Berkshire Accused of ‘Siphoning’ Funds in Workers’ Comp Suit
A New York bicycle courier company has accused Berkshire’s Applied Underwriters of running a “reverse Ponzi scheme.”
Wells Fargo Promotes Sloan, Positioning Him as Likely CEO
“It establishes a succession plan,” says analyst Marty Mosby, though the bank adds there are “other viable candidates.”
Berkshire Rises Past $200,000, Extending Buffett’s Record
Berkshire Hathaway Inc. traded above $200,000 for the first time, further validating Chairman Warren Buffett’s decades-long bet on the U.S. economy.
AIG Promotes Peter Hancock to CEO
Hancock, head of property-casualty, will replace Benmosche Sept. 1.