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  • Berkshire's NetJets defeats $500 million IRS tax claim Tuesday, 27 Jan 2015 | 11:08 AM ET

    NEW YORK, Jan 27- NetJets Inc, the private jet-sharing company owned by Warren Buffett's Berkshire Hathaway Inc, has defeated a U.S. Internal Revenue Service lawsuit attempting to recoup more than $500 million of unpaid taxes, penalties and interest. District Judge Edmund Sargus in Columbus, Ohio, said on Monday that the IRS was bound by guidance it gave a NetJets...

  • Much warmer weather is finally on the way Tuesday, 13 Jan 2015 | 11:10 AM ET
    Commuters try to stay warm as they wait for a train on an L platform during the early morning rush in Chicago, Jan. 7, 2015.

    After a cold spell, much of the United States can expect warm weather in the days ahead, NBC News reports.

  • *Brent crude hovers near $51 a barrel. NEW YORK, Jan 8- U.S. stocks climbed on Thursday, a day after equities snapped a five-day losing skid, on expectations for continued acceleration in the U.S. economy and more aggressive action by the European Central Bank. There is a Fed that is going to be patient and pretty transparent on when they are going to raise rates and an...

  • CHICAGO, Dec 23- U.S. farmland rents for 2015 are on track to be down 5 to 10 percent from the top fees of a year ago due to lower grain prices, but landowners remain stubborn about deeper cuts and some are adding clauses to boost revenue if grain prices bounce back. We are still seeing 5-10 percent down from the extreme tops in the really strong markets where cash rents...

  • Pilots sue Buffett's NetJets over labor, privacy Wednesday, 3 Dec 2014 | 4:36 PM ET

    Dec 3- A group representing more than 2,700 pilots in contentious contract talks with NetJets Inc has sued the luxury aviation unit of Warren Buffett's Berkshire Hathaway Inc over alleged violations of federal labor and privacy laws. The NetJets Association of Shared Aircraft Pilots accused NetJets of impersonating a pilot on Twitter, baiting pilots to...

  • Two of the world's biggest seed makers, Syngenta AG and Dow AgroSciences, are responding with tightly controlled U.S. launches of new GMO seeds, telling farmers where they can plant new corn and soybean varieties and how can the use them. Beijing is taking longer than in the past to approve new GMO crops, and Chinese ports in November 2013 began rejecting U.S....

  • *Buffett to return $4.7 billion worth of shares to P&G. Nov 13- Berkshire Hathaway Inc has agreed to acquire Procter& Gamble Co's Duracell battery unit in a complex transaction that lets Berkshire Chairman Warren Buffett buy a business he has supported for two decades and shave his company's tax bill. The transaction announced on Thursday helps P&G Chief...

  • UPDATE 3-Buffett's Berkshire buys P&G's Duracell Thursday, 13 Nov 2014 | 12:09 PM ET

    *Buffett to return $4.7 billion worth of shares to P&G. Nov 13- Warren Buffett's Berkshire Hathaway Inc said on Thursday it would buy Procter& Gamble Co's Duracell battery unit in a stock swap, taking over a business the billionaire has supported for nearly two decades. The addition of Duracell, whose batteries are known for their copper-colored tops, gives...

  • The market is taking a breather, "said Jim Farrell, head of Omaha, Nebraska- based Farmers National, the largest U.S. farm management company. There hasn't been a high number of transactions, "said Randal Fransen, incoming president of the Illinois Society of Professional Farm Managers and Rural Appraisers. "There still isn't much land on the market," said Randy Hertz,...

  • Sharp drops in many of the stocks owned by Buffett's Berkshire Hathaway in recent weeks hit the sprawling conglomerate's equity portfolio hard. The loss on seven of those holdings alone totals more than $5 billion provided Berkshire's stakes have remained the same since June 30, the last date for which they were disclosed. Berkshire Hathaway did not respond...

  • DALLAS, Oct 20- The United States issued stringent new protocols on Monday for health workers treating Ebola victims, directing medical teams to wear protective gear that leaves no skin or hair exposed to prevent medical workers from becoming infected. The new guidelines from the U.S. Centers for Disease Control and Prevention in Atlanta come as 43 people who...

  • DALLAS, Oct 20- The United States is issuing new protocols for health workers treating Ebola patients and a rapid-response military medical team will start training even as Americans' anxiety about the spread of the virus abates with 43 people declared risk free. The government's new guidelines, which were set to come out at 7 p.m. EDT on Monday, were expected to...

  • Oct 6- After nearly a week in hospital, the first Ebola patient diagnosed in the United States began to receive an experimental therapy initially developed to treat other viral diseases, according to the Dallas hospital where he lies in critical condition. On Monday, however, a spokeswoman for Texas Health Presbyterian Hospital said Duncan began receiving a...

  • WASHINGTON/ DALLAS, Oct 6- President Barack Obama said on Monday that the government would develop expanded screening of airline passengers for Ebola, both in the West African countries hit by the disease and the United States. Authorities in the United States and the public are on alert following Duncan's diagnosis just over a week ago, raising concerns that...

  • The drug, called brincidofovir, was developed by Chimerix Inc. The patient, Liberian national Thomas Eric Duncan, remains in critical but stable condition, the Texas Health Presbyterian Hospital in Dallas said. The patients included two at Emory University Hospital in Atlanta, Georgia, with ZMapp produced by San Diego- based Mapp Biopharmaceutical and one at...

  • The Spanish nurse infected by Ebola is moved by ambulance to Carlos III Hospital from Alcorcon Hospital on October 8, 2014 in Alcorcon, Spain.

    A nurse in Spain has become the first person to contract Ebola outside of West Africa, as an NBC News freelancer arrived in Nebraska for treatment.

  • WASHINGTON/ DALLAS, Oct 6- Federal officials and airlines are discussing whether U.S. airports should screen passengers to identify people who might have Ebola, but the White House on Monday said a ban on travel from West African countries would slow the fight against the virus. "What we're looking to do is review these screening measures," White House spokesman...

  • DALLAS, Oct 6- The fifth American to contract Ebola in West Africa arrived in the United States for treatment on Monday as the first patient diagnosed with the deadly virus on U.S. soil was in critical condition at a Dallas hospital, officials said. A private plane carrying Ashoka Mukpo, a freelance cameraman for NBC News who contracted Ebola in Liberia, landed in...

  • DALLAS/ NEW YORK, Oct 6- The fifth American to contract Ebola in West Africa arrived in the United States for treatment on Monday as the first patient diagnosed with the deadly virus on U.S. soil fought for his life at a Dallas hospital, officials said. A private plane carrying Ashoka Mukpo, a freelance cameraman for NBC News who contracted Ebola in Liberia, landed in...

  • Oct 1- U.S. apartment vacancy rate rose by 10 basis points in the third quarter, while new construction accelerated to its second-highest quarterly rise since the fourth quarter of 2002, real estate research firm Reis Inc said in a report. New York remained the most expensive market in the country with effective rents registering $3,185 per month, a 47 percent...