Buffett’s Berkshire says vice chairmen Jain, Abel each make $18 million

Buffett’s Berkshire says vice chairmen Jain, Abel each make $18 million
Berkshire Hathaway shareholders walk by a video screen at the company’s annual meeting in Omaha May 4, 2013. REUTERS/Rick Wilking/File Photo (Reuters) – Berkshire Hathaway Inc on Friday said its newest vice chairmen, Greg Abel and Ajit Jain, were each awarded about $18 million last year, in the first detailed look at the pay of the men considered the leading... Read More

Trump’s trade war cost U.S. economy $7.8 billion in 2018: study

Trump’s trade war cost U.S. economy $7.8 billion in 2018: study
FILE PHOTO: Imported automobiles are parked in a lot at the port of Newark New Jersey, U.S., February 19, 2019. REUTERS/Eduardo Munoz WASHINGTON (Reuters) – President Donald Trump’s trade battles cost the U.S. economy $7.8 billion in lost gross domestic product in 2018, a study by a team of economists at leading American universities published this week showed. Authors of... Read More

Airlines with buyers’ remorse may use Boeing 737 MAX ban to revise orders

Airlines with buyers’ remorse may use Boeing 737 MAX ban to revise orders
DUBLIN/SINGAPORE/MONTREAL (Reuters) – The grounding of Boeing’s global 737 MAX fleet has brought headaches for airlines that need to find alternative aircraft to fly in their place, but it has given some carriers a welcome opportunity to re-evaluate orders for the plane. FILE PHOTO: A Southwest Airlines Co. Boeing 737 MAX 8 aircraft taxis after landing at Midway International Airport... Read More