Articles by Trevor Hunnicutt

U.S. Calls for Outer Space Norms After ‘Irresponsible’ Russia Test

U.S. Vice President Kamala Harris on Wednesday criticized an “irresponsible” Russian test that endangered the International Space Station with debris, and the Biden administration laid out a new strategy for responsible use of space. Harris convened the inaugural meeting of …

White House Plans 30-Country Meeting to Combat Ransomware and Cyber Crime

Top U.S. national security advisers will gather officials from 30 countries this month with plans to combat the growing threat of ransomware and other cyber crime, President Joe Biden said on Friday. An online session hosted by the White House …

Biden Administration Examining How Far Employers Can Go in Mandating Vaccines

The Biden administration is examining what authority businesses have to mandate vaccines, a top U.S. official told Reuters on Friday, as it considers what more steps can be done to halt the spread of COVID-19. “We are looking at that …

White House Calls Nixing of Aon-Willis Deal ‘Robust Enforcement’ of Antitrust Laws

The White House on Tuesday praised the Justice Department’s successful effort to stop a $30 billion deal that would have created the world’s biggest insurance broker, saying the agency’s work was “robust enforcement of the antitrust laws.” Aon Plc and …

Hacks of Microsoft Outlook Email Program Continue Despite Patch

More than 20,000 U.S. organizations have been compromised through a back door installed via recently patched flaws in Microsoft Corp.’s email software, a person familiar with the U.S. government’s response said on Friday. The hacking has already reached more places …

Berkshire’s Buffett Wants to Do More Business in UK and Europe, Regardless of Brexit

Billionaire Warren Buffett wants to do more business in the United Kingdom and Europe regardless of how Brexit turns out. The Berkshire Hathaway Inc. chairman and chief executive officer said he would “love to put more money in the UK” …

Fund Manager LJM Sues to Find Those Behind Market Volatility Losses

LJM Partners Ltd. on Friday filed a lawsuit against unnamed parties it holds responsible for hundreds of millions of dollars it lost after last year’s jump in stock market volatility that effectively put the fund manager out of business. LJM …

Berkshire Invests $356M in One97, Parent of India’s Biggest Digital Payments Firm

Berkshire Hathaway Inc has acquired a 25 billion rupees ($356 million) stake in the parent of digital payments company Paytm, a source said, its first investment in an Indian startup as it moves into the financial payments sector. The conglomerate …

Berkshire Hathaway Reports Q1 ‘Accounting’ Loss But Insurance Profit

Warren Buffett lost money but had a pretty good quarter. Berkshire Hathaway Inc. on Saturday reported an unusual quarterly net loss, the result of an accounting change that Buffett had warned would produce “wild” but in his view meaningless swings …

Buffett Eyes ‘Huge’ Acquisitions But Not in Insurance

Warren Buffett on Saturday lamented his inability to find big companies to buy and said his goal is to make “one or more huge acquisitions” of non-insurance businesses to bolster results at his conglomerate Berkshire Hathaway Inc. In his annual …