U.S.

Warren Buffett's Berkshire Hathaway Inc said on Friday it had modestly raised its stakes in Wells Fargo and US Bancorp , two banks whose market values have fallen dramatically.

Deletes reference in paragraph 12 to having sold out of positions in Ingersoll Rand and Iron Mountain

Plans by the United States to tackle climate change through a cap and trade scheme must learn from the mistakes of Europe if they are to avoid giving away multi-billion-dollar windfalls to industry.

General Motors Corp said Friday it will drop about 1,600 U.S. dealers as it struggles to slash billions of dollars in operating costs and debt ahead of an anticipated bankruptcy filing by the end of the month.

New types of pennies are now available on the new US Mint catalog and available for sale.

The remarkable spending on commodities out of China continues... this single country demand continues to make old sign posts useless.

US airways said on Tuesday it will receive $234 million in net proceeds from the full exercise of its previously announced common stock and convertible note offerings from underwriters.

The National Association of realtors said on Tuesday that home prices dropped in 134 out of 152 metro areas on a year-over-year basis during the first quarter of this year.

Digital Globe Inc, a satellite image provider, is set to debut on the New York Stock Exchange on Thursday with a planned $250 million IPO offering.

Mexico's peso firmed on Friday and stocks jumped as the U.S. government's stress tests eased worries about major banks and data showed employers in the United States cut fewer jobs than expected in April.

Interest rates on U.S. 30-year fixed-rate mortgages rose 0.06 percentage point in the latest week, according to a survey released on Thursday by home funding company Freddie Mac.

NEW YORK, May 7 - The Nasdaq turned lower on Thursday, and the Dow and the S&P 500 cut gains, as a sell-off in big-cap technology and telecommunications companies weighed.

U.S. mortgage applications rose last week even as interest rates jumped to their highest levels since mid-March, data from an industry group showed on Wednesday.

The US Navy on Wednesday unveiled its fastest, hi-tech and aggressive ship that chases pirates known as USS Freedom.

A Texas woman with the new H1N1 flu died earlier this week, state health officials said, the second death outside of Mexico, where the epidemic appeared to be waning.

By now, most smart money has typically pegged the US recovery in late 09, early 2010.

The U.S. Congress will make enough progress on climate change legislation this year to boost prospects for success at December's Copenhagen summit on cutting greenhouse gases, Senate Majority Leader Harry Reid predicted on Friday.

As the world grapples with the worst economic downturn in decades and the possibility of a flu pandemic, a growing body of research suggests the complexity of the modern global economy may make us more vulnerable than ever to catastrophe.

Pepsi bottler PepsiAmericas Inc, which recently received a buyout offer from the beverage giant, posted a 12 percent fall in profit that still beat Wall Street estimates as strong pricing, cost cuts and growing sales in the United States offset volume declines.

US Steel Corp said Monday it will offer 18 million shares of stock and $300 million convertible note due to 2014 to pay its $500 million debt after its first quarter fells in the current weak demand of crisis.

Secretary of State Hillary Rodham Clinton told representatives of the world's 17 major economies that the United States is fully engaged in issues relating to climate change and is no longer absent without leave in the matter.