<p>Buffett’s $9 billion bid to acquire Oncor Electric Delivery Co. started to unravel last week after Paul Singer’s Elliott Management Corp. outmaneuvered the Oracle of Omaha by acquiring a small parcel of unsecured debt. That opened a window for Sempra Energy to swoop in and strike a deal to acquire the Texas utility.</p>

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Bullish investors are pushing the prices of copper, aluminum and other industrial metals to multiyear highs, betting that recent signs of resurgent global growth and falling supplies will stoke demand for raw materials.

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“Imports are Christmas morning; exports are January’s MasterCard bill.” - P.J. O’Rourke
Completed in 1883, the Brooklyn Bridge took fourteen years to build. This engineering marvel brought a still distant world even closer together.
Whats important about the Brooklyn Bridge in a bigger, historical sense is what it signals about mankind: as humans were in relentless pursuit of closeness with our fellow man around the world, with trade top of mind. Seemingly every technological advance of major consequence (the telephone, the car, the airplane, the computer, etc.) has been about…

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Despite the soap opera that has become Washington, the Trump Administration will likely succeed or fail on whether it can reignite U.S. economic growth. Regulatory rollback is a big part of its get-America-moving-again agenda, perhaps the biggest, if Congress remains frozen. But while the Administration has made good progress reversing the regulatory overreach of the Obama years, one cluster of mandates could still kill its hope for annual GDP growth that tops three percent — the U.S. financial rules implementing the international Basel Accords.
Enforced in our country mostly by the Federal…

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The housing recovery is suffering partly because baby boomers aren't downsizing as they used to–it's getting too expensive.

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Whisky might not be the most conventional buying opportunity – but for this investor, it's a commodity worth investing in.

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Women are hopeful bro culture could be mortally wounded, but they aren't quite prepping for its funeral.&nbsp;

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Bankrupt Texas utility Energy Future Holdings will abandon a deal to sell power transmission company Oncor to Warren Buffett's Berkshire Hathaway Inc for $9 billion and will accept a $9.45 billion bid for Oncor by Sempra Energy instead, people familiar with the matter said.

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Chinese auto maker Great Wall Motor said it is interested in acquiring Jeep, the profitable U.S. sport-utility vehicle maker owned by Fiat Chrysler Automobiles.

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My last column, Don’t Be Silly, Youre Not Investing When You Buy Collectibles, argued that postage stamps, baseball cards, beanie babies, and other collectibles are not real investments because they dont generate any income. I received several responses, public and private, arguing that gold, expensive jewelry, scarce coins, rare books, and fine art are investmentsevidently because many people own them and their value has gone up over time.
For a value investor, an object is not an investment just because its price has gone up. A value investor thinks of an investment as a money…

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These 400-square-foot homes are built for accessibility and include a living room, galley kitchen as well as a bedroom. They also fit squarely in the yard.

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My last column, Don’t Be Silly, Youre Not Investing When You Buy Collectibles, argued thatpostage stamps, baseball cards, beanie babies, and other collectibles are not real investmentsbecause they dont generate any income. I received several responses, public and private, arguingthat gold, expensive jewelry, scarce coins, rare books, and fine art are investmentsevidentlybecause many people own them and their value has gone up over time.
For a value investor, an object is not an investment just because its price has gone up. A valueinvestor thinks of an investment as a money machine…

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With its decision last week to take the first step toward a trade war with China, the Trump Administration is starting to seem more and more like the Sonny Corleone character in the Godfather, anxious to go to the mattresses. Whats needed is a wise consigliere to explain to the president that this is business, not personal and all of the business and economic arguments are against starting a battle that both sides would lose. The battlefield would be strewn with injured industries, workers and consumers American as well as Chinese.
Perhaps the most dispiriting aspect of any…

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Donald Trump is fixated on a vision of masculine, blue-collar employment. But the retail sector has long had a far greater impact on American employment – and checkout-line technology is putting it at risk

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<p>Once rare American-built oil tankers are now plentiful, changing U.S. gasoline flows and giving shipowners headaches.</p>

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