Warren Buffett’s Berkshire Hathaway Inc. took a stake in Chicago Bridge & Iron Co. in a bet that the construction company will benefit from infrastructure spending as customers liquefy natural gas and use it as a feedstock.
The hackers often struck late on Fridays, starting about a year ago, sending skeleton crews at more than a dozen European banks rushing to keep bombardments of digital gibberish from crashing their websites.
Regions Financial Corp., Alabama’s biggest bank, said first-quarter profit rose 68 percent, beating analysts’ estimates on cost cuts and lower provisions for loan losses. The shares rose the most in three months.
The Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency plan to issue guidelines to banks this week aimed at curbing offerings of short-term loans, according two people briefed on the plans.