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(Reuters) - Berkshire Hathaway Inc on Friday said its median employee last year made a little over half the $100,000 salary that Chairman Warren Buffett was awarded for running the conglomerate that made him the world's third-richest person.
LONDON (Reuters) - Native River, ridden by champion jockey Richard Johnson and trained by Colin Tizzard, won the Cheltenham Gold Cup after beating 4-1 favorite Might Bite in an almighty duel on Friday.
BOSTON (Reuters) - Walt Disney Co Chairman and Chief Executive Robert Iger stands to earn up to $423 million over four years, according to a new analysis of a compensation package rejected by shareholders, and some investors want to raise the bar on his performance targets.
ANKARA (Reuters) - Turkey on Friday denied as "baseless allegations" a Swiss media report that Turkish diplomats tried to abduct a Swiss-Turkish businessman allegedly linked to the 2016 failed coup in Turkey, a case now under investigation by Zurich prosecutors.
WASHINGTON (Reuters) - U.S. District Judge Richard Leon said on Thursday a trial to decide if AT&T's $85 billion acquisition of Time Warner Inc is legal under U.S. antitrust law may last six to eight weeks, significantly longer than previously forecast.
ZURICH (Reuters) - The Switzerland-based Court of Arbitration for Sport (CAS) on Thursday confirmed a four-year period of ineligibility for Tomasz Zielinski, a Polish weightlifter who tested positive for a banned substance two years ago.
ZURICH (Reuters) - Switzerland's parliament rejected on Thursday a bid to amend the law handling ill-gotten bank profits seized by authorities that had aimed to return more than $100 million linked...
Democratic Senator Richard Blumenthal of Connecticut slammed Republicans on the House Intelligence Committee for ending their probe into Russian interference in the 2016 election, saying that this conclusion was a gift to both Donald Trump and Vladimir Putin.
WASHINGTON (Reuters) - AT&T Inc can cite a voluntary commitment not to withhold content in licensing talks as a key part of its defense when an antitrust trial begins next week over the fate of the company's planned $85 billion merger with Time Warner Inc , U.S. District Judge Richard Leon said on Tuesday.
ZURICH (Reuters) - The works of great artists buoyed the art market last year and none did more than Leonardo da Vinci, whose 'Salvator Mundi' sold to great fanfare for $450 million in New York in November.
ZURICH, March 13 (Reuters) - Luxury goods group Richemont is in exclusive talks to sell its underperforming French Lancel leather brand to Italian high-end briefcase maker Piquadro, to put its struggling fashion and accessories business back on track.
ZURICH (Reuters) - Swiss drugmaker Roche will be able to compensate or overcompensate for falling revenue from patent-expired drugs facing competition from rivals' copies through its new medicines, Chief Executive Severin Schwan said on Tuesday.
ZURICH (Reuters) - Liechtenstein-based wealth manager LGT [LGTGFB.UL] remains on the lookout for acquisitions even if its takeovers in the next decade slow from those in the past 10 years, Prince Max...
By Rod Nickel and Ana Mano WINNIPEG, Manitoba/SAO PAULO, March 12 (Reuters) - Taking a page from its aggressive growth strategy in the United States, cash-rich Canadian fertilizer giant Nutrien Ltd plans to plow investment into Brazil in a bid to reap up to 30 percent of farm supply sales in fertile pockets of the country. But business in Brazil's farm sector - the world's fastest growing - strays far from the usual practices in North America's farm belt, where Nutrien is a
(Reuters) - Proxy advisory firm Institutional Shareholder Services on Thursday recommended Tesla Inc stockholders reject a multi-billion-dollar, 10-year pay package for Chief Executive Elon Musk, saying the "unprecedented" award was too rich.
ZURICH (Reuters) - Swiss drugmaker Roche said it will put a cancer specialist at the helm of its Swiss-based research efforts in April, after the scientist who led the unit for five years resigned for personal reasons.
ZURICH (Reuters) - Swiss drugmaker Roche named U.S. cancer expert William Pao head of its Pharma Research and Early Development (pRED) business after John Reed decided to leave for what it called personal reasons.
(Reuters) - The much-maligned Evian Championship in France will move to a July date from September starting in 2019 and become the world's second richest women's tournament, the LPGA said on Wednesday.
ZURICH (Reuters) - Novartis plans up to 10 clinical trials over three years using a U.S. partner's mobile technology to help free patients from burdensome hospital trips as the Swiss drugmaker aims to boost study participation and cut costs.
(Reuters) - Briton's first Tour de France winner Bradley Wiggins and former Team Sky doctor Richard Freeman need to come forward and give a full explanation of how they used asthma drugs, according to the team's ex-coach Shane Sutton.
GENEVA (Reuters) - The car industry is moving towards making electric car batteries with a higher ratio of nickel, Ola Kaellenius, Daimler board member responsible for research and development, said on Tuesday.
(Reuters) - A consortium led by Citigroup Inc , Zurich Insurance Group AG and Depository Trust & Clearing Corp (DTCC) will develop a set of cyber security standards that fintech companies can sign up to, the Financial Times reported on Tuesday.
EAST LANSING, Mich. (Reuters) - A least a dozen people were arrested on Monday after supporters of Richard Spencer clashed with protesters outside a Michigan college campus where the white nationalist was scheduled to speak.
EAST LANSING, Mich (Reuters) - At least half a dozen people were arrested on Monday after supporters of Richard Spencer clashed with protesters outside a Michigan college campus where the avowed white nationalist was scheduled to speak.
ZURICH (Reuters) - Santhera Pharmaceuticals said on Monday a study of its medicine Raxone in primary progressive multiple sclerosis showed no difference between the treatment and placebo groups in disease progression, another setback for the Swiss drug company.
ZURICH (Reuters) - Several Novartis shareholders urged the Swiss drugmaker on Friday to improve its oversight of staff, amid a widening probe into allegations that managers paid bribes to doctors and public officials in Greece.
NEW YORK (Reuters) - Richard Clarida, an economist at fund manager Pimco, has emerged as a front-runner to become the Federal Reserve's next vice chair, according to two people familiar with the effort to fill the depleted upper ranks of the U.S. central bank.
ZURICH (Reuters) - The airport in the Swiss city of Geneva closed for several hours on Thursday due to bitterly cold weather that has hit many parts of Europe this week with snow and icy winds, causing travel chaos.
ZURICH/MOSCOW (Reuters) - Russia was reinstated by the International Olympic Committee on Wednesday after the remaining tests of the country's athletes at the Pyeongchang Winter Olympics were all returned negative.
MELBOURNE (Reuters) - Miners in northwest Papua New Guinea reported some damage to infrastructure following a powerful magnitude 7.5 earthquake that hit on Monday, as projects in the resource-rich region assess the impact on their operations.
WELLINGTON/MELBOURNE (Reuters) - At least one company began evacuating non-essential personnel after a powerful 7.5 magnitude earthquake hit Papua New Guinea's energy-rich interior on Monday, causing landslides, damaging buildings and closing oil and gas operations.
PYEONGCHANG, South Korea (Reuters) - Francesco Friedrich's four-man German bobsleigh team won gold on Sunday with their victory at the Olympic Sliding Centre completing Germany's sweep of the bobsleigh gold medals.
PYEONGCHANG, South Korea (Reuters) - Francesco Friedrich piloted his four-man bobsleigh team to the top of the timesheets with a blistering second run on Saturday to put Germany in a commanding lead heading into the final two runs of the competition a day later.
Whenever we talk about guns in America, the card-carrying members of the National Rifle Association are always the mouthpieces, equating being a gun owner with American hyper-patriotism. The historian Richard Hofstadter described the concept of "gun culture" -- guns viewed by many as part of America's heritage: "an ingredient in the American imagination."
ZURICH (Reuters) - Credit Suisse said on Friday it would fight on after a Texas appeals court upheld a $351 million award against the Swiss bank over its role in a Las Vegas resort project whose finances collapsed a decade ago.
MILAN (Reuters) - Italian fashion house Gucci dazzled fans with a presentation featuring baby dragons, snakes and models carrying replica heads in their arms in a Milan catwalk show on Wednesday that...
BRUSSELS/ZURICH, Feb 21 (Reuters) - European supermarkets including Belgium's Colruyt and Switzerland's Coop have dropped some Nestle products, as a buying group representing them pushes for better prices.
MILAN (Reuters) - Italian entrepreneur Alessandro Bastagli set his sights on Shanghai Tang two decades ago and having finally bought the brand in 2017 from Richemont he aims to increase the group's sales by 15-20 percent next year.
ZURICH (Reuters) - Swiss software company Temenos said it has agreed a 1.4 billion pound ($1.96 billion) deal to buy British peer Fidessa Group, whose shares traded above the offer price as an activist investor disclosed a stake of nearly 5 percent.
KINSHASA (Reuters) - Congo's environment ministry said on Tuesday it had reinstated thousands of square kilometers of logging concessions in its equatorial forests, a move environmentalists fear could cause huge volumes of greenhouse gases to be released.
A Swarovski-studded Queen Elizabeth II graced the front row of London Fashion Week, brushing shoulders with longtime Vogue editor Anna Wintour, during a surprise visit to the event on Tuesday. The 91-year-old monarch, wearing a powder blue tweed dress and jacket by her personal advisor Angela Kelly, could be seen chatting with Wintour and clapping her black-gloved hands as models walked in British designer Richard Quinn's runway show.
ZURICH (Reuters) - Staffing company Adecco said on Tuesday it bought U.S.-based online recruitment platform Vettery for an undisclosed sum to increase its footprint in the digital permanent recruitment market.
ZURICH (Reuters) - Uranium glass occupies a little-known niche in the collectables world, whose members appreciate its soft color and distinctive glow, which comes from the uranium added as the glass...
SYDNEY (Reuters) - Tropical Cyclone Kelvin hit the resource-rich north coast of Western Australia on Sunday, lashing it with strong winds and causing floods that could cut the main highway for up to two weeks.
TORONTO/MELBOURNE (Reuters) - As shareholders push the world's cash-rich miners to maintain lush dividends and make the most of existing assets, Glencore is taking a slightly different tactic that positions it for shrewd acquisitions.
SANTIAGO (Reuters) - A growing outbreak of "red tide" has put salmon farms on alert in fish-rich southern Chile, an industry group said on Thursday, though its impact is still far less extensive than in 2016, when a much larger outbreak decimated fish farms.
A trip to eat the world's best dumplings might be shorter than expected for those in North America: Forget Shanghai and head to Richmond, British Columbia, a bustling suburb of Vancouver and the most Chinese city in on the continent.
Richard Branson sits down with CNN's Christine Romans after Elon Musk's Falcon Heavy SpaceX launch last week. Branson expects Virgin Galactic to be in space with people on board within the next few months.
WASHINGTON (Reuters) - Thomas Green, a high-powered defense lawyer at Sidley Austin in Washington, D.C., appeared for the first time in court on Wednesday alongside President Donald Trump's former deputy campaign chairman Richard Gates.