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18 minutes ago // Reuters

business Herbalife cuts pay of CEO Johnson 36 percent after missed targets

BOSTON Reuters - Herbalife Ltd cut the pay of Chief Executive Michael Johnson 36 percent for 2014 after the nutrition and weight loss company failed to meet performance goals set for him and other top executives, according to a securities filing on Friday.

25 minutes ago // USA Today

business Warren Buffett's letter to shareholders optimistic on 2015

The Oracle of Omaha reports a $18.3B gain for 2014 and pooh-poohs the 'preachers of pessimism.'

30 minutes ago // USA Today

business Photo tips from a pro who's shot with the best

Learn what it takes to be a pro in today's market.

51 minutes ago // USA Today

business 3 of the worst ways to spend your tax refund

Here are some of the most ridiculous things Americans have done with their refunds.

52 minutes ago // The New York Times

business HistorySource: L.B.J. and Truman: The Bond That Helped Forge Medicare

Lyndon Johnson admired Harry Truman and identified with his political career, his treatment by historians and his relationship with the public.

54 minutes ago // The Telegraph

business Colombia: from failed state to Latin American powerhouse

In the shadow of a violent and drug-fuelled past, business confidence is growing in Colombia, a country that has been transformed over the past decade

56 minutes ago // Boston Herald

business Buffett recommends investing in stocks but avoiding mistakes

OMAHA, Neb. Billionaire Warren Buffett says owning stocks is the key to building wealth over time, but investors must avoid the common mistakes of trading too often and paying high investment fees.The billionaire investor says there's every reason to expect stocks to perform well long-term, even if prices are volatile.Buffett says his Berkshire Hathaway Inc. conglomerate benefited over the past 50 years from the S&P 500's growth from 84 to 2,059.

57 minutes ago // Boston Herald

business Berkshire Hathaway's 4Q profit declines 17 percent

OMAHA, Neb. Berkshire Hathaway Inc.'s fourth quarter profit slid 17 percent because of declines in the paper value of its investments and derivative contracts.Warren Buffett's company released its latest results Saturday along with his letter to shareholders.Berkshire's quarterly net income declined to $4.16 billion, or $2,529 per Class A share, on $48.3 billion revenue. That's down from $4.99 billion, or $3.035 per share, on $47 billion revenue last year.

1 hour ago // Reuters

business Warren Buffett says Berkshire has 'right person' as heir

NEW YORK Reuters - Warren Buffett told investors on Saturday that Berkshire Hathaway Inc had found his successor, giving more details than ever about the heir to the company he has run for 50 years.

1 hour ago // Boston Herald

business Buffett recommends investing in stocks but avoiding mistakes

OMAHA, Neb. Billionaire Warren Buffett says owning stocks is the key to building wealth over time, but investors must avoid the common mistakes of trading too often and paying high investment fees.The billionaire investor says there's every reason to expect stocks to perform well long-term, even if prices are volatile.Buffett says his Berkshire Hathaway Inc. conglomerate benefited over the past 50 years from the S&P 500's growth from 84 to 2,059.

1 hour ago // ABC

business Berkshire Hathaway's 4Q Profit Declines 17 Percent

Buffett's firm reports 17 percent fall in 4Q earnings because of drop in value of investments

1 hour ago // The Telegraph

business Humiliated Greece eyes Byzantine pivot as crisis deepens

Neither side holds the upper hand in the strategic game of chicken which could still see Greece dumped out of the euro

1 hour ago // The Telegraph

business Humiliated Greece eyes Byzantine pivot as crisis deepens

Neither side holds upper hand in game of chicken which could still see Greece dumped out of the euro

1 hour ago // Boston Herald

business Berkshire Hathaway's 4Q profit declines 17 percent

OMAHA, Neb. Berkshire Hathaway Inc.'s fourth quarter profit slid 17 percent because of declines in the paper value of its investments and derivative contracts.Warren Buffett's company released its latest results Saturday along with his letter to shareholders.Berkshire's quarterly net income declined to $4.16 billion, or $2,529 per Class A share, on $48.3 billion revenue. That's down from $4.99 billion, or $3.035 per share, on $47 billion revenue last year.

1 hour ago // The Washington Post

business Wonkblog: If you thought the llama and dress memes were silly, this will make you feel worse

On Thursday and Friday, the Internet went gaga, first over a pair of llamas loose in Arizona, then over a dress that appeared either white-and-gold or black-and-blue depending on who was looking at it. Here at Wonkblog, we enjoyed the opportunity to shed some light on both memes, with stories on where llamas live and why there are so many in the United States, as well as a piece on the optical illusions that show color is in the eye of the beholder.

1 hour ago // The Washington Post

business Wonkblog: The 8 things millennials want and dont want show how different they really are from their parents

Goldman Sachs released a fascinating series of charts this week about Millennials, the generation born between 1980 and 2000. A group totaling 92 million Americans, Millennials differ from Generation Xers and Baby Boomers in many ways including when they plan to get married, their financial situation and how they consume media. It's worth reading through the entire series of graphics it's long but here we select eight highlights: the things Millennials want and the things they don't

1 hour ago // The Telegraph

business Warren Buffett: 'We have the right person to succeed me'

The so-called "Sage of Omaha" has said that Berkshire Hathaway has "a successor ready to assume the job the day after I die or step down"

1 hour ago // USA Today

business Powell: Taming retiree health care

Health care is the only part of your household expenditures that increases with age.

1 hour ago // The Times of India

business Govt announces new IIT, IIMs

The government on Saturday announced the setting up of an IIT in Karnataka along with IIMs in Jammu & Kashmir and Andhra Pradesh.

1 hour ago // Reuters

business Warren Buffett says Berkshire has 'right person' as heir

NEW YORK Reuters - Warren Buffett told investors on Saturday that Berkshire Hathaway Inc , which he has run for 50 years, has found his successor, giving more details than he ever has about the selection.

1 hour ago // Reuters

business UPDATE 1-Warren Buffett says Berkshire has "right person" as heir

NEW YORK, Feb 28 Reuters - Warren Buffett told investors on Saturday that Berkshire Hathaway Inc, which he has run for 50 years, has found his successor, giving more details than he ever has about the selection.

2 hours ago // Reuters

business Berkshire Hathaway net falls, operating profit rises

Reuters - Warren Buffett's Berkshire Hathaway Inc on Saturday said fourth-quarter profit declined 17 percent as investment gains declined, but operating results improved.

2 hours ago // CNN

business Warren Buffett knows who next Berkshire CEO is

Berkshire Hathaway CEO Warren Buffett released his 50th annual letter to shareholders. The Oracle of Omaha thinks the next 50 years will be great and knows who will replace him.

2 hours ago // Reuters

business UPDATE 1-Berkshire Hathaway net falls, operating profit rises

Q4 net income falls to $4.16 bln or $2,529 per Class A share

2 hours ago // The Times of India

business Jaitley pleasing just the corporates: Chidambaram

Accusing finance ministerArunJaitleyof pleasing just thecorporatesand the income-tax payers, his predecessor

2 hours ago // Reuters

business Warren Buffett says Berkshire has 'right person' as heir

NEW YORK Reuters - Warren Buffett, in his 50th anniversary letter to shareholders, said on Saturday that Berkshire Hathaway had finally chosen the right person to succeed him.

2 hours ago // The New York Times

business China Cuts Interest Rates to Stimulate Slowing Economy

Chinas central bank made the announcement on its website, saying that the one-year bank lending rate would drop 0.25 percentage point to 5.35 percent.

2 hours ago // The Times of India

business 13% hike in allocation for higher education

Giving a boost to higher learning and with the promise of providing one major central institute in each state, the government on Satur

2 hours ago // Reuters

business Warren Buffett says Berkshire has "right person" as heir

NEW YORK, Feb 28 Reuters - Warren Buffett, in his 50th anniversary letter to shareholders, said on Saturday that Berkshire Hathaway had finally chosen the right person to succeed him.

2 hours ago // Reuters

business Whole Foods pushes annual meeting to September after SEC move

BOSTON, Feb 28 Reuters - Grocer Whole Foods Market Inc rescheduled its annual investor meeting to September 15 after regulators withdrew support for its plan to skip a shareholder resolution.

2 hours ago // USA Today

business America's 50 coldest cities

None of the top 50 coldest cities are strangers to snow, with one-third historically receiving more than four feet.

2 hours ago // The Times of India

business Petrol prices hiked by Rs 3.18 per litre, diesel by Rs 3.09

Petrol price was hiked by Rs 3.18 per litre on Saturday, the third increase this year, and diesel by Rs 3.09 per litre.

2 hours ago // Wall Street Journal

business Berkshire Hathaway Posts Lower Profits

Warren Buffetts Berkshire Hathaway posted lower earnings for the fourth quarter amid investment derivative gains of $192 million.

2 hours ago // The Times of India

business Jaitley announces initial allocation of Rs 34,699 crore for MGNREGS

Putting to rest doubts about the continuation of the Mahatma Gandhi National

2 hours ago // Reuters

business Berkshire Hathaway net falls, operating profit rises

Reuters - Warren Buffett's Berkshire Hathaway Inc on Saturday said profit declined 17 percent in the fourth quarter from a year earlier, reflecting lower investment gains, though operating results improved.

2 hours ago // The Washington Post

business Wonkblog: Why dessert is disappearing from Americas dinner tables

If you eat dessert at home, after dinner, you're not alone. But soon you might be.Only 12 percent of dinners eaten at home in the United States ended with something sweet last year, the lowest reading in more than 30 years, according to data from market research firm NPD group. Just10 years ago, in 2004, 15 percent of families indulged after the main course. And 28 years ago, in 1986, the number was nearly 25 percent.