IBT Staff Reporter

73261-73290 (out of 154943)

Buffett admits error, says Sokol events inexcusable

Warren Buffett said he was wrong not to press David Sokol about purchases of Lubrizol Corp stock while his former top lieutenant was pitching the chemicals company as a possible takeover target for Berkshire Hathaway Inc.

Serbia Open - Djokovic into yet another final

World number two Novak Djokovic progressed to the final of the Serbia Open on Saturday after his semifinal with fellow Serb Janko Tipsarevic was cancelled after Tipsarevic withdrew with a thigh injury.

Buffett admits error in Sokol affair

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 Berkshire Hathaway Inc.

Sony Exec To Speak On PlayStation Security Breach

Sony Corp.'s Executive Deputy President Kazuo Hirai will hold a press conference on Sunday to talk about the recent security breaches of the PlayStation Network. It is the first time a company executive is directly addressing the issue.

Buffett downplays chance of Berkshire dividend

Berkshire Hathaway Chief Executive Warren Buffett downplayed on Saturday the idea of a first-ever dividend for shareholders, as he opened his conglomerate's annual meeting for a crowd of tens of thousands of people.

Lindsay Lohan shocked by jail term but will plead no contest to theft charge (video)

Mean Girls star Lindsay Lohan, who was handed down 120 days in jail and 480 hours of community service for violating her probation, said she is kinda shocked by the sentence but is ready to face the consequences for attempting to steal a $2,500 necklace from a swanky jewelry store in Los Angeles and will plead no contest to the theft charge as early as next week.

Insurance to drag on Berkshire Q1 results

Berkshire Hathaway Inc 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.

Good Year's revenue soar 27pct

The Goodyear Tire & Rubber Company reported higher tire unit volumes, record sales and higher earnings for the first quarter of 2011, the company said in a statement.

Sony's No.2 Hirai to brief media Sunday on data theft

Sony Corp's No.2 Kazuo Hirai will brief media on Sunday about a huge security breach of its PlayStation Network, the first time an executive of the Japanese electronics giant will publicly address the case, which could prompt global legal actions.

Kate's ring made of rare Welsh gold

Prince William and Catherine Middleton continued the 88 year tradition of the British monarchy to use wedding ring made of rare Welsh gold. Ironically, it was May 1999 when Gordon Brown sold half of Britain's gold reserves at rock bottom prices, squandering many billions of the national wealth.

Nokia Siemens closes delayed Motorola deal

Mobile telecom gear venture Nokia Siemens Networks closed its $975 million acquisition of Motorola Solutions' mobile gear unit on Friday, four months behind the original schedule

Gold jumps 2 percent to set record high for third day

Gold surged to a record high on Friday for the third straight day, as investors kept up a buying frenzy fueled by the outlook for low U.S. interest rates that has propelled bullion to its seventh consecutive weekly rise, its longest winning streak since 2007.

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