The Latest: Buffett says $143B Unilever talks soured quickly

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The Latest: Buffett says $143B Unilever talks soured quickly

Washington Post
OMAHA, Neb. – The Latest on investor Warren Buffett’s comments on a variety of topics (all times local):. 6:40 a.m.. Warren Buffett says the proposed $143 billion offer to acquire Unilever, a deal with links to his company, fell apart quickly because

This Is Walmart’s New Plan to Squeeze Prices in the Face of Discount Chains

Fortune
Wal-Mart Stores is running a new price-comparison test in at least 1,200 U.S. stores and squeezing packaged goods suppliers in a bid to close a pricing gap with German-based discount grocery chain Aldi and other U.S.

Trump to Ask for Sharp Increases in Military Spending, Officials Say

New York Times
President Trump with the director of the Office of Management and Budget, Mick Mulvaney, left, and Treasury Secretary Steven Mnuchin, right, at the White House last week.

Orders for Durable Goods in US Rebounded 1.8% in January

Bloomberg
Orders for U.S. durable goods rebounded in January, a sign companies remained upbeat at the start of the year. Bookings for goods meant to last at least three years rose 1.8 percent after a 0.8 percent decrease in December, Commerce Department data …

Tesla Slumps in Premarket After Goldman Downgrades to Sell

Bloomberg
Tesla Inc. fell more than 3 percent in pre-market trading after Goldman Sachs Group Inc. turned negative on the stock and cast doubt on Chairman Elon Musk’s ability to deliver the company’s new vehicle on time.

Wall Street Breakfast: LSE-Deutsche Boerse Deal In Danger

Seeking Alpha
Seeking Alpha’s flagship daily business news summary, gives you a rapid overview of the day’s key financial news. It is published before 7:00 AM ET every market day and delivered to over 900,000 email subscribers.

Why Uber probably never will reform itself

Business Insider
If there is a single quality that defines Uber, it’s that it is somewhat sociopathic by design: An antipathy toward norms is built into the car-hailing company’s business model.

La Jolla’s low blood pressure treatment clears key study

Reuters
Janis Herrera, 25, gets her blood pressure measured on the first day of the new Pueblo del Rio Housing Projects Wellness Center, a free clinic that will serve 3,500 low income residents, in Los Angeles, California August 7, 2014.

Wendy’s Is Going to Install Self-Ordering Machines in 1000 Stores

Fortune
Fast-food giant Wendy’s plans to install self-ordering kiosks in around 1,000 of its franchises across the U.S. at the end of this year.

Asia Economies Hold Trade Pact Talks After Trump Dumps TPP

Bloomberg
Tokyo (AP) — Negotiators from 16 Asian countries are meeting in the Japanese port city of Kobe this week for talks on a regional trade pact seen as a rival to the Trans-Pacific Partnership rejected by U.S.

Fears and Cheers for Snapchat’s IPO

Bloomberg
Perhaps even more than in the typical debate over tech company IPOs, opinions are split on whether Snapchat’s shares are worth buying in its initial public offering and whether it will prove a fit and lasting public company.

Trump’s Trade Czar Expected to Get Easy US Senate Confirmation

U.S. News & World Report
Wilbur Ross, Trump’s pick for Commerce Secretary (C), U.S. President Donald Trump and Senior advisor and Trump’s son-in-law Jared Kushner (R) attend a meeting with congressional leaders to discuss trade deals at the at the Roosevelt room of the White …

SoftBank Is Homing in on a $3 Billion Investment in WeWork

Fortune
Japan’s SoftBank Group is close to making an investment in U.S. office-sharing startup WeWork (wework) expected to be worth over $3 billion, CNBC reported on Monday, as it expands its reach beyond tech and telecoms.

United Launches Seasonal San Francisco Flight From Bradley

CBS Local
WINDSOR LOCKS, Conn. (CBS Connecticut) – United Airlines is launching seasonal non-stop service between Bradley International Airport and San Francisco.

Nasa are developing ‘quiet’ supersonic passenger planes that could be ready to fly by 2020

BreakingNews.ie
Supersonic passenger aeroplanes look as though they’re just around the corner, as Nasa and Lockheed Martin have teamed up to begin the first high-speed wind tunnel tests for the Quiet Supersonic Technology (QueSST) X-plane.

Global Markets Cautious Ahead of Trump Speech

U.S. News & World Report
World stock markets were subdued Monday as investors looked ahead to U.S. President Donald Trump’s speech to Congress this week for details of promised tax cuts and infrastructure spending.

Anthem and Blue Crosses loom large in Obamacare talks

Business Insider
NEW YORK (Reuters) – Anthem Inc. and other U.S. health insurers complained to the White House for more than a year that they were losing money on people who waited to sign up for Obamacare coverage until they were sick.

Deutsche Bank cuts bonus pool almost 80% on legal costs

gulfnews.com
Deutsche Bank AG cut its 2016 bonus pool by almost 80 per cent, a figure unmatched in the bank’s recent history as it tries to recover from legal expenses that wiped out profit and eroded capital levels.

Stock Futures Retreat as Wall Street Awaits Details of Trump’s Tax Plan

TheStreet.com
Stock futures, including the Dow Jones Industrial Average, move away from recent records as Wall Street awaits tax and spending details from the White House.

Harley-Davidson: Uneasy Rider

Barron’s
The stock has been riding high in Washington and on Wall Street. But it could be headed for a nasty spill. Email; Print; 0 Comments; Order Reprints.

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