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Cynosure weighs sale in strategy review

  Bloomberg Cynosure Inc., the maker of lasers for medical and cosmetic treatments, is exploring strategic options including a sale, according to people familiar with the matter, amid increasing interest in the technology from larger global companies. Cynosure is in talks with financial advisers as it weighs strategic options, the people said, asking not to be identified because the deliberations ...

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Berkshire Hathaway agrees to buy German pipe company

  Bloomberg A unit of Warren Buffett’s Berkshire Hathaway Inc. agreed to buy Wilhelm Schulz GmbH, a closely held German maker of piping components, as the billionaire accelerates an expansion in Europe. Rainer Floeth, chief executive officer of Krefeld, Germany-based Wilhelm Schulz, confirmed by phone that Berkshire’s Precision Castparts had agreed to buy the company. He declined to elaborate on ...

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Five economic lessons from Obama’s presidency

  I remember vividly the economic and financial mess President Barack Obama inherited when he was sworn in as the 44th US president eight years ago. Growth and trade were imploding, millions of Americans were losing their jobs, and the stock market was in free fall. This frightful combination was also playing out in many other countries, fueling a sense ...

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