(Reuters) - Toys "R" Us (Canada) Ltd on Friday received U.S. and Canadian court approval to sell itself to Prem Watsa's Fairfax Financial Holdings Limited (FFH.TO), the bankrupt toy retailer said in a statement.
The sale, which also includes Babies "R" Us stores in Canada, is expected to close this quarter, the company said.
(Reporting by Ahmed Farhatha; Editing by Arun Koyyur)
"We are not very ambitious. I should be careful about talking about work-life balance, but the Americans just work harder.”
In his 2016 letter to Berkshire Hathaway shareholders, legendary investor Warren Buffett wrote, “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, it’s imperative that we ...
Microsoft reported better than anticipated Q3 earnings on Thursday, powered by growth in its cloud products.
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Car-rental operator Hertz reported it lost another $200 million due to its EV gamble.
This growth ETF has nicely outperformed the S&P 500 since its inception.
On paper, Mark Zuckerberg is Meta’s lowest-paid employee, with a $1 dollar salary and no bonus.
Gross said in a post on X to avoid tech, but if you have to invest in the sector, one name stands out.
This is what could happen next to GE Aerospace shares.
Intel reported its Q1 earnings on Thursday, beating analysts' estimates. But a disappointing outlook sent shares sliding.