Archive for July 4, 2010
Petraeus Formally Assumes Command In Afghanistan
General David Petraeus has formally taken command of the 1,40,000-strong U.S. and Nato forces battling insurgents in Afghanistan. The general took over at a modest military ceremony in Kabul.
Reports: General Motors Seeks $5 Bln Line Of Credit; Aims For Mid-August IPO – Update
Automaker General Motors Co. is in talks with major banks to set up a $5 billion revolving line of credit, according to media reports on Saturday. The company is now reportedly aiming to file an initial public offering of stock in mid-August.
Melzer And Petzchner Win Wimbledon Men’s Doubles Title
Austria’s Juergen Melzer and Germany’s Philipp Petzschner won the Wimbledon men’s doubles title on Saturday with a straight sets victory.
Buffett Donates $1.93 Bln In Shares To Charities – Update
Billionaire Warren Buffett has donated $1.93 billion in shares of his company, Berkshire Hathaway Inc. (BRKa, BRK-A, BRK-B), to five charitable groups.