
(Reuters)-WarrenBuffetthasgivenuphischancetobecomeGoldmanSachsGroupInc'slargestshareholderbyconvertinghiswarrantsintoasmallerstakeinthebankatnoadditionalcosttohisBerkshireHathawayInc.Buffettreceivedthewarrantsaspartofa2008dealduringthedepthsofthefinancialcrisis,whenhisinvestmentinGoldmanwasseenasavoteofconfidenceinthefirm.Underthatdeal,Berkshirehadtherighttobuyabout43.5millionGoldma...

*Needtorampupcocoaoutputto4mlnT,from3mlnTnow-Petraexec*Globalcocoapricescurrentlyat$2,100pertonneByMichaelTaylorJAKARTA,March26(Reuters)-Globalcocoapricescouldmorethandoubleby2020,rallyingtoalevellastseen36yearsago,ifproductionfailstocatchupwithdemand,adirectoratSingapore-basedPetraFoodssaidonTuesday.Cocoademandisforecasttoexceedproductionby45,000tonnesintheseasontoSeptembe...

NEWYORK(Reuters)-TheS&P500setarecordclosinghighonThursday,finishingafifthconsecutivemonthofgainstoextendafour-yearrally.TheS&Phadhoverednearitsrecordformorethantwoweeks,andmarketactionnextweekwillhelpdetermineifthisisjustanothersteppingstonefortherally,orifalong-expectedpullbackisintheoffing.ThebenchmarkS&P500closeditsstrongestquarterinayear-up10percent.TheDowclimbe...

ORLANDO,Florida(Reuters)-Anationalsurveyfound301,874"zombie"propertiesdottingtheU.S.landscapeinwhichhomeownersinforeclosurehavemovedout,leavingvacantpropertysusceptibletovandalismanddegradation.Floridatopsthelistofzombiepropertieswith90,556vacanthomesinforeclosure,accordingtoaforeclosureinventoryreleasedonThursdaybyRealtyTrac,arealestateinformationcompanyinIrvine,California.Illi...

(Reuters)-Wal-MartStoresInchassuedamajorgroceryworkersunionandotherswhohaveprotestedatitsFloridastores,thelatestsalvoinitslegalfighttostop"disruptive"ralliesinandarounditsstoresbygroupsseekingbetterpayandworkingconditions.Wal-Martdoesnothaveunion-representedworkersinitsU.S.stores.Nevertheless,ithaslongfacedoppositionfromvariouslaborgroupsincludingtheUnitedFoodandCommercialWorkersIn...