Category: Business News

Buffett’s $9 billion Oncor buy

Warren Buffett’s move to spend $9 billion on his largest energy sector acquisition reflects his long-standing drive to diversify his Berkshire Hathaway and deepens his commitment to electricity as a means to boost profit....

GOP Lawmaker Loses $17 Million as Favorite Stock Plunges

A Republican congressman’s hot biotechnology stock pick just went south. Rep. Chris Collins suffered a paper loss of $16.7 million (A$22 million) after Innate Immunotherapeutics Ltd. said a mid-stage trial of its experimental treatment for multiple sclerosis...