Dell Reaches Deal to Sell Boomi to TPG, Francisco Partners 
 

The transaction, announced Sunday, values the cloud-based integration platform at $4 billion including debt.


 
Berkshire Hathaway Returns to Quarterly Profit 
 

Warren Buffett's conglomerate reported first-quarter net income of $11.7 billion, compared with a loss of $49.7 billion a year ago.


 
Warren Buffett Defends Berkshire's Moves Over Pandemic Year 
 

At the company's virtual annual meeting, Berkshire Hathaway chairman criticized SPACs and day traders driving up valuations and discussed getting out of the airline sector.


 
Westpac Logs Profit, Announces Cost Reset Plan 
 

Westpac Banking Corp. said costs would be higher this fiscal year as part of its three-year reset plan, which aims to strengthen the lender's governance across both financial and nonfinancial risk.


 
Trading Frenzy Boosts Robinhood's Biggest Business 
 

The trading app generated $331 million in payments for order flow during the first three months of 2021.


 
PE-Backed Chain Threatens to Shut Two Hospitals Over Financial Dispute 
 

The conflict with Rhode Island is one of several disagreements involving hospital chains owned by private-equity firms and state and local governments.


 
For Apollo's New CEO, Insurance Is In-Racy Buyouts, Not So Much 
 

Under Marc Rowan, the firm's future will become increasingly about finding ways to eke out a few percentage points more than corporate and government bonds pay.


 
Prosecutors Seek Up to 18 Months in Prison for Hedge Fund Founder Charged in Neiman Bankruptcy 
 

Prosecutors followed sentencing guidelines in Daniel Kamensky's plea agreement for 12 to 18 months. His lawyers have asked for probation and community service.


 
Deutsche Bank Ordered to Improve Money-Laundering Controls 
 

BaFin said the bank should take further steps to safeguard against money laundering, suggesting it still has found shortcomings at a bank repeatedly reprimanded for lacking proper controls.


 
Warren Buffett Faces Impatient Investors as Berkshire Hathaway Returns Decline 
 

Large institutional investors are demanding that the conglomerate bring in new directors and provide more disclosures on climate risks and executive pay.

(END) Dow Jones Newswires

05-03-21 0015ET