Twitter says billionaire Musk won’t join its board, warns of ‘distractions ahead’ | local business

FILE – Elon Musk, CEO of Tesla and SpaceX, arrives on the red carpet for the Axel Springer Media Awards in Berlin, Germany, December 1, 2020. As Twitter’s newest board member and largest shareholder, Musk is already proposing changes he’d like to see on the social media platform. In a series of tweets late Saturday, … Read more

Buffett’s Berkshire Hathaway buys Alleghany Corp. for $11.6 billion, expanding its insurance portfolio | local business

FILE – Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge after Berkshire Hathaway’s annual stockholders meeting in Omaha, Neb, May 5, 2019. Buffett’s Berkshire Hathaway is buying insurance company Alleghany in a deal worth approximately $11.6 billion, a statement Monday, March 21, 2022. (AP Photo/Nati Harnik, file) Nati Harnik Warren … Read more