Category Archives:
Buffett’s designated successor Greg Abel boosts Berkshire stake
By Jonathan Stempel (Reuters) - Greg Abel, who is next in line to succeed Warren Buffett as Berkshire Hathaway Inc's chief executive, spent more than $68 million on the conglomerate's shares last week...
Oct 03, 2022
New York City office leasing surges; still below pre-pandemic levels
By Herbert Lash NEW YORK (Reuters) - New York City's office market rebounded in the third quarter from a year earlier, though leasing remained below levels seen before the rise of remote work during t...
Oct 03, 2022
Exclusive-Elliott Management’s utilities lead Rosenbaum leaves firm -sources
By David French NEW YORK (Reuters) - Jeff Rosenbaum, who led investments in the power and utilities sectors for prominent activist investor Elliott Management Corp, has left the firm, people familiar ...
Oct 03, 2022
Two SPACs backed by Bill Foley seek shareholder nod to liquidate
(Reuters) - Two blank-check companies backed by veteran investor Bill Foley, which together raised over $2 billion in their share sales, plan to shutter by the end of the year, the firm's sponsors sai...
Oct 03, 2022
Rivian produces over 7,000 vehicles in third quarter, maintains full-year target
(Reuters) -Rivian Automotive Inc said on Monday it produced 7,363 vehicles at its manufacturing facility in Normal, Illinois and delivered 6,584 vehicles in the quarter ended Sept. 30. The company als...
Oct 03, 2022
FOP: Fulton County man should never have caused drug-related crime in Bartonville
PEORIA, Ill. – A Peoria man faces a host of charges following a police chase last week in Farmington, and a state organization says it could have been prevented. The Illinois Fraternal Order of ...
Oct 03, 2022
Musk and Zelenskiy in Twitter showdown over billionaire’s peace plan
By Michelle Nichols UNITED NATIONS (Reuters) - Billionaire Elon Musk on Monday asked Twitter users to weigh in on a plan to end Russia's war in Ukraine that drew immediate condemnation from Ukrainians...
Oct 03, 2022
U.S. Supreme Court leans toward limiting wetlands regulation
By Nate Raymond and Andrew Chung WASHINGTON (Reuters) - Conservative U.S. Supreme Court justices on Monday appeared open to limiting the reach of the U.S. Environmental Protection Agency's authority t...
Oct 03, 2022
Rocket builder Firefly nails crucial milestone with first mission success
By Joey Roulette WASHINGTON (Reuters) - Rocket builder Firefly Aerospace reached orbit for the first time this weekend, hitting a crucial milestone that kick-starts its launch business and opens new f...
Oct 03, 2022
Trump sues CNN claiming defamation, seeks $475 million in punitive damages
By Dan Whitcomb (Reuters) -Former U.S. president Donald Trump sued CNN for defamation on Monday, seeking $475 million in punitive damages and claiming that the network had carried out a "campaign of l...
Oct 03, 2022
Peoria, IL, USA
43 °F Overcast
