buying-workers

Japan’s Renesas pushes into autos with $3.2 billion Intersil buy

By Makiko Yamazaki TOKYO (Reuters) – Renesas Electronics Corp on Tuesday said it has agreed to buy U.S. chipmaker Intersil Corp for $3.2 billion, an all-cash deal that bolsters the Japanese group's efforts to refocus the company around automotive chips. Renesas, created from the semiconductor units of several Japanese companies, has amassed a significant war chest since a state fund and key clients …

More:
Japan’s Renesas pushes into autos with $3.2 billion Intersil buy

buying-workers

Berkshire is accused in New York lawsuit of workers’ compensation ‘siphoning’

By Jonathan Stempel NEW YORK (Reuters) – Berkshire Hathaway Inc has been sued by a New York bicycle courier company over an alleged illegal scheme to cheat employers buying workers' compensation policies. The complaint, filed late Friday by Breakaway Courier Systems, came as Berkshire's Applied Underwriters unit faces scrutiny over its workers' compensation policies, including some that have been banned by California, Vermont and Wisconsin. Breakaway, with about 300 employees, accused Berkshire and Applied of “siphoning” premiums through a web of illegal shell companies, with …

Read more here: 
Berkshire is accused in New York lawsuit of workers’ compensation ‘siphoning’