- Motley Fool
5 Magnificent Stocks Being Bought for Warren Buffett's $646 Million "Secret" Portfolio
Warren Buffett's secret portfolio contains 90 securities -- five of which are phenomenal businesses whose shares were purchased in the March-ended quarter.
- Barrons.com
Gasoline Prices in California Are Sky-High. State Officials Have a Plan for That.
Most Americans are hoping gasoline prices don’t go over $4 this summer. Chevron and some other top gasoline producers in the state are fighting it aggressively, saying the move will backfire and potentially cause prices to rise even more. California’s attempts to find new ways to lower its sky-high gas prices highlight the state’s tricky transition to cleaner transportation fuels.
- Barrons.com
Chevron-Hess Deal Vote Is Looking Like a ‘Coin Toss’
The agreement Chevron signed last year to buy Hess for $53 billion was expected to transform the oil giant, giving it new assets in fast-growing regions of the world. Everything comes down to a Hess shareholder vote on Tuesday. “It’s trading as a coin toss,” said Roy Behren, co-chief investment officer of Westchester Capital Management, which owns 2.1 million Hess shares, worth about $315 million.
