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In About-Face, Wall Street’s Big Donors Warm to Trump
They may “hate the man,” as one put it, but major business players from coast to coast are increasingly on board for a second term after the first one alienated them.The New York Times - Business - Donald Trump -
Warren Buffett's Berkshire Hathaway unveiled a big investment in Chubb, resolving a mystery that has intrigued followers of the Omaha, Neb., company.
Warren Buffett’s Berkshire Hathaway unveiled a big investment in Chubb, resolving a mystery that has intrigued followers of the Omaha, Neb., company.The Wall Street Journal - World -
Oil Rises, Buoyed by Second Straight Weekly Fall in U.S. Inventories
Oil gained in early Asian trade, buoyed by a second straight weekly decline in U.S. inventories.The Wall Street Journal - World -
Wildfire Nears Canada’s Largest Oil-Producing Area, Forcing Thousands to Evacuate
The fire, near Fort McMurray, Alberta, has put the community, which is haunted by the costliest wildfire in Canadian history, on high alert.The New York Times - World -
Companies count the cost of compliance with green regulation
Is the EU recklessly piling on costs for companies? Or simply codifying best practice?Financial Times - World -
Fire threat eases near Canada's oil sands hub, but a long, hot summer looms
The threat of a wildfire near Canada’s oil sands hub of Fort McMurray, Alberta, appeared to be easing Wednesday, a day after thousands of residents were forced to evacuate their homes in the city of 68,000ABC News - World -
CEO of Brazil’s oil and gas giant Petrobras steps down following dustup over dividends
The head of Brazil’s Petrobras is stepping down after a fight over dividends, sending shares of the state-controlled oil and gas giant tumblingABC News - World - Brazil -
Data centres have turned Big Tech into big spenders
Companies need AI services revenues, not cost savings, to fuel data centre boomFinancial Times - Business -
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Dell surges 11% on optimism it has secured big AI server orders
"All-in, we are hearing about more AI server momentum at Dell than at any other OEM," wrote Morgan Stanley's Erik Woodring.CNBC - Business -
At Robin Hood Gala, Wall Street’s Heavy Hitters Come Out
The Robin Hood Foundation, an antipoverty organization in New York City, threw a “Matrix”-inspired gala.The New York Times - Lifestyle -
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Japan's Biggest Insurer Plans to Go Big on Foreign Credit
Nippon Life Insurance, the largest insurer in Japan by asset size, is planning to invest more in foreign credit markets, looking to diversify its portfolio even as key domestic yields hover at decade highs.The Wall Street Journal - World - Japan -
Aflac acquired a 40% stake in Tree Line, a private credit shop focused on lending to small and medium-size companies, according to people familiar with the matter.
Aflac acquired a 40% stake in Tree Line, a private credit shop focused on lending to small and medium-size companies, according to people familiar with the matter.The Wall Street Journal - World -
Netflix hits 40 million active users for ad tier, putting it closer to the big leagues for advertisers
Netflix Inc. on Wednesday reported a big jump in demand for its streaming-with-ads plan, and it said it would broadcast more NFL Christmas Day games in the years ahead, as it tries to pull ahead of an industry navigating issues with cable ...MarketWatch - Business - Netflix -
Aaron Judge ties Yankees' single-game franchise record with big night vs. Twins
Judge had four extra-base hits for the second time in his careerCBS Sports - Sports - MLB