comeback recipe: What options are on the table?
Steve Easterbrook is preparing for his biggest moment as McDonald’s Corp.’s new leader on Monday, when he unveils a much-anticipated plan to put the shine back on the Golden Arches.
Posted on 5-02-2015 at 6:00 AM
Warren Buffett's Berkshire sees profit climbs on investing gains, rail assets
Warren Buffett’s Berkshire Hathaway Inc. said first-quarter profit climbed 9.8 percent on higher investment income at insurance operations and results from the BNSF railroad.
Posted on 5-01-2015 at 6:24 PM
Mayweather-Pacquiao ending in draw has Vegas oddsmakers nervous

A boxing fan’s least favourite outcome would be a nightmare for Las Vegas sports books in Saturday’s Floyd Mayweather-Manny Pacquiao fight.

Posted on 5-01-2015 at 1:10 PM
Warren Buffett losing some mojo on his economic 'moats'
Warren Buffett has carved out a core stock-picking strategy of investing in companies with strong economic "moats," businesses that have built, fortified and generated success from well-known brands that make it difficult for them to succumb to competitive forces.
Posted on 4-30-2015 at 9:04 AM

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