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Buffett: United made ‘terrible mistake’ with dragged passenger
Warren Buffett said on Monday United Airlines made a "terrible mistake" in handling the fallout of a recent incident when a man was forcibly dragged off a United flight, which drew widespread outrage and sparked Congressional hearings.But the billionaire, whose Berkshire Hathaway Inc (BRKa.N) is the largest investor in the
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Citi says U.S. regulators are investigating its hiring practices
Citigroup Inc (C.N) on Friday said that U.S. government and regulatory agencies are investigating the bank's hiring practices.U.S. agencies, including the U.S. Securities and Exchange Commission, are looking into whether or not the bank hired candidates "referred by or related
Buffett's Berkshire says quarterly profit rises 15 percent
Warren Buffett's Berkshire Hathaway Inc (BRKa.N) on Saturday said fourth-quarter profit rose 15 percent from a year earlier, helped by gains from investments and derivatives.Net income rose to $6.29 billion, or $3,823 per Class Ashare, from $5.48 billion, or $3,333
Trump tweet hits Lockheed Martin's F-35 fighter jet costs
WASHINGTON Donald Trump on Monday criticized Lockheed Martin's F-35 fighter jet program as too expensive, the latest attack by the U.S. President-elect on large defense contractors.Lockheed shares dropped 5.1 percent and shares of several other defense contractors also tumbled. "The
