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  • GE
    The Wall Street Journal57 minutes ago

    [$$] GE Chief: Globalization Isn’t Over, It Is the End of the ‘Global Elite’

    GE CEO Jeff Immelt said the conglomerate’s transformation over the past decade has enabled it to profit from increasingly important markets for its jet engines and power turbines.

  • BRK-A
    The Wall Street Journal1 hour ago

    [$$] Behind Buffett’s $18 Billion Apple Bet

    Berkshire Hathaway’s stake in Apple checks many of the boxes of Warren Buffett’s biggest investments: a strong brand name, a relatively low valuation and consistent share buybacks and dividends.

  • IEP
    Reuters3 hours ago

    Icahn representative to several corporate boards has left firm, eyes starting own fund

    Samuel Merksamer, who represents billionaire Carl Icahn on several corporate boards, has exited the activist investor's firm and a source familiar with his plans said that he is exploring launching his own hedge fund. At the same time Vincent Intrieri, another long-time Icahn executive who also sits on boards on behalf of the activist investor, retired from the firm, the source said. Merksamer had since 2008 been a managing director at Icahn Capital, a unit of Icahn Enterprises LP, and served on the boards of more than a dozen companies on his behalf, according to biographies on corporate websites.