SCOTTSDALE, Arizona, Sept 20- When Rick Smith launched his supercharged stun gun in 1999, his startup had produced two failed products, several years of losses and a load of debt. Smith himself took a half-second shock at a December 1999 demonstration in Los Angeles and dropped immediately, according to a log of the event. The weapon, he told police, had been...
OMAHA, Neb.— Shareholders of Canadian lender Home Capital Group have rejected Warren Buffett's offer to buy a second large block of stock in the company. In June, Berkshire Hathaway agreed to lend $1.5 billion to Home Capital and bought roughly 20 percent of Home Capital's stock. That deal included a provision for Berkshire to buy another 20 percent of Home...
FRANKFURT- ECB Governing Council meeting, followed by press conference and an interest rate announcement- 1145 GMT. STOCKHOLM- Swedish Central Bank announces interest rate decision. NEW YORK- Federal Reserve Bank of New York President William Dudley speaks before the Money Marketeers of New York University- 2300 GMT.
FRANKFURT- ECB Governing Council meeting, followed by press conference and an interest rate announcement- 1145 GMT. STOCKHOLM- Swedish Central Bank announces interest rate decision. NEW YORK- Federal Reserve Bank of New York President William Dudley speaks before the Money Marketeers of New York University- 2300 GMT.
HOUSTON, Sept 6- No. 1 U.S. railroad Union Pacific Corp has repaired most of the damage caused to its network by catastrophic flooding brought by Hurricane Harvey to Houston late last month and its network should be fully operational around the end of September, the company's top executive said on Wednesday. In an interview with Reuters after surveying damage to...
FRANKFURT- German Banking Conference with ECB top supervisory Daniele Nouy, German Finance Minister Wolfgang Schauble and Luxembourg Finance Minister Pierre Gramegna, organized by Handelsblatt newspaper. STOCKHOLM- Swedish central bank holds monetary policy meeting no. 4- 0700 GMT. FRANKFURT- ECB Governing Council meeting, followed by press conference...
FRANKFURT- German Banking Conference with ECB top supervisory Daniele Nouy, German Finance Minister Wolfgang Schauble and Luxembourg Finance Minister Pierre Gramegna, organized by Handelsblatt newspaper. STOCKHOLM- Swedish central bank holds monetary policy meeting no. 4- 0700 GMT. FRANKFURT- ECB Governing Council meeting, followed by press conference...
NEW YORK- Federal Reserve Board Governor Lael Brainard speaks before the Economic Club of New York 1200 GMT. FRANKFURT- German Banking Conference with ECB top supervisory Daniele Nouy, German Finance Minister Wolfgang Schauble and Luxembourg Finance Minister Pierre Gramegna, organized by Handelsblatt newspaper. STOCKHOLM- Swedish central bank holds...
NEW YORK- Federal Reserve Board Governor Lael Brainard speaks before the Economic Club of New York 1200 GMT. FRANKFURT- German Banking Conference with ECB top supervisory Daniele Nouy, German Finance Minister Wolfgang Schauble and Luxembourg Finance Minister Pierre Gramegna, organized by Handelsblatt newspaper. STOCKHOLM- Swedish central bank holds...
NEW YORK- Federal Reserve Board Governor Lael Brainard speaks before the Economic Club of New York 1200 GMT. FRANKFURT- German Banking Conference with ECB top supervisory Daniele Nouy, German Finance Minister Wolfgang Schauble and Luxembourg Finance Minister Pierre Gramegna, organized by Handelsblatt newspaper. STOCKHOLM- Swedish central bank holds...
NEW YORK- Federal Reserve Board Governor Lael Brainard speaks before the Economic Club of New York 1200 GMT. FRANKFURT- German Banking Conference with ECB top supervisory Daniele Nouy, German Finance Minister Wolfgang Schauble and Luxembourg Finance Minister Pierre Gramegna, organized by Handelsblatt newspaper. STOCKHOLM- Swedish central bank holds...
NEW YORK- Federal Reserve Board Governor Lael Brainard speaks before the Economic Club of New York 1200 GMT. FRANKFURT- German Banking Conference with ECB top supervisory Daniele Nouy, German Finance Minister Wolfgang Schauble and Luxembourg Finance Minister Pierre Gramegna, organized by Handelsblatt newspaper. STOCKHOLM- Swedish central bank holds...
NEW YORK- Federal Reserve Board Governor Lael Brainard speaks before the Economic Club of New York 1200 GMT. FRANKFURT- German Banking Conference with ECB top supervisory Daniele Nouy, German Finance Minister Wolfgang Schauble and Luxembourg Finance Minister Pierre Gramegna, organized by Handelsblatt newspaper. STOCKHOLM- Swedish central bank holds...
Aug 30- Major U.S. railroads have warned it could be a long time before normal operations resume in the Houston area where Tropical Storm Harvey caused catastrophic flooding that overwhelmed roads, bridges and train tracks. The closure of rail lines in the grain transport hub and nexus for cross-border traffic with Mexico presents a costly headache for...
Aug 30- Major U.S. railroads have warned it could be a long time before normal operations resume after Hurricane Harvey caused catastrophic flooding in the Houston area. The closure of rail lines in the grain transport hub and nexus for cross-border traffic with Mexico presents a costly headache for companies ranging from automakers to farmers which use the...
Aug 30- Major U.S. railroads have warned it could be a long time before normal operations resume after Hurricane Harvey caused catastrophic flooding in the Houston area. The closure of rail lines in a grain transport hub and nexus for cross-border traffic with Mexico presents a costly headache for companies ranging from automakers to farmers which use the...
Aug 29- Warren Buffett's Berkshire Hathaway Inc has become Bank of America Corp's largest shareholder by exercising its right to acquire 700 million shares at a steep discount, more than tripling an investment it made six years ago. Bank of America on Tuesday said Berkshire exercised warrants to acquire its shares for roughly $7.14 each, well below their...
DETROIT, Aug 29- No. 1 U.S. railroad Union Pacific Corp said on Tuesday that a key rail gateway in Texas linking the United States and Mexico remains open, allowing the company to keep running trains north and south. The Omaha, Nebraska- based company said in an announcement to customers on its website that it is re-routing shipments into California that normally run...
Aug 22- Warren Buffett's failure to clinch a $9 billion takeover of the Texas utility Oncor prompted S&P Global Ratings on Tuesday to say the billionaire's Berkshire Hathaway Inc is no longer at risk of a credit rating downgrade. S&P affirmed Berkshire's "AA" rating, its third-highest grade, with a "stable" outlook after Sempra Energy struck an agreement with...
Aug 21- Utility Sempra Energy said on Monday that it would buy Oncor for $9.45 billion in cash after majority owner Energy Future Holdings Corp abandoned a deal to sell the power transmission company to Warren Buffett's Berkshire Hathaway Inc.. Energy Future, which has been in bankruptcy since 2014, had initially planned to seek court approval on Monday for...
