initial-public

Samsung America says it has replaced most recalled Galaxy Note 7s

(Reuters) – Samsung Electronics America said on Friday it has replaced nearly 85 percent of all recalled Galaxy Note 7 devices as it works to resolve the issue of fire-prone phones. South Korean parent company Samsung Electronics Co Ltd announced the global recall of at least 2.5 million Note 7s in early September following numerous reports of the smartphones catching fire. Samsung will be releasing a software update in the coming days to limit the phone's ability

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Samsung America says it has replaced most recalled Galaxy Note 7s

initial-public

Berkshire profit falls 24 percent, keeps Wells Fargo stake

Berkshire is Wells Fargo's largest shareholder. Quarterly net income for Omaha, Nebraska-based Berkshire fell to $7.2 billion, or $4,379 per Class A share, from $9.43 billion, or $5,737 per share, a year earlier. Operating profit, which excludes investment and derivative gains and losses, rose 7 percent to

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Berkshire profit falls 24 percent, keeps Wells Fargo stake

initial-public

Alphabet’s unit discloses Snapchat investment

(Reuters) – Alphabet Inc's venture capital arm CapitalG, earlier known as Google Capital, disclosed an investment in Snapchat by adding the social networking firm's logo to a page on its investment portfolio website. CapitalG has not made a formal announcement and it was not clear when Google made the investment. The …

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Alphabet’s unit discloses Snapchat investment

initial-public

Exclusive: Landry’s and Jefferies CEOs to launch acquisition company – sources

The SPAC will be called Landcadia, a combination of the names Landry's and Leucadia, and plans to raise as much as $300 million in an initial public offering (IPO), the people said. SPACs, also known as blank-check acquisition companies, have no assets but use IPO proceeds, together with bank financing, to buy other companies and boost their value through operational improvements.

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Exclusive: Landry’s and Jefferies CEOs to launch acquisition company – sources