Ownership changes

February 23, 2019 - 3:30 pm
OMAHA, Neb. (AP) — Billionaire Warren Buffett says the company he built through decades of acquisitions continues to perform well even though he hasn't found any major deals at attractive prices recently. Buffett released his annual letter to Berkshire Hathaway Inc. shareholders on Saturday. He...
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FILE - This April 30, 2018, file photo shows signage for a Sprint store in New York's Herald Square. The top executives of T-Mobile and Sprint are making the case to Congress that their proposed $26.5 billion merger wouldn't hurt competition and jack up the prices consumers pay for wireless service. (AP Photo/Bebeto Matthews, File)
February 13, 2019 - 11:39 am
WASHINGTON (AP) — Democratic lawmakers are challenging a pledge by T-Mobile and Sprint not to raise prices or hurt competition if their $26.5 billion merger goes through. Although T-Mobile says it won't raise prices for three years, Rep. Frank Pallone, D-N.J., chairman of the House Energy and...
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FILE - This Aug. 22, 2003 file photo shows the corporate headquarters of BB&T in Winston-Salem, N.C. Southern regional banks BB&T and SunTrust are combining in an all-stock deal valued at about $66 billion. The banks said Thursday, Feb. 7, 2019 that the combined company will be the sixth-largest U.S. bank based on assets and deposits. It will have approximately $442 billion in assets, $301 billion in loans and $324 billion in deposits serving more than 10 million households (David Rolfe/The Winston-Salem Journal via AP)
February 07, 2019 - 12:39 pm
NEW YORK (AP) — Southern banking giants BB&T and SunTrust announced they would merge in a $66 billion deal, the first big bank merger since the chaos of the 2008 financial crisis. The deal would create yet another financial titan in the U.S. The combined company will be the sixth-largest retail...
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European Competition Commissioner Margrethe Vestager, left, talks to Trade Commissioner Cecilia Malmstrom prior the weekly College of Commissioners meeting at EU headquarters in Brussels, Wednesday, Feb. 6, 2019. European Union authorities on Wednesday rejected a massive rail merger deal between France's Alstom and Germany's Siemens in what the two nations had hoped would have created a global competitor to stand up to China. (AP Photo/Francisco Seco)
February 06, 2019 - 11:14 am
BRUSSELS (AP) — European Union authorities on Wednesday blocked a deal to create a rail giant that could compete with China, angering France and Germany so much that they vowed to change the way the EU oversees such mergers. The decision raised thorny questions of how to stand up to the growing...
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FILE- In this Monday, Aug. 7, 2017, file photo, the Walt Disney Co. logo appears on a screen above the floor of the New York Stock Exchange. The Walt Disney Co. reports financial results Tuesday, Feb. 5, 2019. (AP Photo/Richard Drew, File)
February 05, 2019 - 6:12 pm
NEW YORK (AP) — The Walt Disney Co.'s first-quarter net income beat expectations as higher revenue from its media networks and theme parks helped offset a weaker movie slate during the quarter. Disney and other media companies are facing a shifting landscape as more TV watchers switch to streaming...
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FILE - In this May 10, 2017, file photo, a visitor walks past the logo of Toyota Motor Corp. at a Toyota showroom in Tokyo. Toyota Motor Corp. said Wednesday, Jan. 30, 2019, it sold 10.59 million vehicles globally last year, fewer than the 10.83 million delivered by German rival Volkswagen AG. (AP Photo/Shizuo Kambayashi, File)
January 30, 2019 - 5:23 am
TOKYO (AP) — Toyota Motor Corp. sold 10.59 million vehicles globally last year, fewer than the 10.83 million delivered by German rival Volkswagen AG, the Japanese automaker said Wednesday. Separately, the Nissan-Renault-Mitsubishi alliance reported that its combined global sales stood at 10.76...
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January 28, 2019 - 2:32 am
BERLIN (AP) — France's Alstom says that it and Germany's Siemens have offered new concessions in an effort to overcome European authorities' concerns about the planned merger of their train-building operations. A European Union decision on whether to allow the deal to go ahead is expected soon. The...
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FILE - In this Jan. 8, 2017, file photo a Chrysler Pacifica hybrid outfitted with Waymo's suite of sensors and radar is displayed at the North American International Auto Show in Detroit. Google's self-driving car spinoff Waymo said Tuesday it will bring a factory to Michigan, creating up to 400 jobs at what it describes as the world's first plant "100 percent" dedicated to the mass production of autonomous vehicles. (AP Photo/Paul Sancya, File)
January 22, 2019 - 5:41 pm
LANSING, Mich. (AP) — Google's self-driving car spinoff Waymo said Tuesday it will bring a factory to Michigan, creating up to 400 jobs at what it describes as the world's first plant "100 percent" dedicated to the mass production of autonomous vehicles. The company plans to spend about $13.6...
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FILE - In this Dec. 13, 2017, file photo, Toyota Motor Corporation President Akio Toyoda, left, and Panasonic Corporation President Kazuhiro Tsuga, right, pose for photographers after a joint press conference in Tokyo. Toyota Motor Corp. and Panasonic Corp. said in a joint statement Tuesday, Jan. 22, 2019, they are setting up a joint venture to research, manufacture and sell batteries for ecological autos, an increasingly lucrative sector amid concerns about global warming. (AP Photo/Eugene Hoshiko, File)
January 22, 2019 - 4:21 am
TOKYO (AP) — Toyota Motor Corp. and Panasonic Corp. are setting up a joint venture to research, manufacture and sell batteries for ecological autos, an increasingly lucrative sector amid concerns about global warming. The Japanese automaker and the Japanese electronics maker said in a joint...
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FILE- In this Jan. 7, 2019, file photo a customer shops in a Sears store in the Brooklyn borough of New York. Sears confirmed Thursday, Jan. 17, that chairman and largest shareholder Eddie Lampert’s hedge fund has won tentative approval for a $5.2 billion plan to buy 425 stores and the rest of its assets. (AP Photo/Mark Lennihan, File)
January 17, 2019 - 6:55 pm
NEW YORK (AP) — A group of Sears creditors are challenging Chairman Eddie Lampert's hedge fund's winning $5.2 billion bid to buy the business in a bankruptcy auction and wants to air their grievances in court. Sears confirmed Thursday that Lampert's hedge fund won tentative approval for the plan to...
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