7 years ago072(Reuters) - Hedge fund Greenlight Capital said on Friday that it had added a stake in Toshiba Corp as it expects the stock to rise once the Japanese company resolves uncertainties around its bankrupt Westinghouse unit and the sale of its memory business.
The Japanese conglomerate, whose stock closed at 231.6 yen per share on Friday, may...
7 years ago0104(Reuters) - Traditionally buttoned-up Wall Street bank Goldman Sachs Group Inc (GS.N) has relaxed the dress code for its computer engineers in a bid to attract tech talent with a more casual environment.
The fifth-largest U.S. bank by assets told employees in its technology division to "exercise judgment in determining when to adapt to...
7 years ago098NEW YORK (Reuters) - BlackRock Inc's (BLK.N) global chief investment strategist on Tuesday suggested that loose monetary policy may have aided speculation in digital currencies like bitcoin, but he said the risk to the broader financial system appears limited.
The strategist, Richard Turnill, said it might be possible to view price...
7 years ago063Chinese bike-sharing start-up Ofo said on Thursday it has raised more than $700 million in its latest funding round that was led by Alibaba Group and two others, in the largest such fund-raising in the business that has drawn keen investor interest.
Ofo said in a statement that besides Alibaba, the series E funding was led by Hony...
7 years ago086Warren Buffett's Berkshire Hathaway Inc (BRKa.N) may be on the verge of becoming Bank of America Corp's (BAC.N) largest shareholder, after the bank raised its dividend in the wake of a positive assessment of its ability to handle market stresses.
Bank of America on Wednesday boosted its annual dividend 60 percent to 48 cents per share...