Several large shareholders have urged BuzzFeed CEO Jonah Peretti to shut down the company’s news organization. BuzzFeed News has won awards, including a Pulitzer Prize, but is now shrinking through voluntary buyouts.…
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Berkshire Hathaway said Monday morning it agreed to buy insurance company Alleghany for $11.6 billion, or $848.02 per share, in cash. The conglomerate said the deal “represents a multiple of 1.26 times…
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The steps from the Houston, Texas-based businesses come as they respond to U.S. sanctions over Russia’s invasion of Ukraine U.S. oil field services company Baker Hughes said Saturday that it was suspending new investments…
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Google has been accused of systemic bias against Black employees in a lawsuit filed on Friday. The plaintiff alleged the company steers them to lower-level jobs and pays them less. The complaint…
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Stock futures fell Friday following a three-day rally for the S&P 500 that put the equity benchmark on pace for its biggest weekly gain in more than a year. Futures on the…
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