Financial Center Breaking News

Oncor is Buffett's latest dealmaking flop
<p>Buffett?s $9 billion bid to acquire Oncor Electric Delivery Co. started to unravel last week after Paul Singer?s Elliott Management Corp. outmaneuvered the Oracle of Omaha by acquiring a small parcel of unsecured debt. That opened a window for Sempra Energy to swoop in and strike a deal to acquire the Texas utility.</p>

Housing recovery suffers, but don't blame the millennials
The housing recovery is suffering partly because baby boomers aren't downsizing as they used to--it's getting too expensive.

Whisky could be just as sound an investment opportunity as gold
Whisky might not be the most conventional buying opportunity ? but for this investor, it's a commodity worth investing in.

Stunning storage unit finds that sold for a fortune
From Disney scripts and other Hollywood memorabilia to rare cars, guns and Civil War antiques, we take a look at the items found in abandoned storage units that sold for a fortune.

Booming metals rally signals optimism on global growth
Bullish investors are pushing the prices of copper, aluminum and other industrial metals to multiyear highs, betting that recent signs of resurgent global growth and falling supplies will stoke demand for raw materials.

US electricity grid emerges unscathed from historic eclipse
The first total solar eclipse to sweep the U.S. from coast to coast in 99 years plunged broad swaths of the nation into darkness, putting more than 12,000 megawatts of solar power at risk. And the lights are still on.

Elon Musk and tech experts urge UN to ban AI in weapons
<p>Tesla and SpaceX chief Elon Musk has joined dozens of CEOs of artificial intelligence companies in signing an open letter urging the United Nations to ban the use of AI in weapons before the technology gets out of hand.</p>