Trim apple and sold off paramount at a loss. Speaking of paramount, the company is, or its special committee is opening up negotiations with sony and apollo. Theyre also talking with skydance as well about their bid for the overall company. From here at the Milken Institute global conference in los angeles, the next two hours, were going to be joined by marc rowan, David Solomon, and darren woods. So, nice lineup ahead, guys. Lets begin, david, with buffett and apple after that stocks friday rally. Berkshire says it did trim its stake by about 13 to just over 135 billion in q1. Didnt stop buffett from praising apple at the meeting over the weekend. Take a listen. At the end of the year, i would think it extremely likely that apple is the largest common Stock Holding we have now. When we look at cocacola and American Express and apple, we look at them as businesses. Now, theres differences in tax factors, managerial responsibilities, all sorts of things, but in terms of pulling your mon
Now on bbc news, all the latest Business News live from singapore. Status check. The Banking Regulator in china wants a report card on overseas acquisitions. Kazakhstan is strapping in for what could be a fast ride on chinas one belt, one road expansion. Good morning, asia. Hello, world. Welcome to another edition of Asia Business report. Its a friday. Im sharanjit leyl. Chinas Banking Regulator has ordered a group of lenders to assess the exposure to offshore acquisitions by a handful of companies on a buy spree overseas. They are some of chinas largest, like hna and fulson. I spoke to our shanghai correspondent asking why authorities are so worried. There are two elements to this. They see the acquisitions, a vast 235 Billion Us Dollars last year, they see it as giving a risk to the currency. They dont want that level of capital out of there. And they are worried about big chinese conglomerates raising money in this country. There is a big worry about debt overall in china. Wealth ma
Representative kevin brady last night. We have two Top Economists to weigh in. Federal prosecutors are reportedly investigating 21st century fox over whether it should have disclosed information about Sexual Harassment settlements. Those details as well. Lets get right to the latest. Eamon javers and kayla tau xi are at the white house. Reporter a bit of an airing of grievances from the president on a number of subjects. We did hear some Important Information about the sequencing of his legislative agenda later on through the year in terms of taxes and obamacare. Heres what he had to say. The tax would be easier in my opinion but for statutory reasons and budgetary reasons we have to submit the health care sooner. Early march, mid march and after that were going to come up and were doing very well. Reporter so the president there saying that health care goes first in march or mid march and then tax reform. You know, politically that could be a challenge for the president because as we
Im no marketing guru. But this guy is. Hes from madison avenue. He likes to say things like. Raised without antibiotics. Thats a phrase he invented to make chicken sound safer. And it doesnt mean much because, by federal law, all chickens must be clear of antibiotics before they leave the farm. Ive got more. Mom approved . Caffeine free . We think mr. Marketing guru would fit in better at a different chicken company. Ooh, i got it. Gluten free. All chicken is gluten free. I dont think thats. Oh, ok, it is. Fresh, delicious chicken from sanderson farms. Who will be the next president . The polls open in about eight hours. Trump and clinton are crisscrossing the country making the final push for both of them in just moments. This is in grand rapids michigan. It is midnight and donald trump is about to take the stage. We have Team Coverage on the eve of the election answering all the big questions. How do you know your vote will be counted . How do you know it will be safe at the polls .
Im no marketing guru. But this guy is. Hes from madison avenue. He likes to say things like. Raised without antibiotics. Thats a phrase he invented to make chicken sound safer. And it doesnt mean much because, by federal law, all chickens must be clear of antibiotics before they leave the farm. Ive got more. Mom approved . Caffeine free . We think mr. Marketing guru would fit in better at a different chicken company. Ooh, i got it. Gluten free. All chicken is gluten free. I dont think thats. Oh, ok, it is. Fresh, delicious chicken from sanderson farms. Who will be the next president . The polls open in about eight hours. Trump and clinton are crisscrossing the country making the final push for both of them in just moments. This is in grand rapids michigan. It is midnight and donald trump is about to take the stage. We have Team Coverage on the eve of the election answering all the big questions. How do you know your vote will be counted . How do you know it will be safe at the polls .