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Trade war hurting the U.S. ethanol industry ‘badly’: U.S. Grains Council

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FILE PHOTO: AltEn LLC ethanol plant is seen in Mead, Nebraska, U.S., March 21, 2019. REUTERS/Humeyra Pamuk/File Photo NEW YORK (Reuters) – The U.S.-China trade war is hurting the U.S. ethanol industry “badly,” Mike Dwyer, chief economist of the U.S. Grains Council, said on Wednesday at an event at New York Sugar week: “Without the Read More

Buffett’s Berkshire reveals $861 million Amazon stake

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FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott Morgan/File Photo (Reuters) – Warren Buffett’s Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at Read More

Presidential hopeful Warren unveils bill to protect U.S. military from climate change

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WASHINGTON (Reuters) – Democratic presidential hopeful Senator Elizabeth Warren said on Wednesday she is introducing a bill to toughen the U.S. military against future climate change damage and reduce its greenhouse gas emissions at certain bases in a little over 10 years. Democratic 2020 U.S. presidential candidate and U.S. Senator Elizabeth Warren (D-MA) speaks during Read More

Farmer saws off own leg after becoming caught in machinery

5 days ago DieselGasoil Comments Off on Farmer saws off own leg after becoming caught in machinery
By Tom Gillespie, news reporter A farmer had to saw off his own leg with a pocket knife after he became stuck in a piece of machinery. Kurt Kaser, from Nebraska, was unloading corn before he climbed out of his truck and accidentally stepped on the opening of a grain auger. The equipment is used Read More

Uber’s market debut sours most anticipated IPO since Facebook

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(Reuters) – Uber Technologies Inc’s conservative initial public offering could not keep its shares from sinking in their trading debut on Friday, fueling debate on Wall Street over whether the outcome of the most anticipated listing since Facebook Inc would weigh on other Silicon Valley unicorns. Uber considered going public for at least four years. Read More

Uber’s market debut sours most anticipated IPO since Facebook

1 week ago DieselGasoil Comments Off on Uber’s market debut sours most anticipated IPO since Facebook
(Reuters) – Uber Technologies Inc’s conservative initial public offering could not keep its shares from sinking in their trading debut on Friday, fueling debate on Wall Street over whether the outcome of the most anticipated listing since Facebook Inc would weigh on other Silicon Valley unicorns. Uber considered going public for at least four years. Read More

Uber fizzles in Wall Street debut, opens below $45 IPO price

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(Reuters) – Uber Technologies Inc’s shares made a disappointing market debut on Friday, marking a rocky start for the most anticipated initial public offering of the year as other high-profile startups such as Slack and WeWork look to go public. The fall in shares undermined Uber’s strategy of pricing its oversubscribed IPO conservatively at $45 Read More

Berkshire’s Brooks Running unit adapts as the science of running evolves

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OMAHA, Neb. (Reuters) – Preventing injuries from running shoes is a science for Jim Weber, the chief executive of Brooks Running, a unit of Warren Buffett’s Berkshire Hathaway Inc. FILE PHOTO: Jim Weber, chief executive of Brooks Running, a unit of Warren Buffett’s Berkshire Hathaway, speaks about his company in Omaha, Nebraska, U.S., May 2, Read More

Occidental preparing to sell Anadarko’s assets

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By Rachel Adams-Heard on 5/10/2019 HOUSTON (Bloomberg) — Occidental Petroleum, owner of one of the most high-profile corporate jets in recent history, is ready to sell Anadarko Petroleum’s planes in a bid to show it is serious about cost cuts. At a time when activists are digging deeper in search of shareholder returns, the corporate Read More

CEO of Buffett’s Dairy Queen tries to find new tastes, keep franchisees happy

2 weeks ago DieselGasoil Comments Off on CEO of Buffett’s Dairy Queen tries to find new tastes, keep franchisees happy
OMAHA, Neb. (Reuters) – The chief executive of International Dairy Queen Inc is counting on the 79-year-old brand, owned by Warren Buffett’s Berkshire Hathaway Inc, to adapt to changing consumer tastes rather than latch onto the latest fad, while ensuring that rising labor and food costs don’t squelch its franchisees. FILE PHOTO: Berkshire Hathaway chairman Read More