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Berkshire Hathaway Inc Buffett Berkshire Hathaway Business offer Texas 

Buffett’s Berkshire Hathaway will not increase its Oncor offer

August 17, 2017 (Reuters) – The energy unit of Warren Buffett’s Berkshire Hathaway Inc said on Wednesday it will “stand firm” on its $9 billion offer to acquire 80 percent of Oncor Electric Delivery Company LLC and will not increase its offer. Elliott Management Corp, the largest creditor of Oncor’s bankrupt parent Energy Future Holdings Corp, has tried to best Berkshire’s offer for the Texas utility with a $9.3 billion proposal. Including debt, Elliott’s offer values Oncor at $18.5 billion, above Berkshire’s $18.1 billion valuation. Elliott, which already owned a…

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climate change Economy GM tax Texas Top News 

America’s hungriest wind and solar power users: big companies

June 21, 2017 By Nichola Groom LOS ANGELES (Reuters) – Major U.S. corporations such as Wal-Mart Stores Inc and General Motors Co have become some of America’s biggest buyers of renewable energy, driving growth in an industry seen as key to helping the United States cut carbon emissions. Last year nearly 40 percent of U.S. wind contracts were signed by corporate power users, along with university and military customers. That’s up from just 5 percent in 2013, according to the American Wind Energy Association trade group. These users also accounted…

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David Mendels Edward Vargo Money service Texas Top News 

Your money: Consumers grapple with tip inflation

June 15, 2017 By Chris Taylor NEW YORK(Reuters) – When Alexander Koury took his cats to get groomed a few weeks ago, he got a bit of a shock at the checkout counter. The Phoenix financial planner brought his 5-year-old orange tabbies Frankie and Scotch in for bathing, clipping and shaving, which cost $150. But then the payment system asked whether he wanted to tack on a healthy tip: Either 20, 25 or 30 percent. “Ridiculous,” says Koury, 36, who says it was not explained to him why he needed…

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