XML US Business News

Berkshire Hathaway Posts Lower Profits

published about 3 hours ago
Berkshire Hathaway Posts Lower Profits
Warren Buffett’s Berkshire Hathaway posted lower earnings for the fourth quarter amid investment derivative gains of $192 million.

Spain's Bankia Posts Profit Gain

published about 7 hours ago
Spain's Bankia Posts Profit Gain
Spain’s largest bailed-out lender said net profit in the fourth quarter of 2014 was 268 million euros ($300.08 million) from 150 million euros a year earlier.

Sprint, Best Buy to Offer Wireless Phone Plan

published about 13 hours ago
Sprint will offer a wireless phone plan only available at Best Buy that the companies say provides a ‘more simplified way’ to buy phone service.

Guinness to Rejoin New York's St. Patrick's Day Parade

published about 14 hours ago
Guinness to Rejoin New York's St. Patrick's Day Parade
Guinness has decided to resume sponsorship of the St. Patrick’s Day Parade on Fifth Avenue after dropping out last year, sparking criticism from gay activists who want a broad boycott because of what they call the organizers’ discriminatory policies.

Blackstone CEO Took Home $690 Million In 2014

published about 16 hours ago
Blackstone CEO Took Home $690 Million In 2014
Blackstone Group co-founder and CEO Stephen Schwarzman took home about $690 million in dividends, compensation and fund payouts for 2014, a nearly 50% increase from 2013.