Monthly Archives: April 2011

Insurance to drag on Berkshire Q1 results (Reuters)

Written on April 30, 2011 by Editor - Business News

OMAHA, Nebraska (Reuters) – Berkshire Hathaway Inc (BRKa.N) (BRKb.N) will report a significantly lower first-quarter profit, as one of the worst quarters ever for global catastrophes weighed on the company’s insurance businesses, Chief Executive Warren Buffett said on Saturday. Profit … Continue reading →

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Buffett admits error in Sokol affair (Reuters)

Written on April 30, 2011 by Editor - Business News

OMAHA, Nebraska (Reuters) – Warren Buffett said he had made a mistake by not asking more about David Sokol’s purchases of Lubrizol Corp stock while his former top lieutenant was pitching the chemicals company as a possible takeover target for … Continue reading →

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Berkshire 1Q profit drops on insurance losses

Written on April 30, 2011 by Editor - Finance Top Stories

The Berkshire Hathaway Warren Charlie Magic Answer Ball is offered for sale at a cocktail party hosted by the Berkshire-owned Borsheims jewelry store, in Omaha, Neb., Friday, April 29, 2011. The cocktail party welcomes the many thousands who arrive to … Continue reading →

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Buffett says mistakes were made in handling Sokol

Written on April 30, 2011 by Editor - Finance Top Stories

Shareholders walk past the facade of Borsheims, at a cocktail party hosted by the Berkshire-owned jewelry store, in Omaha, Neb., Friday, April 29, 2011. The cocktail party welcomes the many thousands who arrive to Omaha for the annual Berkshire Hathaway … Continue reading →

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VIDEO: Japan passes quake budget

Written on April 30, 2011 by Editor - BBC World News

Japan’s lower house has approved an emergency budget of nearly $50bn to begin clearing and rebuilding after the devastating earthquake and tsunami in March. The government estimates the total cost will be six times that amount. The Prime Minister, Naoto … Continue reading →

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Dragons admit Henson ‘interest’

Written on April 30, 2011 by Editor - Top News Stories

Henson joined Toulon in February following a brief spell with Saracens Newport Gwent Dragons have admitted they would be open to signing Gavin Henson should the Wales centre be released by French giants Toulon. Henson will discover if he has … Continue reading →

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Protesters ‘intent on disorder’

Written on April 30, 2011 by Editor - Top News Stories

30 April 2011 Last updated at 12:29 ET An anti-war protest in the city in 2010 led to a series of clashes between police and protesters Five demonstrators taking part in a pre-May Day “street party and protest” in Brighton … Continue reading →

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Death toll from US tornadoes rises to 350 (AFP)

Written on April 30, 2011 by Editor - Science News

TUSCALOOSA, Alabama (AFP) – The death toll from killer tornadoes in the southern United States rose to at least 350 early Saturday, making the storm the second-deadliest tornado-related tragedy in US history. The worst tornado outbreak in the United States … Continue reading →

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Double-whammy of trouble staggers low-key Braves (AP)

Written on April 30, 2011 by Editor - Sports News

ATLANTA – The day started off tough for the Braves. It never got any better. General manager Frank Wren awoke to news Friday that pitcher Derek Lowe had been arrested on drunken-driving charges. In the afternoon, the Braves placed pitching … Continue reading →

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Obama renews call for ending oil subsidies (AFP)

Written on April 30, 2011 by Editor - Science News

WASHINGTON (AFP) – US President Barack Obama on Saturday said Congress should halt subsidizing oil companies to invest in the energy of the future. “When oil companies are making huge profits and you?re struggling at the pump, and we?re scouring … Continue reading →

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