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HIGHLIGHTS-Buffett on immigration, stock buybacks and Jack Bogle

NEW YORK, Feb 25 Highlights from billionaire Warren Buffett's annual letter to Berkshire Hathaway Inc shareholders on Saturday: ON IMMIGRATION "One word sums up our country's achievements: miraculous. From a standing start 240 years ago - a span of time less than triple my days on earth - Americans have combined human ingenuity, a market system, a tide of talented and ambitious immigrants, and the rule of law to deliver abundance beyond any dreams of our forefathers. You need not b

WRAPUP 4-Warren Buffett rails against fee-hungry Wall Street managers

NEW YORK, Feb 25 Billionaire Warren Buffett, whose stock picks over several decades have enriched generations of Berkshire Hathaway Inc shareholders, delivered a black eye to the investment industry on Saturday, urging ordinary investors to buy plain-vanilla index funds.

US SEC's Stein cautions on capital formation rules

WASHINGTON, Feb 25 As the U.S. Securities and Exchange Commission gears up for an expected liberalization of the rules that govern how companies raise capital, the commission’s lone Democrat on Saturday urged the agency to tread carefully and avoid unduly harming investors.

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Trump vows military build-up, hammers nationalist themes

NATIONAL HARBOR, Md./WASHINGTON President Donald Trump said he would make a massive budget request for one of the "greatest military buildups in American history" on Friday in a feisty, campaign-style speech extolling robust nationalism to eager conservative activists. | Video