Co-op bank cancels sale process, with US hedge funds potentially injecting new capital

The Co-op says it is in advanced talks with existing investors on a proposal to raise equity capital and recapitalize the bank. “The Proposal, if implemented, would enable the Bank to meet the longer term capital requirements applicable to all U.K. banks...

Senate Health Bill Gets a Wary Reception, From Coast to Coast

Local news coverage across the nation shows that the reaction to the health care bill unveiled by Senate Republicans is almost uniformly negative.

Buffett’s Berkshire Hathaway just became one of the largest shareholders in obscure real estate firm

Real estate investment trust Store Capital on Monday announced Berkshire Hathway has taken a 9.8 percent stake in the company. Warren Buffett’s Berkshire invested $377 million in the company. Store Capital issued 18.6 million shares of stock in a private...