Rocket Internet AG (RKET), the German company known for replicating businesses from Groupon Inc. to Airbnb Inc., fell on its first day of trading after completing the biggest initial public offering in Germany since 2007.
Warren Buffett, whose Berkshire Hathaway is Coke's biggest shareholder, is a longtime critic of excessive pay packages. (AP). SummaryCoca-Cola is curtailing its pay plan for executives after shareholders including Warren Buffett called it excessive.
Comptroller Scott M. Stringer unveiled a letter-grading system on Wednesday that rates New York City agencies in terms of their spending on goods and services provided by businesses owned by women and minorities.