Auto sales rise in September driven by trucks and hurricane demand
U S car sales climbed 6.1 percent in September to just over 1.5 million vehicles led by Toyota Honda Ford GM Nissan and VW with Fiat Chrysler and Hyundai posting declines. Analysts credit hurricane replacement demand strong incentives and high fleet sales for the surprise gain though not enough to reach last year's record.
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Lawmakers berate Equifax ex CEO at Capitol Hill hearing
Equifax former chief executive Richard Smith faced bipartisan outrage as he apologized for the breach affecting as many as 145.5 million Americans. Lawmakers faulted the firm for delayed public notice and weak patching, while Smith cited human and technology errors and pledged to make victims whole. Yahoo reports a separate note from Boston on a breach claiming 3 billion accounts affected.
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Berkshire Hathaway Buys Stake in Pilot Flying J
Berkshire Hathaway agreed to acquire 38.6 percent of Pilot Flying J, based in Knoxville, Tenn., placing Warren Buffett's firm on track to become the largest shareholder within six years. The Haslam family will retain majority ownership and Jimmy Haslam remains CEO.
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