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Berkshire Hathaway sets sights on India, Twitter CEO to testify, Disney’s new minimum wage deal

Yahoo Finance

Here’s a look at some of the companies the Yahoo Finance team will be watching for you today.

Warren Buffett’s Berkshire Hathaway is setting its sights on India. Berkshire is reportedly looking to invest upward of $300M in the parent company of Paytm. That’s India’s largest digital payment service. If the deal goes through, it would be Buffett’s first direct investment in India.

Twitter’s CEO is gearing up to testify before Congress. Jack Dorsey will sit down with the House Energy and Commerce Committee just after Labor Day. He’s facing questions over the site’s algorithms and how it monitors content. Some conservatives, including the president, have accused twitter of discriminating against them.

Labor peace is coming to Walt Disney World. The Mouse has reached a deal with union workers to boost wages to $15 an hour by 2021. Workers would also get thousand-dollar bonuses. It marks an end to contentious labor talks that have dragged on for nearly a year.

And some new details today about Apple’s plans for the newest iPhone. Bloomberg says the company plans to roll out 3 new phones this fall. They’ll have edge-to-edge screens, similar to the iPhone 10, but a wider-range of prices to meet different consumer needs. That includes a cheaper model to replace the iPhone 8.