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  • OMAHA, Neb.— The crowd at this year's Berkshire Hathaway annual meeting is likely to top 40,000 as the company marks 50 years of Warren Buffett's leadership. Berkshire investors routinely fill Omaha's downtown arena and overflow rooms at the conference center and a hotel across the street for the meeting. Not long before the arena doors open at 7 a.m. on May 2, a...

  • HIGHLIGHTS-Warren Buffett's letter to investors Saturday, 28 Feb 2015 | 12:27 PM ET

    NEW YORK, Feb 28- Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday, written with his usual mix of business facts, common-sense advice and showmanship. On lodging for the May 2 annual meeting in Omaha:. Airbnb's services may be especially helpful to shareholders who expect to spend only a single night in Omaha and are aware...

  • ATLANTA— Georgia lawmakers may eliminate a tax break for airlines buying jet fuel at the world's busiest airport, setting up a face-off with one of the state's largest employers, Atlanta- based Delta Airlines. Earl Ehrhart would remove the break for all airlines, updating his original proposal to end only Delta's. Ehrhart still bristled this week at the...

  • SAO PAULO, Feb 27- Striking truckers lifted their blockade of dozens of highways in Brazil after police began fining and arresting protesters, though strike organizers said they had no plans to end their stoppage now in its 10th day. Brazil is the world's No. 2 soy producer and a top global supplier. Silos at Paranagua, Brazil's second-largest soy export port, now...

  • PHI Inc. posts 4Q profit Friday, 27 Feb 2015 | 3:43 PM ET

    LAFAYETTE, La. _ PHI Inc. on Friday reported fourth-quarter net income of $7.4 million. PHI Inc. shares have dropped 4 percent since the beginning of the year. Keywords: PHI Inc., Earnings Report.

  • Chris Christie made headlines on the state's beleaguered Transportation Trust Fund this week by not mentioning it in his 25- minute budget address, drawing the ire of many interest groups pushing for a long-term fix to the fund. Tom Bracken, president of the New Jersey Chamber of Commerce and chairman of a group of business and labor leaders pushing for a kind of...

  • *Kenya to remain "active" in debt market after Eurobond. NAIROBI, March 2- Kenya's drive to improve rail, roads and power plants will help spur economic growth to 6.9 percent in 2015 and 7 percent in coming years, its finance minister said. As well as infrastructure development, Kenya's economy would benefit from the drop in global oil prices, which would spur the...

  • SAO PAULO, Feb 27- Striking truckers lifted their blockade of dozens of highways in Brazil after police began fining and arresting protesters, though strike organizers said they had no plans to end their stoppage now in its 10th day. Brazil is the world's No. 2 soy producer and a top global supplier. Silos at Paranagua, the second-largest soy export port in Brazil,...

  • Seaboard posts 4Q profit Friday, 27 Feb 2015 | 5:13 AM ET

    SHAWNEE MISSION, Kan. _ Seaboard Corp. on Thursday reported fourth-quarter net income of $118.7 million. The Shawnee Mission, Kansas- based company said it had profit of $101.39 per share. For the year, the company reported profit of $365.3 million, or $309.96 per share.

  • On Feb. 5, the Transportation Department sent the White House draft rules that would require oil trains to use stronger tank cars and make other safety improvements. The most serious killed 47 people and destroyed the town center of Lac Megantic in Quebec, Canada, just across the border from Maine, in 2013.. But among them are a stronger tank car design that includes...

  • Feb 26- A push by three U.S. airlines to curb competition from Gulf state carriers has exposed divisions over free trade with other powerful U.S. aviation players including Boeing Co and FedEx Corp, potentially complicating the airlines' campaign for Obama administration support. Delta Air Lines Inc, United and American Airlines have asked the White House to...

  • Air Methods beats Street 4Q forecasts Thursday, 26 Feb 2015 | 4:48 PM ET

    ENGLEWOOD, Colo. _ Air Methods Corp. on Thursday reported fourth-quarter net income of $21.5 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share. Air Methods shares have risen almost 4 percent since the beginning of the year.

  • WASHINGTON, Feb 26- A measure that would offer financial incentives for auto industry employees to expose safety defects won unanimous backing from a U.S. Senate panel on Thursday. The vote by 13 Republican and Democratic members of the Senate Commerce, Science and Transportation Committee sends the legislation, which would allow whistleblowers to share in...

  • WASHINGTON, Feb 26- A measure that would offer financial incentives for auto industry employees to expose safety defects won unanimous backing from a U.S. Senate panel on Thursday. The vote by 13 Republican and Democratic members of the Senate Commerce, Science and Transportation Committee sends legislation to the floor of the Senate that would allow...

  • Brazil's government told truckers and transport companies late on Wednesday it would extend a year of free financing for vehicles from a state development bank and help truckers and transport companies work out a framework for setting freight rates. Although the flow of trucks was normal in Brazil's richest state of Sao Paulo, which guaranteed normal...

  • TRENTON, N.J.— New Jersey drivers bracing for an increase in the state's gas tax might have gotten a reprieve until 2016.. Chris Christie says the state's transportation trust fund has enough cash to run through June 2016, not June 2015 as many lawmakers and outside interest groups have been saying. State Treasurer Andrew Sidamon-Eristoff explained the date...

  • BOSTON— The head of the French company that operates Massachusetts' commuter rail system apologized for the breakdowns and delays that have plagued the system after a series of storms dumped more than 7 feet of snow on the region and vowed that full service would be restored— but not until the end of next month. Keolis International CEO Bernard Tabary said a plan...

  • PHILADELPHIA— About 500 passengers are stranded without power or heat after overhead electrical wires fell on their suburban Philadelphia commuter train. A SEPTA spokeswoman says the Warminster Line train became disabled around 8:12 a.m. Thursday just south of the Roslyn station, about 12 miles north of Philadelphia. Redfern says the agency is...

  • US travel company begins booking flights to Cuba Thursday, 26 Feb 2015 | 8:57 AM ET
    A young woman talks on her mobile phone as she walks past a mural depicting Cuban revolutionary leaders January 24, 2015 in Havana, Cuba.

    CheapAir.com on Thursday started providing customers with a simple way to book a trip to Cuba online.

  • SAO PAULO— The government and truck drivers unions have reached an agreement meant to end the weeklong protests by Brazilian truckers, but many drivers continued to block roads on Thursday, causing shortages of gasoline and other products. The Transportation Ministry said the government agreed Wednesday night to avoid fuel price increases for at least six...