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Buffett upbeat on American business; Berkshire operating profit down

Warren Buffett on Saturday mounted a forceful and upbeat defense of the prospects for American business, as his Berkshire Hathaway Inc reported a higher quarterly profit though operating income fell. | Video

Recent Business News

Record-setting stock rally faces test in Trump speech

NEW YORK U.S. President Donald Trump's planned economic agenda has fanned the flames for Wall Street's record-setting run, but some investors worry that his first major address to Congress next week risks dousing it if his plans look slow to execute or are overly vague.

Feb 24 2017

Huawei seeks to exploit Samsung gap with new smartphone

BARCELONA Huawei [HWT.UL] is introducing a mass-market version of its premium business phone, to take advantage of a gap created by the withdrawal of Samsung's flagship Galaxy Note 7 after a crisis with its batteries catching fire.

10:32am EST

TCL carries flickering BlackBerry flame with new phone launch

BARCELONA, Spain Blackberry Ltd may have exited the device business, but fans of the pioneering email machine need not despair as Chinese smartphone maker TCL Communication has introduced its first Blackberry-licensed phone with the physical keyboard that was long its key allure.

Feb 25 2017

Buffett scorns tricky Wall Street accounting, but defends buybacks

NEW YORK Billionaire investor Warren Buffett on Saturday attacked what he saw as tricks used by U.S. companies to boost earnings and stock prices, but he defended one oft-criticized practice: share buybacks.

Deals, Money Feb 25 2017

Deutsche Bank board member says staff not quitting over bonus cuts-paper

FRANKFURT Bonus cuts at German flagship lender Deutsche Bank , announced in January, have so far not led to a mass exodus of employees, one of its board members told a German weekly newspaper.

7:29am EST

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