The development represents a rare blow for Buffett, who avoids bidding wars for companies and had swooped in two months ago to buy Oncor.Read More »
HONG KONG (AP) — World stocks were mostly lower Monday as U.S. and South Korean joint military drills kept markets on edge and investors awaited a key meeting of central bankers later this week.KEEPING SCORE: European shares fell in early trading. France
Chinese SUV maker Great Wall Motors is considering making a bid to buy Fiat Chrysler's Jeep unit, spokespeople for the company said Monday, in a possible ambitious new step onto the global stage for China's fast-growing auto brands. Great Wall has yet to formally declare its interest in Jeep, but a possible acquisition would be in line with chairman Wang Jianjun's goal, announced in February, of becoming the top specialty SUV producer by 2020. Great Wall "has this intention," said the public relations director for its Haval SUV brand, Zhao Lijia, when asked about a report by Automotive News that the Chinese automaker wants to buy Jeep.
Prospectors have mined 20 million ounces of gold from the Yukon’s famous Klondike since the Gold Rush. This is the Mother Lode of Klondike gold that countless prospectors have been trying to get at for over a century. Now it’s a story of amazing technology that’s enraptured everyone on the Discovery Channel, a Canadian billionaire whose touch turns everything to gold, and a legendary geologist of gold-discovery fame.