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Buffett’s Wal-Mart ‘stake’ signals Amazon holiday threat

  Bloomberg When Berkshire Hathaway Inc. Vice Chairman Charles Munger lamented the mistakes made in the company’s first 50 years under Warren Buffett, he cited the failure to buy Wal-Mart Stores Inc. stock early enough in the retailer’s history. Judging by recent events, Buffett doesn’t think Wal-Mart is such a great idea for his company’s next half-century. Berkshire said last ...

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Denmark heads towards an economic ‘boom’

Bloomberg After half a decade of negative interest rates, Denmark’s economy is headed for an economic “boom” and risks running out of the labor resources needed to support sustainable growth, the central bank said on Wednesday. “The Danish economy is in a solid upswing, and as the signs of labor shortage are becoming still clearer, the structural government budget should ...

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Tesla recalls 7,000 charging adapters after two overheat

  Bloomberg Tesla Motors Inc. said it’s voluntarily recalling about 7,000 adapters for electric-vehicle charging after two reports of overheating that resulted in melted plastic on the plugs. The rarely used item is sold through the company’s online store. Two customers reported overheating in November, according to an e-mail the company sent to customers. No damage besides the melted plastic ...

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