Modi orders complete lockdown for 1.3 billion people in India

Modi said the lockdown would start at midnight local time, would last for a minimum of 21 days, and would apply to all of India’s 36 states and territories. “You have seen the worldwide situations arising from the coronavirus pandemic in the news. You have also seen how the most powerful nations have become helpless […]

Buffett spends record $2.2 billion buying Berkshire shares

Warren Buffett kicked his stock-buyback program into high gear, spending $2.2 billion on repurchases in the last three months of 2019, the most ever in a single quarter — and he’s looking to buy even more. Buffett’s Berkshire Hathaway Inc., which loosened its repurchase policy almost two years ago after being stymied on the dealmaking […]

US Approves $2.7 Billion Potential Sale of 12 F-35B Jets to Singapore

The US State Department green-lighted the sale of 12 F-35B fighter jets to Singapore in a deal worth more than $2.7 billion, the Defence Security Cooperation Agency said in a statement, Trend reports citing Sputnik. “The State Department has made a determination approving a possible Foreign Military Sale to Singapore of up to twelve F-35B […]

How much is Saks flagship store worth? $2.7 billion less than it was 5 years ago, says new appraisal

Hudson’s Bay Co.’s real estate holdings — once considered the brightest spot in a sagging department store empire — are worth a fraction of previous estimates, according to new appraisals released Tuesday as part of a bid to take the company private. The documents suggest the value of HBC’s real estate has fallen from $35.24 […]