KARAN PATEL

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5 Habits to Steal From Warren Buffett

<i>This piece originally appeared on Entrepreneur.com.</i><p>When the Oracle of Omaha talks, people make pilgrimages. In fact, thousands of Berkshire Hathaway …

Billionaire earns first-class travel for life by putting Modigliani nude on Amex

A Chinese billionaire will never have to pay for a plane ticket again, after he accrued a staggering number of air miles using his American Express card to buy a $170m painting.<p>Liu Yiqian Liu was the winning bidder for Amedeo Modigliani’s Reclining Nude at a Christie’s auction house earlier in …

First Class Travel

The Last Big Drugstore Deal: Walgreens To Buy Rite Aid For $17.2 Billion

Pharmacy giant Walgreens Boots Alliance said on Tuesday evening it is buying competitor Rite Aid for $9 a share in cash, valuing the retail drugstore chain at $17.2 billion when including debt. The deal will combine two of the nation’s leading pharmacies, potentially helping them adapt to fast …

AB InBev goes public with improved bid for SABMiller

<b>Updated Wednesday, Oct. 7</b><p>After weeks of maneuvering behind the scenes, AB InBev (BUD) has made its play for SABMiller Plc (SBMRY) with a bid valuing …

Fed report: US household wealth hits record high in 2Q

In all of the hubbub surrounding the Federal Reserve’s announcement last week that it will put off an interest rate hike until the end of the year, …