Industrials

BANGALORE (Reuters) - Warren Buffett's Berkshire Hathaway Inc agreed to acquire specialty chemical company Lubrizol Corp for $9 billion for cash, making it one of the largest acquisitions in its history.

(Changes dateline, adds comments from Geneva)

ATLANTA (Reuters) - American Airlines parent AMR Corp said passenger unit revenue rose about 4.5 percent to 5 percent in the first two months of this year compared with a year before.

Johnson & Johnson said it was recalling more than 700,000 packages of Tylenol and other consumer medicines made at a now-closed plant.

Caterpillar CEO Douglas Oberhelman criticized the business climate in Illinois, while downplaying reports the company might leave. 

By Michael Erman and Ben Berkowitz

NEW YORK (Reuters) - Warren Buffett's leading heir apparent David Sokol resigned from Berkshire Hathaway , and Buffett said in a statement on Wednesday that Sokol bought shares in a company he later pushed Buffett to purchase.

Stronger demand in Latin America propelled Caterpillar machinery sales in the three-month period through February.

(Corrects spelling of name in paragraph 2 to Lian)

Agilent reported Friday that its operations in Japan remain unaffected by the earthquake and subsequent tsunami that ripped through the northeast part of the country.

NEW YORK (Reuters) - Industrial conglomerate 3M Co said on Thursday all 2,700 employees in its majority-owned Japan joint venture are safe and its facilities suffered only minor damage, and it is ramping up production of safety-related products.

Toyota said in a memo to its employees that it expects to halt some North American production due to parts shortages.

By Ploy Ten Kate

MUMBAI (Reuters) - Billionaire Warren Buffett, on a visit to Bangalore in India, said he saw significant growth in global output over the next year, in a television interview on Wednesday.

BEIJING (Reuters) - Chinese authorities have found three companies linked to Google broke tax rules and are continuing to probe for possible tax avoidance, a state-run Chinese newspaper said on Thursday, raising the possibility of a new bout of pressure on the Internet search giant.

Sony said it would partially restart a lithium ion battery factory in Tochigi prefecture on Tuesday.

NEW YORK, March 21 (Reuters Legal) - Six former and current employees of a U.S. unit of Bayer AG filed a class-action lawsuit against the company on Monday, alleging gender discrimination in pay, promotions and the treatment of pregnant women and mothers.

Billionaire investor Warren Buffett said he was looking at more acquisition targets after a $9 billion buy of U.S. specialty chemical maker Lubrizol by his Berkshire Hathaway last week.

Cisco Systems said it plans to buy privately held software company newScale, in a deal that would ramp up its cloud computing services.

(Reuters) - Levi Strauss & Co agreed to pay more than $1 million in back wages for overtime to about 600 employees after the U.S. Department of Labor found that the jeans maker failed to record all the hours employees worked in its payroll system.