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How Berkshire Hathaway May Have Been Snookered in Germany

Posted on July 2, 2020
Filed Under Business and Economics | Comments Off on How Berkshire Hathaway May Have Been Snookered in Germany

A unit of Warren Buffett’s empire paid an inflated price for a pipe maker that used fake sales to look profitable, an arbitration panel concluded. The firm was close to bankruptcy..

Federal Reserve Minutes Show a Litany of Reasons to Worry About Economy

Posted on July 1, 2020
Filed Under Business and Economics | Comments Off on Federal Reserve Minutes Show a Litany of Reasons to Worry About Economy

Minutes from the Federal Reserve’s June meeting show that officials remained seriously concerned, even as states reopened.

Congress Extends Small-Business Loan Program for 5 Weeks

Posted on July 1, 2020
Filed Under Business and Economics | Comments Off on Congress Extends Small-Business Loan Program for 5 Weeks

The House cleared the extension, which would give companies more time to apply for pandemic relief loans, sending it to the White House for President Trump’s signature.

He Says a Union Fired Him Over His Push for Police Reform

Posted on July 1, 2020
Filed Under Business and Economics | Comments Off on He Says a Union Fired Him Over His Push for Police Reform

A clash at a Maryland local shows the tensions in a labor movement whose ranks include law enforcement officers along with many nonwhite, nonpolice members.

Federal Officials Turn to a New Testing Strategy as Infections Surge

Posted on July 1, 2020
Filed Under Business and Economics | Comments Off on Federal Officials Turn to a New Testing Strategy as Infections Surge

Millions of additional coronavirus tests may be processed with “pooling,” enabling widespread surveillance as the country struggles to reopen.

New York City Cuts Arts Spending by 11 Percent to Close Budget Gap

Posted on July 1, 2020
Filed Under Business and Economics | Comments Off on New York City Cuts Arts Spending by 11 Percent to Close Budget Gap

Facing a $9 billion loss in tax revenues, city leaders cut agency spending across the board, including the Department of Cultural Affairs.

The Music Industry Is Wrestling With Race. Here’s What It Has Promised.

Posted on July 1, 2020
Filed Under Business and Economics | Comments Off on The Music Industry Is Wrestling With Race. Here’s What It Has Promised.

The business owes much of its wealth to the work of Black artists but has just a handful of Black executives in its most senior jobs. Companies large and small say they’re devoted to change..

Researchers Debate Infecting People on Purpose to Test Coronavirus Vaccines

Posted on July 1, 2020
Filed Under Business and Economics | Comments Off on Researchers Debate Infecting People on Purpose to Test Coronavirus Vaccines

The technique, called a human challenge trial, has been used to evaluate other vaccines.

Anders Ericsson, Psychologist and ‘Expert on Experts,’ Dies at 72

Posted on July 1, 2020
Filed Under Business and Economics | Comments Off on Anders Ericsson, Psychologist and ‘Expert on Experts,’ Dies at 72

His research helped inspire “Outliers,” Malcolm Gladwell’s best-selling book on the keys to excelling.

5 Caribbean Vacation Destinations Reopening This Summer

Posted on July 1, 2020
Filed Under Business and Economics | Comments Off on 5 Caribbean Vacation Destinations Reopening This Summer

As the region reopens, it faces hurricane season, pandemic-related restrictions and the absence of cruise ships.

 

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