Kuwait Investment Authority sells a $3.1 billion stake in Bank of America, impacting stock prices significantly.

Shares of the leading chip designer rose as much as 2.5% to an all-time high of $164 earlier in the morning trading, as the ...

Isabelle Lee reports on AES Corp. exploring options including a potential sale, Starbucks receiving proposals from prospective investors in its China business and Kuwait Investment Authority selling a ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Construction on Fields West, a 160-acre development in Frisco, is full speed ahead after securing nearly half a billion ...

More than a quarter of downtown Dallas office space is empty, worrying property and business owners that the exodus from the ...

A Gallup poll finds that only 58% of Americans feel “extremely” or “very” proud of their country. This is a new low in the 25 ...

Kuwait Investment Authority, the sovereign wealth fund managing over US $1 trillion in assets, has divested a US $3.1 billion ...

Kuwait Investment Authority (KIA) has reportedly sold a $3 billion stake in Bank of America, the second-largest US bank. The shares were offloaded through an unregistered block trade priced at $47.95, ...

NEW YORK] First, it was Warren Buffett. Now, another key Bank of America (BOA) investor that stood by it since the worst days of the 2008 financial crisis is chopping down its stake. Read more at The ...