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U.S. equity futures slumped lower Friday, while Treasury bond yields moved sharply higher, as investors reacted to a hotter-than-expected November jobs report that would rekindle inflation concerns in the world's biggest economy.
Berkshire Hathaway, billionaire Warren Buffett's company, bought insurance company Alleghany Corp. for $11.6 billion in cash, or $848.02 per share, and will leave the firm largely intact.
Greg Abel, vice chair of billionaire Warren Buffet's Berkshire Hathaway, purchased 168 class A shares at prices between $405,800 and $408,514.01 per share, worth almost $70 million
U.S. stocks closed mixed on Monday as investors fret about CPI data due to be released on Wednesday.
U.S. stocks closed mixed on Monday as investors fret about CPI data due to be released on Wednesday.