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A person wearing a T-shirt that has "UAW member" written on it is pictured as the result of a vote comes in favour of the hourly factory workers at Volkswagen's assembly plant to join the United Auto Workers (UAW) union, during a watch party in Chattanooga, Tennessee, U.S., April 19, 2024.

UAW workers ratify US labor deal with Daimler Truck

By David Shepardson (Reuters) -Members of the United Auto Workers on Saturday ratified a new labor contract with Daimler Truck that includes at least a 25% general wage increase over the four-year deal. The vote was 94.5% in favor of the new ...
Updated 53 minutes ago |2 min read

Paramount bidders await word from special committee evaluating options
Updated 3 hours ago |2 min read
The logo of Paramount Pictures studios is pictured after the Writers Guild of America (WGA) said it reached a preliminary labor agreement with major studios in Los Angeles, California, U.S., September 24, 2023.

Berkshire shareholders reject climate, diversity, China proposals
Updated 5 hours ago |1 min read
Investors and guests arrive for the Berkshire Hathaway annual shareholders' meeting in Omaha, Nebraska, U.S. May 6, 2023.

Warren Buffett says Berkshire sold entire Paramount stake at a loss
Updated 5 hours ago |1 min read

Ping An votes against reappointment of HSBC CEO as director, source says
Updated 4 hours ago |2 min read

WestJet issues 72-hour lockout notification to union
Updated 4 hours ago |1 min read
Berkshire Hathaway Chairman Warren Buffett attends the Berkshire Hathaway Inc annual shareholders' meeting in Omaha, Nebraska, U.S., May 3, 2024.

Warren Buffett says taxes may rise to offset widening US deficits

Reuters |Updated 6 hours ago |2 min read

NEW YORK (Reuters) -Warren Buffett said he expects the U.S. government to increase taxes to tackle widening fiscal deficits rather than reduce spending. "I think higher taxes are likely," he said on Saturday at Berkshire Hathaway's annual shareholder ...
Berkshire Hathaway Chairman Warren Buffett attends the Berkshire Hathaway Inc annual shareholders' meeting in Omaha, Nebraska, U.S., May 3, 2024.

Buffett talks succession and Berkshire's future at annual meeting

Reuters |Updated 6 hours ago |5 min read

(Reuters) -Warren Buffett took the stage at Berkshire Hathaway's annual meeting on Saturday, paying tribute to his longtime business partner Charlie Munger, outlining the expanded roles of the executives who are designated to eventually succeed him ...
Hansel Valentine, 24, inspect the remains of the burnt down property of her relatives, as the wildfire continues in Estacada, Oregon, U.S., September 13, 2020.

Berkshire exec calls wildfire claims against utility 'unfounded'

Reuters |Updated 10 hours ago |2 min read

NEW YORK (Reuters) - Berkshire Hathaway, the conglomerate led by Warren Buffett, will fight all lawsuits brought against its utility business due to wildfires as the cases are "unfounded," a top executive said on Saturday. Greg Abel, who is ...
A French national flag flies near a logo of French IT consulting firm Atos, at the entrance of a company's building, in Angers, France, March 20, 2024.

Atos creditors reach deal to rescue debt-laden group, La Tribune says

Reuters |Updated 14 hours ago |1 min read

PARIS (Reuters) - Creditors have reached an agreement that could rescue tech firm Atos, which secures communications for the French army and is set to manage cybersecurity for this summer's Paris Olympic Games, La Tribune newspaper reported on ...
Trading information and logo for Berkshire Hathaway is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2023.

Berkshire pares huge Apple stake as cash, operating profit set records

Reuters |Updated 11 hours ago |3 min read

By Jonathan Stempel OMAHA, Neb. (Reuters) - Berkshire Hathaway significantly reduced its enormous stake in Apple in the first quarter, as Warren Buffett's conglomerate let its cash hoard swell to a record $189 billion. Buffett's company also ...
Squishmallows resembling Berkshire Hathaway chairman Warren Buffett and former vice chairman Charlie Munger at the Berkshire Hathaway Inc annual shareholders' meeting in Omaha, Nebraska, U.S. May 3, 2024.

Buffett says Berkshire in good hands, lauds Apple despite lowering stake

Jonathan Stempel, Koh Gui Qing |Updated 4 hours ago |4 min read

By Jonathan Stempel and Koh Gui Qing OMAHA, Nebraska (Reuters) -Warren Buffett assured Berkshire Hathaway shareholders on Saturday that the executives expected to succeed him were ready for the job, and he heaped praise on Apple although Berkshire ...
Alexander Vinnik, a 38 year old Russian man suspected of running a money laundering operation using bitcoin, is escorted by police officers to a court in Athens, Greece December 13, 2017.

Russian suspected cybercrime kingpin pleads guilty in US, TASS reports

Reuters |Updated 19 hours ago |2 min read

MOSCOW (Reuters) - Alexander Vinnik, a Russian suspected cybercrime kingpin who was arrested in Greece in 2017, convicted of money laundering in France three years later and is now awaiting trial in California, has pleaded partially guilty, TASS ...
The Federal Reserve building in Washington, U.S., January 26, 2022.

Fed's Goolsbee: US rate-path 'dot plot' needs more context

Reuters |Updated a day ago |2 min read

PALO ALTO, California (Reuters) - The U.S. Federal Reserve should beef up its quarterly "dot plot" of policymakers' interest-rate-path views by including the individual economic expectations that inform each one, Austan Goolsbee, president of the ...
The logo of Paramount Pictures studios is pictured Los Angeles, California, U.S., September 24, 2023.

Paramount will let exclusive talks with Skydance lapse, NYT reports

Reuters |Updated a day ago |1 min read

(Reuters) - Paramount Global will end its exclusive negotiations with Skydance Media without reaching a deal, the New York Times reported on Friday, citing people familiar with the matter. Shares of the media giant rose 3% in extended trading. A ...
SaltWire

Luminar to cut nearly 20% jobs as part of restructuring

Reuters |Updated a day ago |1 min read

(Reuters) - Luminar Technologies, a maker of lidar sensors for self-driving cars, said on Friday that it would cut its workforce by about 20%, as part of a restructuring plan for the current year. As of December last year, the company had nearly ...
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