Amazon unsuccessfully approached UK supermarket Waitrose in 2017: Sunday Times
LONDON (Reuters) – Amazon made an unsuccessful informal attempt to buy upmarket British supermarket chain Waitrose late last year, the Sunday Times newspaper reported.
Air France-KLM to decide on management plan on May 15 as CEO leaves
PARIS (Reuters) – Air France-KLM’s board will decide on a management transition plan on May 15, the company said on Saturday, after CEO Jean-Marc Janaillac said he would step down when staff at its French brand rejected a pay deal.
Buffett says U.S., China will avoid acting ‘extremely foolish’ on trade
OMAHA, Neb. (Reuters) – Billionaire Warren Buffett on Saturday said it is unlikely that the United States and China will come to loggerheads on trade, and the countries would avoid doing “something extremely foolish.”
U.S. condemns China for ‘Orwellian nonsense’ over airline websites
WASHINGTON (Reuters) – The White House on Saturday sharply criticized China’s efforts to force foreign airlines to change how they refer to Taiwan, Hong Kong and Macau, labeling China’s latest effort to police language describing the politically sensit…
Shunned by corporations, U.S. gun entrepreneurs launch start-ups
DALLAS (Reuters) – Larry Lopata and some friends were sitting around the campfire on a hunting trip when they came up with an idea for a new firearms product: an adjustable-length trigger, so people with different sized hands can comfortably share the …
Buffett says U.S. and China will avoid ‘something extremely foolish’ on trade
OMAHA, Neb. (Reuters) – Billionaire Warren Buffett on Saturday said it is not likely that the United States and China will come to loggerheads on trade, saying the two countries would avoid doing “something extremely foolish.”
Buffett’s Berkshire swings to rare loss but performs better
OMAHA, Neb. (Reuters) – Warren Buffett lost money but had a pretty good quarter.
House of Fraser shareholder Sports Direct sues over business plan
LONDON (Reuters) – A minority shareholder of Britain’s House of Fraser, Sports Direct , is suing the department store chain to gain access to its business plan, after House of Fraser announced a major restructuring this week.
Berkshire operating profit soars, accounting change causes net loss
OMAHA, Neb. (Reuters) – Berkshire Hathaway Inc on Saturday ended its more than year-long stretch of falling operating profit, while a new accounting rule caused the conglomerate chaired by Warren Buffett to suffer an overall net loss.
Fidelity fires more than 200 over alleged misuse of reimbursement programs – WSJ
(Reuters) – Fidelity Investments has fired or allowed more than 200 employees to resign over alleged misuse of workplace-benefit programs, the Wall Street Journal reported on Friday, citing people familiar with the matter.
