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May 04, 2020  /  The Right News Right When It Happens
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Berkshire Hathaway Reports Q1 Loss of $49B but Buffett Says that U.S. Will Recover
Omaha, NE, May 4, 2020—Berkshire Hathaway, which owns Shaw Industries, reported a $49.7 billion loss for Q1 2020, compared to a $21 billion gain in the same period of 2019, but at an annual stakeholder meeting on May 2, Berkshire Hathaway CEO Warren Buffett offered that the U.S. economy will recover steadily from the coronavirus pandemic, reports the Wall Street Journal.
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Today's Flooring News
Shaw Releases Toolkit to Assist Retailers with Recovery
Dalton, GA, May 4, 2020—Shaw Industries Group has released a comprehensive online toolkit to flooring retailers nationwide.
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Orders for Manufactured Goods Fell 10.3% in March
Washington, DC, May 4, 2020--New orders for manufactured goods in March, down four of the last five months, decreased $51.0 billion or 10.3% to $445.8 billion, the U.S. Census Bureau reported.
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Tarkett Impacted by Cyber Attack
Paris, FR, May 4, 2020--Tarkett announced that it is the victim of a cyber-attack that has affected part of its operations since April 29, despite the IT security measures implemented by the Group.
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