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  • NEW YORK, March 31- Warren Buffett, the billionaire chief executive officer and chairman of Berkshire Hathaway Inc, said he would not raise interest rates significantly if he ran the Federal Reserve. Buffett spoke at an automotive industry conference in New York, along with the chairman of the Berkshire Hathaway automotive dealer group, Larry Van Tuyl.

  • DETROIT— A Detroit- based automotive financial services company announced Tuesday its headquarters will remain in the city's resurgent downtown rather than move to the suburbs. The move comes about three months after the city of Detroit restructured or erased $7 billion in debt through the largest municipal bankruptcy in U.S. history.

  • March 31- John Malone-backed Charter Communications Inc said it would buy Bright House Networks in a $10.4 billion deal as it expands its cable network after losing out to Comcast Corp in a fight for Time Warner Cable Inc.. Comcast's $45.2 billion offer for Time Warner Cable last year highlighted the changing landscape of the industry. "I think it is inevitable...

  • DETROIT, March 31- Honda Motor Co has joined Daimler AG's Mercedes-Benz in testing self-driving vehicles and technologies on private roads at a former U.S. naval facility outside San Francisco, the Japanese automaker said Tuesday. Honda also is a partner in the University of Michigan's Mobility Transformation Center, which plans to open a similar testing...

  • A look at top car, truck speed limits across the US Tuesday, 31 Mar 2015 | 10:59 AM ET

    Nearly all truck tires have been built for a maximum sustained speed of 75 mph since the middle of last decade, when drivers across the vast majority of the U.S. were allowed to go no faster than 65 or 70 mph. But 14 states, mainly west of the Mississippi River, now have speed limits of 75, 80, even 85 mph in part of Texas. Here is a look at the top speed limits for cars in...

  • DETROIT— More than 13,000 Detroit- area property owners have entered into payment plans hoping to avoid losing their homes to tax foreclosure, but another 16,000 living in their homes have yet to take advantage of the offer ahead of Tuesday's deadline. More than 60,000 of the county's 76,000 foreclosed properties are in Detroit, threatening neighborhoods...

  • March 31- Cable television operator Charter Communications Inc said it would buy privately held Bright House Networks in a cash-and-stock deal valued at $10.4 billion to expand in Florida. Bright House has about 2 million video customers in central Florida, including Orlando and Tampa Bay as well as Alabama, Indiana, Michigan and California.

  • Charter nabs Bright House in latest pay-TV deal Tuesday, 31 Mar 2015 | 8:52 AM ET

    Last year, Comcast said it was buying Time Warner Cable for $45 billion, and AT&T is purchasing DirecTV for $48.5 billion. Comcast says it works cooperatively with online video companies like Netflix and that content providers, not distributors like itself, currently have bargaining advantages. Charter buying Bright House, which hinges on regulators...

  • March 31- Cable television operator Charter Communications Inc said it would buy Bright House Networks in a cash-and-stock deal valued at $10.4 billion to expand in Florida. Charter's shares rose 9 percent in premarket trading on Tuesday after Reuters reported the deal earlier in the day. Bright House, controlled by the Newhouse family, has about 2 million...

  • But 14 states, mainly west of the Mississippi River, now have speed limits of 75, 80, even 85 mph in part of Texas. "It's a recipe for disaster," said James Perham, president of Extreme Transportation Corp., an automobile-hauling company near San Diego that filed a complaint with regulators about Michelin tires after seven blowouts caused an estimated $20,000 to...

  • WASHINGTON— A foundation is awarding grants to 32 innovative projects working to improve cities, totaling $5 million in funding. The winning projects range from combating blight in Detroit to installing porch swings in public places in Charlotte, North Carolina. In Detroit, one group will receive funding to create a "Brand Camp" to help create compelling brands...

  • NYC blast probe highlights problem of stealing gas Tuesday, 31 Mar 2015 | 12:54 AM ET

    NEW YORK— It was a run-of-the-mill complaint— a smell of gas— with a troubling explanation: Someone had improperly tapped into a Manhattan building's gas line, and it was leaking. While officials caution that they aren't certain of the cause of last week's blast in New York's East Village, it is highlighting a long-known problem with potentially deadly...

  • PITTSBURGH— A Michigan food entrepreneur claims the "Little Dipper" condiment package he patented in 1997 led H.J. Heinz Co. to develop its Dip& Squeeze ketchup packets, which it rolled out in February 2010, lawyers in opening statements told a federal court jury in Pittsburgh on Monday. The trial, expected to last through Thursday, will determine whether or not...

  • DETROIT— Tesla Motors says it will reveal a new product next month, but it's not a car. CEO Elon Musk tweeted Monday that "a major new Tesla product line" will be revealed April 30. Tesla shares rose 3 percent to $190.60 after the tweet.

  • DETROIT, March 30- Elon Musk, the widely followed chief executive of electric car maker Tesla Motors Inc, tweeted several optimistic statements about the company's sagging China operations on Monday, sparking a sharp rebound the company's stock. On his Twitter feed around midday, Musk said that he was "very optimistic about Tesla's long-term future in China,...

  • DETROIT, March 30- Elon Musk, the widely followed chief executive of electric car maker Tesla Motors Inc, tweeted several optimistic statements about the company's sagging China operations on Monday, sparking a sharp rebound the company's stock. On his Twitter feed around midday on Monday, Musk said that he was "very optimistic about Tesla's long-term future in...

  • Volvo Cars plans to open its first US plant Monday, 30 Mar 2015 | 12:58 PM ET

    The $500 million plant will be Volvo's first car plant in North America. Volvo has been owned by Chinese automaker Geely Holding since 2010. It currently has two plants in Europe and two in China. Volvo CEO Hakan Samuelsson said the decision to open a U.S. plant highlights Volvo's long-term commitment to the U.S. market.

  • GM ignition switch death toll rises to 77 Monday, 30 Mar 2015 | 11:24 AM ET

    DETROIT— Families of at least 77 people killed in crashes caused by defective General Motors ignition switches will get compensation from the company. Attorney Kenneth Feinberg, who was hired by GM to compensate victims, updated the total Monday. The fund received a total of 4,342 claims by the Jan. 31 deadline.

  • Toyota cuts price of automatic braking safety devices Monday, 30 Mar 2015 | 10:03 AM ET

    DETROIT— Those pricey high-tech systems that automatically stop or slow your car if it's about to run into something are getting a lot cheaper. Toyota says it will offer lower-cost versions of the safety features in new Lexus and Toyota SUVs that it's introducing this week at the New York auto show, and the cheaper devices will spread across most of the company's...

  • Ford Motor Co. said Monday that the Lincoln Continental is coming back after a 13- year hiatus. A concept version of the full-size Continental will be shown at the New York auto show this week. Lincoln, Ford's luxury division, was founded in 1917 by Henry Leland, the former manager of General Motors Co.' s Cadillac division.