Ann Thelen News
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MidAmerican Funding LLC, the unit of Warren Buffett’s Berkshire Hathaway Inc. that owns an Iowa utility, named William Fehrman president, following the resignation of Greg Abel from that role.
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Two of Bernard L. Madoff ’s investors lost their bid to sue the U.S. Securities and Exchange Commission for allegedly gross negligent oversight in its failure to uncover his Ponzi scheme.
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MidAmerican Energy Holdings Co., the power unit of Warren Buffett ’s Berkshire Hathaway Inc. , will expand wind-generation capacity by purchasing 258 turbines from Siemens AG and acquiring a project under development in Iowa.
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Galleon Group LLC trader Zvi Goffer, accused of leading one of three insider-trading rings that are the subject of a U.S. probe, pleaded not guilty to new federal charges in an amended indictment.
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First Solar Inc., the biggest U.S. solar manufacturer, halted panel deliveries to the world’s largest photovoltaic power plant, which it’s building in Arizona, because construction is ahead of schedule and the company must slow down to meet contractual milestones.
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Warren Buffett’s MidAmerican Energy Holdings Co. is planning a second round of bonds to finance its $2.4 billion Topaz Solar Farm in California after investors sought more of the debt than was offered in the first public issuance for a U.S. photovoltaic power project.
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David Sokol , who resigned yesterday as a top manager at Berkshire Hathaway Inc., said he did nothing unethical when he bought stock in a company that he later proposed as a takeover target to Chairman Warren Buffett .
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David Sokol , who resigned yesterday as a top manager at Berkshire Hathaway Inc., said he did nothing unethical when he bought stock in a company that he later proposed as a takeover target to Chairman Warren Buffett .
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David Sokol, the executive who left Warren Buffett’s Berkshire Hathaway Inc. amid accusations of violating insider-trading rules last year, is receiving $1 million annually from the company in retirement payments.
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E.ON AG’s U.K. power grid is drawing interest from MidAmerican Energy Holdings Co., PPL Corp. and Cheung Kong Infrastructure Holdings Ltd. in a sale that may fetch about $6 billion, said people with knowledge of the talks.
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