Buffett to Retire From Kraft Heinz Board

Buffett to Retire From Kraft Heinz Board

Van Damme is a board member of Anheuser-Busch InBev NV and Restaurant Brands International Inc., according to the Kraft Heinz statement. Berkshire, where Buffett is chairman and CEO, is releasing its annual letter to shareholders Saturday. Bloomberg's Top Live blog will cover Berkshire's annual
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Can Kardashians Trade on Tweets?

I don't really understand Snapchat. I sort of understood it for five minutes back when Snap Inc. went public and its prospectus explained how to use it — turns out, the way I learn best is by having things explained to me by securities lawyers — but apparently since then the product has been revamped and
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Travelers Indemnity Settles Housing Discrimination Lawsuit

The National Fair Housing Alliance (NFHA) has settled a lawsuit with Travelers Indemnity Co. that will now guarantee landlords in the Washington, D.C., housing market will not be denied commercial insurance coverage from Travelers because their apartments being are rented to people using Housing
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Dominion Lending Centres Group is Canada's Largest Mortgage Broker by Volume in 2017

CALGARY, Alberta, Feb. 23, 2018 (GLOBE NEWSWIRE) — Founders Advantage Capital Corp. (TSX-V:FCF) (the “Corporation”) is pleased to announce that its investee partner Dominion Lending Centres Group (“DLC”) was Canada's top mortgage brokerage firm in Canada in 2017 based on total
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Housing market develops faster in towns, villages outside capital

While about half of homes are built by property developers and half by private individuals, just as a year earlier, the KSH noted that the fact that the number of completed homes in Budapest stopped growing was due to a 8.6% drop in the number of homes built for sale and rent. The average size of new
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Bank Fraud Adds to Rupee's Woes as Lenders May Curb Trade Credit

The $2 billion fraud unearthed at Indian lender is casting its shadow over the rupee, already the second-worst performer in Asia this month, as banks tighten the availability of trade finance. There's concern that banks won't roll-over existing trade credit as they increase scrutiny of short-term borrowing
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International Paper (NYSE:IP) Upgraded at Zacks Investment Research

International Paper logo International Paper (NYSE:IP) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday, February 6th. The firm currently has a $70.00 price objective on the basic materials company's stock. Zacks Investment
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NRA Corporate Partners Hit With Boycott Calls

“Our company provides discounted rooms to several large associations, including the NRA,” said Tim Hentschel, co-founder of HotelPlanner.com. “These associations greatly benefit our customers by buying discounted rooms from groups that might otherwise be charged a penalty by hotels for not using
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Technical Issue Information

Thank you so very much for your patience. Due to an equipment malfunction in one of our data centers, many of BB&T's banking services remain unavailable this morning. This includes online banking, our mobile banking app, and our automated Phone24 service. At this time, we have no reason to
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SEC votes to extend compliance date for liquidity classification

The Securities and Exchange Commission (SEC) has voted to extend its deadline on open-end funds complying with certain elements of the its liquidity risk management programme rule. According to the SEC, the deadline, which will be extended by six months, will provide funds additional time to
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New Jersey District Court Finds Defendants Liable to Title Insurance Company for Conversion, But …

In an action by plaintiff title insurance company against defendants for claims of fraud and conversion arising out of defendants' sale of their house and the use of the proceeds thereafter, the United States District Court for the District of New Jersey granted in part plaintiff's motion for summary judgment
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Why we shouldn't be fixed in our mortgage mindset

Fixed rates lock in your mortgage interest rate for a set period, typically between one and three years. That's a potential negative if rates drop and you're stuck paying a higher rate than those on variable loans, and it's what caught me out back in the 2000s when variable rates were around 7 per and I
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Trump to Announce New Round of Sanctions Against North Korea

President Donald Trump said he'll announce his administration's largest U.S. sanctions package yet against North Korea on Friday. The sanctions, which Trump plans to unveil at a meeting of conservatives near Washington, aims to disrupt North Korean shipping and trading companies and vessels to
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Philip Morris International Inc. (NYSE:PM) Shares Sold by West Oak Capital LLC

Enterprise Financial Services Corp raised its position in shares of Philip Morris International by 7.1% during the 2nd quarter. Enterprise Financial Services Corp now owns 7,409 shares of the company's stock worth $870,000 after purchasing an additional 494 shares during the period. Garde Capital Inc.
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North Korean Hackers Breach Sawiris' Orascom Network

North Korea's increasingly aggressive hackers are now going after one of the few foreign companies that has been willing to work with the intransigent regime. Kim Jong Un's cyber warriors broke into dozens of desktop computers and laptops at Orascom Telecom Media and Technology Holding SAE,
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A sweeping new bill targets California's housing crisis

It now ranks 49th in housing units per capita. The predictable consequence of demand growing faster than supply is that existing housing in the state, especially in its biggest cities, has become insanely expensive. Seven of the 10 most expensive US real estate markets are Californian. The median
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Prime-Age Men May Never Return to US Workforce, Fed Paper Says

Men in their prime working years have left the labor force at an astonishing rate and they may never return if the state of the U.S. job market holds, according to a new report from the Federal Reserve Bank of Kansas City. A decline in demand for middle-skilled work — a phenomenon dubbed “job
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Corporate Asset Solutions launches separate lender and broker services

Southampton-based lender Corporate Asset Solutions (CAS) has relaunched its business with divisions dedicated to services for brokers and services for lenders. CAS operations director Trevor Pirie said that the relaunch was designed to clarify the business' offering to brokers. CAS no longer runs a
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4 Ways to Keep Politics From Dividing the Workplace

… with each day bringing more gory details of national strife and division. The challenge for great companies? Preventing toxic political discourse from seeping into the workplace. So we asked folks—some in the business of counseling Fortune 500 companies—how they're advising their employees and
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Refinance mortgage rate falls for Friday

Monthly payments on a 15-year fixed refinance at that rate will cost around $728 per $100,000 borrowed. The bigger payment may be a little harder to find room for in your monthly budget than a 30-year mortgage payment would, but it comes with some big advantages: You'll come out thousands of
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