Warren Buffett says he will step down as a longtime boardmember of The Washington Post when his term ends in May. But he has no plans to sell Berkshire Hathaway’s shares of the company.
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Amazon.com on Thursday announced it is buying Lovefilm, a European home-video distributor that some have called the Netflix of Europe. The deal will give the world’s largest online retailer a stronger foothold in digital-video …
Activision Blizzard has added video-game competitor Electronic Arts to its $400 million countersuit against two former executives of “Call of Duty” creator Infinity Ward, claiming that EA tried to lure the executives away while…
Hewlett-Packard is planning an independent investigation into the circumstances surrounding the forced resignation of CEO Mark Hurd last year and the compensation package he received. A shareholder lawsuit claims HP’s directors…
Wendy’s/Arby’s Group, the third-largest U.S. fast food company, said Thursday it is considering selling the Arby’s chain to focus on the Wendy’s brand. Arby’s is the second-largest quick-service sandwich chain in the U.S., but …