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Business

Recent Headlines

Saturday 04/30/2016
Berkshire Hathaway event celebrates what makes firm unique
Updated: April 30, 2016 - 11:07 pm

OMAHA, Neb. (AP) — Berkshire Hathaway's idiosyncrasies were on display this weekend, as tens of thousands of people filled an arena to listen to Warren Buffett and Charlie Munger talk business for several hours Saturday at the conglomerate's annual meeting.

The Latest: Berkshire investors reject climate change report
Updated: April 30, 2016 - 9:02 pm

OMAHA, Neb. (AP) — The Latest on Berkshire Hathaway's annual shareholders meeting, where tens of thousands of people have listened to CEO Warren Buffett and Vice Chairman Charlie Munger talk business for several hours (all times local):

Uber, blind riders reach settlement over service dogs
Updated: April 30, 2016 - 9:30 pm

SAN FRANCISCO (AP) — Uber and advocates for the blind have reached a lawsuit settlement in which the ride-hailing company agrees to require that existing and new drivers confirm they understand their legal obligations to transport riders with guide dogs or other service animals, an advocacy group announced Saturday.

Pipelines drained; feds investigating cause of explosion
Updated: April 30, 2016 - 6:02 pm

GREENSBURG, Pa. (AP) — Natural gas pipelines were being drained Saturday as authorities try to determine the cause of an explosion in western Pennsylvania that destroyed one home, damaged at least three others and burned a fleeing homeowner.

Flooding flushes oil, chemicals into Texas rivers
Updated: April 30, 2016 - 4:15 pm

EL PASO, Texas (AP) — Recent floods across Texas have inundated oil wells and fracking sites, flushing crude oil and toxic fracking chemicals into the state's rivers.

Berkshire Hathaway's 1Q profit up 8 percent on paper gain
Posted: April 30, 2016

OMAHA, Neb. (AP) — Berkshire Hathaway's first-quarter profit grew 8 percent largely because of the way it had to account for its Duracell acquisition on paper, but profits fell at its BNSF railroad and at its insurance units.

Central Illinois Mitsubishi plant sold to liquidation firm
Updated: April 30, 2016 - 2:30 pm

NORMAL, Ill. (AP) — A Mitsubishi plant in central Illinois that ended production last year has been sold to an auctioneering and liquidation firm.

Major utilities say they're ready to handle Arizona summer
Updated: April 30, 2016 - 12:06 pm

PHOENIX (AP) — Arizona's major electric utilities are telling state regulators they're positioned to handle the upcoming summer heat and the season's demand on their systems.