DaVita HealthCare Partners Inc. rallied the most since 2009 after signing an agreement that was seen as setting a path for Warren Buffett’s Berkshire Hathaway Inc. to negotiate for a possible takeover.
Warren Buffett’s Berkshire Hathaway Inc., the largest investor in DaVita HealthCare Partners Inc., agreed not to acquire more than 25 percent of the dialysis provider after raising the possibility of increasing its stake.
During the Cold War, scientists working at the laboratories of the Massachusetts Institute of Technology produced ideas and inventions, such as distant early- warning radar and satellite-tracking systems, designed to help the U.S. prevail over the Soviet Union.
After firing 20 percent of its workers, doubling water rates and outsourcing trash collection, Flint, Michigan, has a balanced budget. It’s also approaching the point at which it can’t function as a city.
The University of Kentucky’s eighth men’s basketball championship last April drew 42.9 million broadcast viewers for an annual event that raised $705 million in television rights fees for college sports’ national organization.