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  • Blue Bell Creameries resumed selling its products at some locations Monday, four months after the Texas- based retailer halted sales due to listeria contamination at some plants prompted health concerns that drew the regulatory scrutiny of federal and state officials. Blue Bell ice cream is available again at stores in the Houston and Austin areas,...

  • Berkshire Hathaway builds stake in refiner Phillips 66 Saturday, 29 Aug 2015 | 3:07 PM ET

    Billionaire investor Warren Buffett's company has amassed a stake worth nearly $4.5 billion in Phillips 66 more than a year after trading a chunk of its holding in the oil refiner for a chemical business investment. A regulatory filing says Berkshire Hathaway Inc. has accumulated about 58 million shares, which amounts to more than 10 percent of the Houston...

  • TORONTO, Aug 28- The owner of adultery website Ashley Madison had already been struggling to sell itself or raise funds for at least three years before the publication of details about its members, according to internal documents and emails also released by hackers as part of their assault on the company in recent weeks. Avid Life Media announced on Friday that...

  • The carnage of the last week- even with Wednesday's and Thursday's rebound- has been particularly acute for investors who have seen their overweight positions in companies such as social media site Facebook, pharmaceutical company Valeant, internet retailer Netflix, carmaker Tesla Motors and renewable energy company SunEdison get pummeled in the last...

  • NEW YORK, Aug 27- Donald Trump had to do a bit of damage control on Thursday after repeatedly dropping Carl Icahn's name in a campaign speech and then saying most good business negotiators were "vicious, horrible, miserable human beings." Trump, who is leading the Republican field in the polls by a wide margin, was telling the audience at a rally in Greenville, South...

  • But the stock climbed further after the billionaire investor disclosed the stake in a filing with the U.S. Securities and Exchange Commission, and said that he plans to speak with Freeport and may seek board representation. Freeport is undervalued, Icahn said in the filing, and he intends to address "executive compensation practices and capital structure as...

  • Aug 27- The billionaire chief executive of Dole Food Co and his top lieutenant must pay $148.2 million of damages to shareholders they shortchanged when the produce company went private in 2013, a Delaware judge ruled on Thursday. In a decision that may cast a pall on management-led buyouts, Vice Chancellor Travis Laster said Dole Chief Executive David...

  • Dole Food CEO, former top exec ordered to pay $148M Thursday, 27 Aug 2015 | 2:27 PM ET

    DOVER, Del.— A Delaware judge on Thursday ordered 92- year-old Dole Food CEO David Murdock and a former top lieutenant to pay $148 million in damages for misleading directors and shareholders in a deal that took the company private in 2013.. The judge on Thursday said the billionaire businessman, along with former Dole president and chief operating officer C....

  • Trump Entertainment Resorts got an injunction barring Local 54 of the Unite-HERE union from beaming the messages onto the Taj Mahal, Tropicana and the shuttered Trump Plaza. The ruling came hours after the New Jersey State AFL-CIO asked union members to boycott the Tropicana and the Trump Taj Mahal. It came hours after the state AFL-CIO asked union members to...

  • Aug 27- A Delaware judge on Thursday said David Murdock, the billionaire chief executive of Dole Food Co, is liable to shareholders for $148.2 million of damages for having shortchanged them when he took the fruit and vegetable producer private in 2013.. In his 106- page decision, Laster also held Dole's recently retired chief operating officer, C. Michael Carter,...

  • Kremlin pivot to China slowed as projects delayed Thursday, 27 Aug 2015 | 6:20 AM ET

    *China watching Russian economy, currency crisis. MOSCOW, Aug 27- A growing economic crisis in Russia and a growth slowdown in China that has rattled world markets mean about $113 billion worth of joint projects ranging from gas pipelines to power grids have been stalled or delayed. With a major crackdown on corruption also in progress in China, and Russia hit by...

  • *U.S. billionaire Warren Buffett "jumpstarted" the project. *Kazakhstan suffered from Soviet-era nuclear tests. ASTANA, Aug 27- The International Atomic Energy Agency and Kazakhstan signed an agreement on Thursday to locate the first internationally-controlled bank of low-enriched uranium in the ex-Soviet nation to ensure fuel supplies for power stations...

  • BEIJING, Aug 27- China's richest man said on Thursday the government needs to give up any "fantasy" of maintaining high economic growth rates, unusually bold comments at a time when Beijing is grappling to contain a market meltdown that has hammered global equities. Billionaire Wang Jianlin, speaking after his company Dalian Wanda Group said it had bought World...

  • *U.S. billionaire Warren Buffett "jumpstarted" the project. *Kazakhstan suffered from Soviet-era nuclear tests. ASTANA, Aug 27- The International Atomic Energy Agency and Kazakhstan signed an agreement on Thursday to locate the world's first bank of low-enriched uranium in the ex-Soviet nation to ensure fuel supplies for power stations and prevent nuclear...

  • BOSTON, Aug 26- William Ackman's hedge fund Pershing Square Capital Management is down for the year so far after the recent market decline, the billionaire investor told investors on Wednesday. Lower commodity prices or economic weakness in China are unlikely to have a "material impact on the intrinsic value of the portfolio," Ackman continued.

  • DUBUQUE, Iowa— Republican presidential candidate Donald Trump has opened up a new media feud, taking on another popular TV news personality even as his appearances continue to draw big ratings. Trump engaged in a prolonged confrontation Tuesday with Jorge Ramos, the Miami- based anchor for Univision, during a news conference in Dubuque, Iowa.

  • MEXICO CITY, Aug 25- Oil companies competing in the next phase of Mexico's historic Round One auction will know the minimum level of profits demanded by the government prior to the auction, the sector regulator said on Tuesday, in a bid to raise investor interest. Mexican billionaire Carlos Slim's Carso Oil and Gas is also among the firms that have pre-qualified...

  • MEXICO CITY, Aug 25- America Movil said on Tuesday it is facing a Mexico regulatory probe into whether its fixed-line unit Telmex violated the terms of its concession, and whether it broke the law, dealing a blow to its television ambitions at home. The probe will come as a major blow to America Movil, which is owned by the family of billionaire Carlos Slim and was...

  • ATLANTIC CITY, N.J.— Atlantic City's main casino workers union said Tuesday it is giving billionaire Carl Icahn "one last chance" to avoid a strike at the Taj Mahal casino by reinstating employee health and pension benefits. The union wants the restoration of health insurance and pension benefits that Trump Entertainment Resorts canceled last October after a...

  • NEW YORK, Aug 25- Buddhism, which holds that wealth is temporary and no path to happiness, might not sound like the best source for money wisdom. Not so, says Ethan Nichtern, the prominent Buddhist teacher, who has written a new book, "The Road Home," on self-awareness and spiritual seeking. Q: You were raised in money-centric New York City.