Caterpillar's latest restructuring move could cut 880 jobsCHICAGO (Reuters) - Caterpillar Inc will close two facilities in Texas and Panama and is also considering shutting its engine manufacturing plant in Illinois as part of a strategy to boost profitability and better handle busi…Read More
Former Qualcomm chairman Jacobs to exit board of directors(Reuters) - Qualcomm Inc on Friday said former executive chairman Paul Jacobs would not be renominated for the U.S. semiconductor company's board after Jacobs disclosed his intention to pursue a long-shot acquisition of the f…Read More
Berkshire says median employee makes over half Buffett's pay(Reuters) - Berkshire Hathaway Inc on Friday said its median employee last year made a little over half the $100,000 salary that Chairman Warren Buffett was awarded for running the conglomerate that made him the world's third…Read More
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