Reuters - Berkshire Hathaway Inc. (BRKa.N)
(BRKb.N), the insurance and investment company run by
billionaire Warren Buffett, on Friday said first-quarter profit
rose 70 percent, helped by increasing revenue.
Reuters - New York Attorney General Eliot
Spitzer on Friday charged Liberty Mutual Group, the sixth
largest U.S. property casualty insurer, with rigging bids and
making payoffs to steer business its way.
Reuters - Warner Music Group Corp. ,
which earlier this week rejected a $4.2 billion takeover bid by
EMI Group Plc. , on Friday posted a
narrower-than-expected loss, helped by rising U.S. CD sales and
digital music revenues.
Buffett to buy 80 pct of Israeli tools company
(Reuters) Reuters - Billionaire Warren Buffett's
investment firm Berkshire Hathaway Inc. (BRKa.N) said on Friday
it had agreed to buy 80 percent of an Israeli metalworking
tools business in a deal valuing the company at $5 billion.