Warren Buffett's fortune reached US$100 billion on Wednesday, as investors drove the stock price for his company Berkshire Hathaway Inc to a record level.
The chairman of the Public Utility Commission of Texas huddled with Bank of America utility analysts on Tuesday as pressure mounted on him to reverse about US$16 billion in emergency power pricing that would hurt power plant operators.
The US Justice Department will name victim compensation experts Ken Feinberg and Camille Biros to oversee a US$500 million victim compensation fund for the relatives of 346 people killed in two fatal Boeing 737 MAX crashes, sources briefed on the matter said on Wednesday.
The U.S. Justice Department will name victim compensation experts Ken Feinberg and Camille Biros to oversee a US$500 million victim compensation fund for the relatives of 346 people killed in two fatal Boeing 737 MAX crashes, sources briefed on the matter said on Wednesday.
As many as 60,000 computer systems in Germany were exposed to a flaw that allows unauthorized users to access systems in Microsoft Corp's email software, the head of its cybersecurity watchdog said on Wednesday.
Lufthansa is planning to launch an asset disposal programme as early as summer with the sale of its 1 billion euro (US$1.19 billion) Airplus unit as the German carrier seeks to raise cash to emerge from a government bailout, people close to the matter said.
Applications to start new U.S. businesses fell in February even as economic activity picked up amid an improving public health situation, government data showed on Wednesday.
At least 10 different hacking groups are using a recently discovered flaw in Microsoft Corp's mail server software to break in to targets around the world, according to researchers at cybersecurity company ESET.
An internal investigation at Scania into its Indian operations found evidence of misconduct by employees including senior management, the Swedish bus and truck maker said on Wednesday, adding the individuals involved had all left the company.
Italian fashion group Prada's sales and profits rebounded at the end of last year from a first-half slump due to the coronavirus pandemic, boosted by a strong performance in China and elsewhere in Asia, and the positive trend has carried on into 2021.
