NEW YORK (Reuters) - American International Group Inc has agreed to pay roughly $10.2 billion to Warren Buffett's Berkshire Hathaway Inc to take on many long-term risks on U.S. commercial insurance policies it has already written.
SAN FRANCISCO (Reuters) - Ride-hailing company Uber Technologies Inc. has hired the man behind Google search to work closely with Chief Executive Travis Kalanick and help grow the company's self-driving car program.
SAN FRANCISCO (Reuters) - San Francisco Federal Reserve Bank President John Williams on Friday repeated his view that the U.S. central bank needs to reduce monetary stimulus before the economy overshoots the Fed's employment and inflation goals and the Fed has to "slam on the brakes."
LONDON/FRANKFURT (Reuters) - U.S. banks Morgan Stanley and Citigroup have identified many of the roles that will need to be moved from Britain following its exit from the European Union, sources involved in the processes told Reuters.
OTTAWA (Reuters) - Canada's business competition watchdog said on Friday it had reached an agreement with Apple Inc and three major e-book publishers that will allow retailers to offer discounts to customers.