| Oct 15, 2008
Baltimore's Constellation Energy Group and MidAmerican Energy Holdings Co. said yesterday that the two companies filed an application with the Federal Energy Regulatory Commission requesting approval of their proposed $4.7 billion deal. Warren Buffett's...
| Oct 16, 2008
Constellation Energy Group's largest shareholder, whose higher offer to acquire the Baltimore company was rebuffed for a proposed $4.7 billion deal with Warren Buffett, said yesterday that it will not submit another bid for the firm.
| Oct 30, 2008
Maryland's top energy regulator vowed a thorough review of the sale of Constellation Energy Group as state lawmakers grilled the company's executives about its management and the terms of a deal it struck to avoid a possible bankruptcy.
| Aug 3, 2008
Michael Phelps was 15 years old the day he returned home to Rodgers Forge from his first Olympic Games in 2000. He had finished 5th in the 200-meter butterfly in Sydney, Australia, even though he was mostly ears and arms at that point, and it seemed as...
| Mar 19, 2009
Constellation Energy Group, which narrowly avoided bankruptcy last year, negotiated a deal with France's largest utility ensuring senior managers would receive up to $32 million in long-term performance and retention incentives during the next two years....
| Sep 15, 2009
Nearly a year ago, Constellation Energy Group was fighting for its very existence as a credit crisis during the financial sector meltdown pushed the company to the verge of bankruptcy.
On Monday, the Baltimore company faced a different fight: trying to...
| Oct 1, 2014
| 1:58 PM
(Reuters) - Coca-Cola Co, facing criticism from Warren Buffett and other investors for its outsized employee share rewards, said it had adopted new guidelines that would limit its stock compensation plan and improve transparency.
The company said its new...
| Sep 29, 2014
| 6:27 PM
The nine Connecticut billionaires that made this year's Forbes 400 list of the richest Americans have a combined net worth of more than $50 billion, more than 2.5 times the size of the entire state budget.
As a group, their net worth is up by about two-...
| Sep 29, 2014
| 10:28 AM
Seventeen Illinoisans have made the latest Forbes 400 list of the nation's richest people. The list, released Monday, includes four Illinois women and five members of Chicago's Pritzker family.
Hedge fund billionaire Ken Griffin retained his title as...
| Sep 24, 2014
| 10:44 AM
(Reuters) - Warren Buffett's Berkshire Hathaway Inc isn't AIG's biggest competitor and AIG handles all its rivals in a very effective way, former AIG Chief Executive Robert Benmosche told Bloomberg TV.
"I think his last ten years is not as good as his...
| Sep 26, 2014
| 3:48 PM
Billionaires can be fascinating, and not just because of the fortunes they amass. They buy islands and media organizations, experiment with space travel, and have larger-than-life personalities. They also become proxies in national political debates about...
| Sep 11, 2014
| 2:29 PM
WASHINGTON (Reuters) - U.S. Senator Orrin Hatch, the top Republican on the tax-writing Finance Committee, said billionaire investor Warren Buffett called him recently to find out what Congress might do about companies that move abroad for tax purposes....