OMAHA, Neb. (Reuters) - Warren Buffett on Saturday said preliminary first-quarter profit at his Berkshire Hathaway Inc fell about 12 percent, hurt by weaker performance in its railroad and insurance operations.
FRANKFURT (Reuters) - Germany's finance minister Wolfgang Schaeuble has criticized the executive board of scandal-ridden carmaker Volkswagen for not waiving bonuses despite bringing the company to the brink of collapse.
FRANKFURT (Reuters) - Daimler has hired auditor Deloitte Touche Tohmatsu to help with an internal investigation into its diesel-engine emissions technology requested by the U.S. Department of Justice, the luxury car maker said.
PARIS (Reuters) - Air France-KLM's board is to appoint Jean-Marc Janaillac as the Franco-Dutch airline group's next chief executive on Tuesday to replace Alexandre de Juniac, a source close to the matter said on Saturday.
(Reuters) - United Continental Holdings Inc said in a proxy statement Friday that it cut the pay of one of its top officers in connection with an internal probe that resulted in its chief executive's resignation last year.
NEW YORK (Reuters) - Coming off a barrage of flimsy company earnings reports that included Apple's first revenue drop in 13 years, investors will turn to April jobs data for signs of budding resilience or further weakening in the second quarter.
SAN FRANCISCO (Reuters) - A Facebook Inc shareholder filed a proposed class action lawsuit on Friday in a bid to stop the company's plan to issue new Class C stock, calling the move an unfair deal to entrench Chief Executive Mark Zuckerberg as controlling shareholder.
OMAHA, Neb. (Reuters) - Clayton Homes, the mobile home unit of Warren Buffett's Berkshire Hathaway Inc, said it is seeing an upturn in activity even as it defends against accusations its lending practices harm borrowers and can be racist.
SAN JUAN (Reuters) - Puerto Rico's Government Development Bank said it has reached a deal with credit unions to avoid defaulting on about $33 million of debt due on Monday.
NEW YORK (Reuters) - U.S. stocks posted their largest weekly drop in more than two months on Friday as earnings reports continued to weigh, but the S&P 500 and Dow managed to close up for April after strong showings mid-month.
