The shekel completed its longest stretch of daily gains in more than three decades after billionaire Warren Buffett’s Berkshire Hathaway Inc. agreed to pay $2.05 billion for a stake in an Israeli company, the latest of almost 150 acquisitions in the country in the past year.
Square Inc., the payments startup founded by Twitter Inc. Chairman Jack Dorsey, is adding features to target the restaurant industry as it moves beyond individual merchants such as dog walkers and taxi drivers.
Coinstar Inc., owner of the Redbox DVD rental machines, gained the most in three months after efforts to squeeze more from its kiosks fueled quarterly profit that beat analysts’ estimates and the company said it plans to change its name to Outerwall Inc.
Since founder Jim Casey left United Parcel Service Inc. after more than five decades in charge, the company’s chief executive officers have served for an average of 5 1/2 years. Scott Davis reaches that milestone in June.
Square Inc. is introducing hardware designed to work with its mobile-payment software, seeking to replace cash registers by companies including NCR Corp. and stepping up competition with EBay Inc. and Intuit Inc.
Gay-marriage advocates, aiming to show broad support as the U.S. Supreme Court takes up the issue for the first time, have enlisted Apple Inc., Morgan Stanley and dozens of Republicans who once held top government positions.