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Berkshire invests in JPMorgan, Oracle as Buffett puts cash to work

20 hours ago DieselGasoil Comments Off on Berkshire invests in JPMorgan, Oracle as Buffett puts cash to work
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Wednesday said it had taken stakes in JPMorgan Chase & Co, Oracle Corp and Travelers Cos, as the conglomerate puts some of its large cash hoard to work. FILE PHOTO: Warren Buffett, CEO of Berkshire Hathaway Inc, pauses while playing bridge as part of the company annual Read More

Juul Labs to pull sweet e-cig flavors to curb youth use

2 days ago DieselGasoil Comments Off on Juul Labs to pull sweet e-cig flavors to curb youth use
(Reuters) – Juul Labs Inc, the U.S. market leader for electronic cigarettes, said on Tuesday it will pull popular flavors such as mango, cucumber and fruit from retail store shelves in an effort to reduce surging teenage use of its products. FILE PHOTO: JUUL e-cigarette vaping pods are shown in this photo illustration taken September Read More

Juul Labs to pull sweet e-cigarette flavors to curb youth use

2 days ago DieselGasoil Comments Off on Juul Labs to pull sweet e-cigarette flavors to curb youth use
FILE PHOTO: JUUL e-cigarette vaping pods are shown in this photo illustration taken September 14, 2018. REUTERS/Mike Blake/Illustration/File Photo (Reuters) – Juul Labs Inc, the U.S. market leader for electronic cigarettes, said Tuesday it will pull popular flavors such as mango, cucumber and fruit from retail store shelves in an effort to reduce surging teenage Read More

Exclusive: Juul sounds out Indonesia for expansion, other Asian countries in its sights

2 days ago DieselGasoil Comments Off on Exclusive: Juul sounds out Indonesia for expansion, other Asian countries in its sights
JAKARTA/LOS ANGELES (Reuters) – Juul Labs Inc is exploring selling its compact vaping devices in Asia and has sounded out government officials in Indonesia, one of the world’s most smoker-friendly countries, although gaining approval there could face significant hurdles. A woman holds a Juul e-cigarette while walking in New York, U.S., September 27, 2018. REUTERS/Brendan Read More

Parkland Fuel Corporation Announces $300 Million Senior Unsecured Note Financing

7 days ago DieselGasoil Comments Off on Parkland Fuel Corporation Announces $300 Million Senior Unsecured Note Financing
(All financial figures are approximate and in Canadian dollars unless otherwise noted) NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Nov. 08, 2018 (GLOBE NEWSWIRE) — Parkland Fuel Corporation (“Parkland”) (TSX:PKI), Canada’s largest and one of North America’s fastest growing independent suppliers and marketers of fuel and Read More

Wells Fargo to combine private bank with ultra-rich client business

7 days ago DieselGasoil Comments Off on Wells Fargo to combine private bank with ultra-rich client business
FILE PHOTO: A Wells Fargo logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren/File Photo (Reuters) – Wells Fargo & Co (WFC.N) said on Thursday it is restructuring its wealth and investment management business to combine its two high-net worth operations, the private bank and Read More

Wells Fargo plans to combine private bank, ultra-high-net-worth units: Bloomberg

1 week ago DieselGasoil Comments Off on Wells Fargo plans to combine private bank, ultra-high-net-worth units: Bloomberg
FILE PHOTO: A Wells Fargo logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren/File Photo (Reuters) – Wells Fargo & Co (WFC.N) plans to combine its ultra-high-net-worth business and its private bank under one leader, Bloomberg reported on Thursday, citing an internal memo bloom.bg/2Pmb9h5. The Read More

Michigan vote to legalize pot fires up investor momentum behind cannabis

1 week ago DieselGasoil Comments Off on Michigan vote to legalize pot fires up investor momentum behind cannabis
NEW YORK (Reuters) – Michigan’s vote Tuesday to become the 10th U.S. state where the recreational use of cannabis is legal is adding more momentum to a trend that some investors now say is inevitable: that marijuana will become legal nationwide within the next 5 years. FILE PHOTO: A small marijuana plant grows in a Read More

Regulators warn Wells Fargo over technology oversight: WSJ

1 week ago DieselGasoil Comments Off on Regulators warn Wells Fargo over technology oversight: WSJ
FILE PHOTO: A Wells Fargo logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren/File Photo (Reuters) – Wells Fargo (WFC.N) received a warning from the Office of the Comptroller of the Currency (OCC) in recent weeks related to its technology Read More

Wells Fargo executives knew auto insurance program was flawed: lawsuit

1 week ago DieselGasoil Comments Off on Wells Fargo executives knew auto insurance program was flawed: lawsuit
WASHINGTON (Reuters) – Wells Fargo & Co executives were warned that an auto insurance plan could be overcharging customers four years before the bank scrapped the program, according to a complaint released by a judge this week. FILE PHOTO: A Wells Fargo logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Read More