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New York Times plans to name Meredith Kopit Levien as next CEO: Bloomberg News

New York Times Co is expected to name company insider Meredith Kopit Levien as its next chief executive officer to succeed Mark Thompson, Bloomberg News reported https://www.bloomberg.com/news/articles/2020-02-21/new-york-times-poised-to-name-meredith-kopit-levien-as-next-ceo on Friday, citing people familiar with the matter.

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Deere’s shares hit five-year high on unexpected rise in quarterly profits

Deere & Co’s shares soared on Friday to their highest level in at least five years after it reported an unexpected increase in first-quarter profit and retained full-year earnings forecast as signs of stabilization in the U.S. farm sector offset weak demand for construction machines.

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Warren Buffett’s Apple stake hits $78.5B

Berkshire Hathaway’s stake in Apple has more than doubled to $78.5 billion since 2016. MIT Professor Sinan Aral and Yahoo Finance’s Editor in Chief Andy Serwer join the On The Move panel to discuss what can be expected from Buffett’s shareholder letter due on Saturday. …read more […]

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California Eases Up on Sweeping Solar Mandate for New Homes

(Bloomberg) — California is backing away — ever so slightly — from its once-sweeping mandate requiring solar panels on virtually every new home.The California Energy Commission voted unanimously in favor of a measure proposed by the Sacramento Municipal Utility District to allow homes to get power from solar farms instead of rooftop panels.The move is a setback for Sunrun Inc., Vivint Solar Inc. and other panel installers betting on California’s mandate to boost sales. It also threatens to undermine a movement to make rooftop panels ubiquitous.California’s mandate was unprecedented when enacted in 2018 as part of former-Governor Jerry Brown’s effort …read more […]