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Buffet's Berkshire has more the enough cash for acquisitions- report

A Bloomberg report said Berkshire Hathaway Inc might be making more strategic acquisitions in the near future.


Kmart’s Tara Poseley hired as CPO of Lululemon Athletica Inc.

Tara Poseley of Kmart hired as new chief product officer of Lululemon. An executive from Kmart, the leading US discount chain, has been hired to lead the global merchandise and design team at Lululemon Athletica Inc.

JP Morgan’s Richard Usher put on leave, Citigroup Inc follows

Richard Usher put on leave, Citi's chief Roham Ramchandani follows. Richard Usher, the chief currency dealer in JP Morgan in London, has been put on leave.

Goldman Sachs' veteran leaves for Comcast

Jason Armstrong, lead analyst of Goldman Sachs, will work at Comcast to head investor relations. Goldman Sachs Group Inc. veteran Jason Armstrong is said to be leaving and would become Comcast Corp.


Latest News

Tablet and mobile maker hired Ashton Kutcher to provide design and marketing inputs in attempt to steal away Apple consumers.
Rosneft Chief Executive Igor Sechin to President Vladimir Putin revealed plans of the oil company to acquire the government's 20% stake in Novorossiisk Commercial Sea Port (NCSP).
Securus Medical Group raised USD 6.5 million at the initial close of its Series B round led by 3X5 Special Opportunity Fund.
French billionaire Xavier Niel was looking at possible deals with phone companies in Europe, sources told Bloomberg.
IMF department director Anoop Singh said Japan Prime Minister Shinzo Abe's economic stimulus program had helped the economy of Japan against the effects of the reduction of securities purchases by the US Federal Reserve.
Shane Victorino would not be starting for the Boston Red Sox on Game 5 of the Major League Baseball World Series 2013.
Apple co-founder Steve Wozniak said he thought that there was no need to upgrade to any of the new iPads as he was perfectly fine with his iPad unit for the moment.
Blackstone Group President Tony James said he won't leave Blackstone despite share sale. Blackstone President Tony James said he was not looking for a career outside of the private equity industry.
The construction of a fire escape led to the fire at Yuengling Brewery's Tampa, Florida plant. The fire that razed the storage building of Yuengling Brewery in Tampa, Florida was caused by the construction of a fire escape.
Jack Lew, Secretary of the Treasury, said a government shutdown must not happen again. US Treasury Secretary Jack Lew said the US must not go through another government shutdown.