Ownership changes

FILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Berkshire Hathaway Inc. reports earnings on Saturday, Feb. 22, 2020. (AP Photo/Nati Harnik, File)
February 22, 2020 - 11:45 am
OMAHA, Neb. (AP) — Taking advice from Wall Street on deals is a bit like asking “the barber whether you need a haircut,” according to billionaire Warren Buffett. Buffett said in his annual letter to Berkshire Hathaway shareholders Saturday that the current system of reviewing deals doesn't always...
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Democratic presidential candidate and former New York City Mayor Michael Bloomberg speaks during a campaign rally at the Buffalo Soldier Museum in Houston, Thursday, Feb. 13, 2020. Houston Mayor Sylvester Turner stands at right. (Elizabeth Conley/Houston Chronicle via AP)
AP Newsroom
February 18, 2020 - 9:09 pm
SACRAMENTO, Calif. (AP) — Mike Bloomberg would sell the financial data and media company he created in the 1980s — which bears his name and made him a multibillionaire — if he is elected U.S. president, a top adviser said Tuesday. Bloomberg would put Bloomberg LP into a blind trust, and the trustee...
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February 18, 2020 - 8:24 am
SAN MATEO, Calif. (AP) — Franklin Resources is buying competitor Legg Mason for $4.5 billion, creating a financial company with a combined $1.5 trillion in assets under management. Franklin Resources Inc., which operates as Franklin Templeton, said Tuesday that it will pay $50 for each Legg Mason...
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February 18, 2020 - 5:26 am
MILAN (AP) — Italian bank Intesa SanPaolo announced Tuesday a 4.9 billion-euro ($5.3 billion) takeover offer for smaller rival UBI Banca - an unexpected move, even if experts have long called for consolidation in the sector. The Intesa SanPaolo share-swap offer values UBI Banca shares at a 28%...
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FILE - In this Monday, May 14, 2018 file photo, a TGV high-speed train at the Saint-Charles train station, in Marseille, southern France. French train maker Alstom said Monday Feb. 17, 2020, that it is in talks to possibly take over the train business of Bombardier, the Canadian aerospace and engineering company. (AP Photo/Claude Paris, file)
February 17, 2020 - 1:33 pm
PARIS (AP) — French train maker Alstom has announced an multibillion-euro offer to buy the rail business of Canadian engineering firm Bombardier, as it tries to bulk up to compete with big rivals, particularly from China. Alstom, which makes the French TGV high-speed trains, said in a statement...
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FILE - In this Feb. 19, 2017, file photo, Wei Jianjun, chairman of Great Wall Motors Ltd., gestures as he speaks during an event celebrating it sales passing the one million mark, at the Great Wall headquarters in Baoding in north China's Hebei province. General Motors decision to pull out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments raised dismay Monday, Feb. 17, 2020 from officials concerned over job losses. The words behind reads "By 2020, Haval SUV sales will pass 2 million, become the world's biggest specialty SUV brand." (AP Photo/Andy Wong)
AP Newsroom
February 17, 2020 - 7:29 am
DETROIT (AP) — General Motors decision to pull out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments raised dismay Monday from officials concerned over job losses. The company said in a statement Sunday that it plans to...
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This April 11, 2015, photo provided by EcoFlight shows the White Mesa Uranium Mill near Blanding in southeastern Utah. The Trump administration is asking Congress for $1.5 billion over 10 years to build up a U.S. uranium stockpile, saying it wants to break an over-reliance on foreign uranium that undermines U.S. energy security. The White Mesa facility is one of the sites where production could be ramped up under the proposal. (Dom Smith/EcoFlight via AP)
February 14, 2020 - 11:19 pm
SALT LAKE CITY (AP) — President Donald Trump's $1.5 billion proposal to prop up the country's nuclear fuel industry has emboldened at least one company to take steps toward boosting operations at dormant uranium mines around the West, including outside Grand Canyon National Park. The company,...
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Police officers stand near activists outside BP's headquarters to mark the first day of the oil company's new chief executive Bernard Looney, at St James' Square in London, Wednesday Feb. 5, 2020. Around 100 environmental activists mounted the peaceful protest in central London as Bernard Looney prepared to take up his new role. (Victoria Jones/PA via AP)
February 12, 2020 - 11:06 am
LONDON (AP) — Energy producer BP said Wednesday it wants to eliminate or offset all carbon emissions from its operations and the oil and gas it sells to customers by 2050, though it remains unclear how it would achieve such an ambitious target as the company comes under pressure to help combat...
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February 11, 2020 - 12:00 pm
GENEVA (AP) — Swiss authorities said Tuesday they have opened an investigation into allegations a Zug, Switzerland-based maker of encryption devices was a front operated by the CIA and West German intelligence that enabled them to break the codes of the countries that used their products. A joint...
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FILE - In this Jan. 15, 2020, file photo T-Mobile chief executive John Legere speaks to reporters as he leaves the courthouse in New York. A federal judge has removed a major obstacle to T-Mobile's $26.5 billion takeover of Sprint, as he rejected claims by a group of states that the deal would mean less competition and higher phone bills. (AP Photo/Seth Wenig, File)
AP Newsroom
February 11, 2020 - 11:40 am
NEW YORK (AP) — A federal judge has cleared a major path to T-Mobile's $26.5 billion takeover of Sprint, as he rejected claims by more than a dozen states that the deal would mean less competition and higher phone bills. Though the deal still needs a few more approvals, T-Mobile expects to close it...
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