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U.S. markets news

Warren Buffett: No luck finding companies to buy at a 'sensible' price
Forget bargains, when it comes to corporate acquisitions there were no companies to be had over the last year at even a “sensible purchase price,” according to billionaire investor Warren Buffett.
Don't thank Warren Buffett for Berkshire Hathaway's earnings windfall  Washington Examiner
Warren Buffett's bet against hedge funds had an 'unforeseen ...  Yahoo Finance
USA TODAY  
#BoycottNRA: Hertz and Avis are the latest companies to cut ties with gun ...
Several major companies - Enterprise Holdings, First National Bank of Omaha, Symantec, Hertz and Avis - have ended co-branding partnerships with the National Rifle Association as a #BoycottNRA social media movement picks up steam.
One By One, Companies Cut Ties With The NRA  NPR
These companies have cut ties with the NRA  CNNMoney
'People have gone chicken crazy': what the KFC crisis means for the brand
A logistics problem left the firm's UK supplies sat in a warehouse. What went wrong and how will KFC and DHL recover? Alexandra Topping.
KFC apologizes for chicken shortage with a hilarious hidden message  CNNMoney
From KFC, a 3-Letter Apology for Its UK Chicken Crisis  New York Times
Who Is Nirav Modi, the Wanted Billionaire Jewelry Maker Suspected in $1.8 ...
Mehul Choksi, one of two businessmen allegedly involved in perpetrating India's biggest ever banking fraud, broke his silence at the weekend with an open letter to employees claiming his innocence and telling them to look for other jobs.
PNB fraud fallout: RBI tells banks to link CBS with SWIFT system by April 30  Economic Times
To Get Nirav Modi, Mehul Choksi Back, Passports Cancelled: 10 Facts  NDTV
Citigroup Is Refunding $335 Million to Credit Card Customers
Citigroup Inc., one of the world's largest credit-card issuers, said it will refund $335 million to U.S. customers whose annual percentage rate should have been lower.
Citigroup will refund $330 million to credit card customers it overcharged  CNNMoney
Citigroup Offers a Takeaway by Turning Itself In  Bloomberg
The FCC's Republicans went to a conservative confab. One won a gun, the other ...
The Republicans who lead the country's top telecom agency arrived at an annual gathering of influential conservatives Friday hoping to tout their business bona fides - from freeing the Internet from government's grasp to battling back the efforts of ...
NRA honors FCC chair with rifle for repealing 'net neutrality'  Reuters
The NRA Just Awarded FCC Chair Ajit Pai With a Gun for His 'Courage'  Gizmodo
Health and wellness products for your pet are a growing industry, says pet ...
Last year, the pet food industry grew three times as fast as the packaged food industry, according to Euromonitor, a research firm.
Is this a good deal for General Mills? Only the company can make it so  Minneapolis Star Tribune
General Mills Pays Steep Price to Get Into High-Growth Business  Bloomberg
Dropbox Files for Its Initial Public Offering
Drew Houston, chief executive officer and founder of Dropbox Inc., standing in front of the company's logo at an event last year in San Francisco.
5 Fascinating Things From Dropbox's IPO Filing  Fortune
Dropbox avoids Snap's IPO mistakes, but only slightly  MarketWatch
Chairman of China's Geely as 9.7% stake in Daimler
BERLIN -- The billionaire chairman of Chinese car maker Zhejiang Geely Holding Group Co. has accumulated a 9.7% stake, valued at about $9 billion, in Germany's Daimler AG, the biggest overseas investment yet by China Inc. in the West's automotive ...
Geely Founder Li Shufu is a New Shareholder of Daimler AG  PR Newswire (press release)
Geely says won't buy more Daimler shares 'for the time being'  Reuters
Free trade groups write open letter to Trump condemning steel import tariffs
Six free trade advocacy groups wrote an open letter to President Donald Trump urging him not to impose tariffs on steel and aluminum imports from overseas.
Trump Trade Action Could Boost Steel And Aluminum Makers, Hurt Other Industries  NPR
Trump Considering Huge Tariff Increase on Steel, Aluminum With Weak ' ...  Reason (blog)