Author Archives: Reuters

FTC accuses Intuit of misleadingly promoting free tax filing | nation

Reuters WASHINGTON — The U.S. Federal Trade Commission on Monday asked a court to enter an injunction preventing Intuit, owner of tax preparation software TurboTax, from misleadingly advertising free tax returns when many people have to pay. In the lawsuit filed in the US District Court for the Northern District of California, the FTC, which… 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 »