OMAHA, Neb. (AP) — Berkshire Hathaway's idiosyncrasies were on display this weekend, as tens of thousands of people filled an arena to listen to Warren Buffett and Charlie Munger talk business for several hours Saturday at the conglomerate's annual meeting.
German Finance Minister Wolfgang Schaeuble said he didn't understand how Volkswagen bosses could defend their bonuses after a huge emissions-rigging scandal plunged the carmaker into global turmoil, according to an interview with Die Welt published Sunday. The criticism comes after Volkswagen revealed this week that its top executives would be paid a total of 63.2 million euros ($72 million) for 2015 despite a massive loss incurred from the cheating controversy. "I can't understand how you can steer a major DAX (German stock exchange) company into a crisis that threatens its very existence, and then defend your own bonuses in a public debate," Schaeuble told the German daily.