Here’s the White House view of the current trilogy of so-called scandals: Republicans are trying to destroy President Barack Obama’s second term by magnifying bureaucratic miscues and distorting policy realities. This isn’t without some merit.
Walt Disney Co.’s ABC network, ranked last among the TV viewers that advertisers target, will add five comedies and seven dramas to its schedule, including a show based on the secret agency from Marvel’s “Avengers.”
Berkshire Hathaway Inc.’s $1 billion note sale shows that while Chief Executive Officer Warren Buffett may pity investors who’ve stuck with bonds as yields fall to record lows, he’ll sell them as much debt as they want.
The sale of at least NZ$1.6 billion ($1.4 billion) of Mighty River Power Ltd. in New Zealand’s biggest initial public offering will test investor appetite for state assets as the government seeks to slash borrowing.
New Zealand’s stock market will be supported by growing earnings as the economy recovers and more mergers and acquisitions boosts prices, according to the country’s biggest non-government fund manager.
Stanley Druckenmiller, one of the best-performing hedge-fund managers of the past three decades and an avid golfer, is among those who gave a total of $6.8 million to the Masters Tournament Foundation in 2011.
Asian stocks rose as U.S. lawmakers said they’re optimistic for an agreement to avoid automatic spending cuts and tax increases and as the leader of Japan’s opposition party called for unlimited monetary policy easing.