IBT Staff Reporter

Warren Buffett is looking for acquisitions as an outlet to deploy his $38 billion cash pile, the legendary investor said in his annual letter to Berkshire Hathaway Inc shareholders on Saturday.

With the return of the Premiership games, Manchester United travel to Wigan Athletic on Saturday, hoping to avoid any slip-ups before Tuesday's big one against Chelsea.

With the return of the Premiership games, Manchester United travel to Wigan Athletic on Saturday, hoping to avoid any slip-ups before Tuesday's big one against Chelsea.

Warren Buffett is looking for acquisitions as an outlet to deploy his $38 billion cash pile, the legendary investor said in his annual letter to Berkshire Hathaway Inc shareholders on Saturday.

Mizuho Financial Group is planning to buy out its brokerage and trust bank units, a source familiar with the matter said on Saturday, in a roughly $4 billion deal aimed at helping the lender grow beyond sluggish commercial banking business in Japan.

In the United States, major earthquakes like the one in Christchurch, New Zealand aren't just limited to California. The key is to be ready for when they do.

Monetary policy makers must closely watch emerging inflation tensions to head off any decline in expectations for price stability, European Central Bank Governing Council member Mario Draghi said on Saturday.

Russia launched on Saturday one of the final satellites needed to complete a space-based navigation system, which Moscow hopes will challenge the dominant U.S. Global Positioning System .

JCPenney, Best Buy, Hyundai, and Livingsocial.com have all released a preview or description of their advertisement campaigns for the upcoming Academy Awards, hoping to create a buzz and thus earn more eyeballs during Hollywood's biggest night.

Google continues efforts to maintain high-quality search with revamped search formula. Slideshow recalls top search innovations in recent times:

NASA's Jet Propulsion Laboratory plans to layoff about 200 employees amid federal cutbacks, The Los Angeles Times reported today.

A mobile phone can spot cancer and soon there may be an application to detect it and could allow physicians to find out within 60 minutes whether a suspicious lump in a patient is cancerous or benign, Science Translational Medicine journal said in a report on Friday.

Don't bother calling your favorite value investor on Saturday morning -- he or she will be busy devouring every last word of annual wisdom from the guru of that investing discipline, Warren Buffett.

While all American institutions have evacuated students and faculty from high-risk zones, they continue to be worried about their long term moves and prospects in these regions

With Friday's episode of 'The Oprah Winfrey Show' with Diana Ross turning into a major hit, here's a recall of all the best guests of the final season, so far, including John travolta, Hugh Jackman in Australia, and David Arquette.

Mizuho Financial Group is planning to buy out its brokerage and trust bank units, a source familiar with the matter said on Saturday, a deal that could be worth around $4 billion as the lender tries to grow beyond sluggish commercial banking business in Japan.

Verizon Wireless sold more iPhones online than in stores, its top executive told Reuters, disputing a concern that the sparse crowds that greeted the store launch of the Apple Inc device signaled low sales.

Investors who lost money in Bernard Madoff's Ponzi scheme have reached a $100 million settlement with a group of funds affiliated with Tremont Group Holdings Inc that funneled their money to the now imprisoned con man.

Chrysler CEO Sergio Marchionne led an overhaul of the company's staid lineup of cars and trucks and revived interest in the automaker that was once left for dead-- and he didn't get paid any cash for it.

Former President George W. Bush on Friday canceled a scheduled appearance at a business leaders' conference in Denver after learning that organizers also invited WikiLeaks founder Julian Assange.

Bank of America, Citigroup and Wells Fargo -- three of the biggest banks in the United States -- said they could face fines from a regulatory probe into the industry's foreclosure practices.

Game fans hit Japanese stores early on Saturday to be among the first to get their hands on Nintendo's new 3D-capable game player, but the gadget's sales may be squeezed in the longer term by competition from smartphones and tablets.

Wells Fargo & Co , the largest U.S. mortgage lender, said it is likely to face fines from regulators and other government agencies as a result of a probe into the industry's foreclosure practices.

The Federal Reserve would react to higher oil prices only if the increases spilled over into broader areas, officials of the U.S. central bank said on Friday, with one policy maker calling the risks manageable.

Icelanders will vote on April 9 on a plan to repay around $5 billion to Britain and the Netherlands to cover debts from the financial crisis, with popular backing key to keeping an economic recovery on track.

A derailment on the Richards Bay coal line near Ermelo on Thursday is unlikely to result in large tonnage lost, rail and exporter sources said.

Rwanda has put plans of awarding a fourth mobile phone operator's licence on the ice until subscriber growth and market share distribution stabilises, the industry regulator said on Friday.

The Development Bank of Seychelles (DBS) will issue a five-year bond worth 50 million rupees with a 6 percent coupon, central bank said on Friday.

Kenyan cement maker Bamburi recorded on Friday a 21 percent drop in annual pretax profit to 7.56 billion shillings as competition increased.