“Market conditions in the first quarter of 2019 have been challenging. Demand has generally been lackluster, reflecting softness in manufacturing activity and continued weakness in automotive.”
Buffett's company invested hundreds of millions of dollars in tax-equity investment funds tied to a company that federal authorities are now saying engaged in fraud.
Drivers want more concessions from the money losing ride sharing giant, which has already warned it will need to pay its drivers less in order to shift toward profitability.