Cases of the new coronavirus in
Italy, the most affected country in Europe, rose on Saturday to
nearly 80, killing two people and prompting the government to
close off the worst hit areas in the northern regions of
Lombardy and Veneto.
Warren Buffett on Saturday
forcefully defended Berkshire Hathaway Inc's decision
to invest heavily in stocks of companies such as Apple Inc
as he labors through a four-year drought since his last
major acquisition of a company.
Warren Buffett on Saturday called on
corporate America to make their boards of directors more
accountable to shareholders and less beholden to chief executive
officers, perhaps by reducing their pay and requiring that they
buy more stock.
Warren Buffett's Berkshire Hathaway Inc
on Saturday posted a 23% decrease in quarterly
operating profit, while soaring prices in stock holdings such as
Apple Inc enabled the conglomerate to smash its old
record for full-year earnings.