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Business - Buffett copycats risk a pounding as Berkshire portfolio suffers

By Luciana Lopez NEW YORK (Reuters) - It`s not been a good time for Warren Buffett wannabes. 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. In particular, Berkshire`s been stung by large holdings in IBM and long-time Buffett favorite Coca-Cola, both of which tumbled after disappointing third-quarter results. ...

Thursday, October 23, 2014  06:33


World - Lawyers for convicted Blackwater guards to appeal

WASHINGTON (AP) Lawyers for four former Blackwater security guards convicted in the 2007 shootings of more than 30 Iraqis in Baghdad plan to appeal, they said. The convictions stemmed from an incident that inflamed anti-American sentiment around the globe and was denounced by critics as an illustration of a war gone horribly wrong.

Thursday, October 23, 2014  05:57


Europe - Man behind Kendall, Rihanna`s style

He count`s Kim Kardashian, Kendall and Rihanna among his `Balmain army` and he`s not even 30 yet. Meet Olivier Rousteing, the fashion prodigy who merges hip hop with couture.

Thursday, October 23, 2014  03:50


World - Hyundai Motor`s 3Q profit falls 28 percent

SEOUL, South Korea (AP) Hyundai Motor Co. says profit sank nearly 30 percent for the July-September quarter, hurt by a stronger South Korean currency.

Thursday, October 23, 2014  07:09


World - Zuckerberg speaks Chinese, Beijing students cheer

BEIJING (AP) China may ban Facebook, but not its co-founder Mark Zuckerberg, and he entertained an audience of students in Beijing with a 30-minute chat in his recently learned Mandarin Chinese.

Thursday, October 23, 2014  07:09


NBA - Anthony scores 30 as Knicks beat Wizards

Anthony scores 30 as Knicks rally to beat Wizards 103-100

Thursday, October 23, 2014  03:50


Business - Apple dumps SSL 3.0 for push notifications due to POODLE flaw

Apple to switch to the TLS encryption standard after disclosure of vulnerability that could expose encrypted data.>

Thursday, October 23, 2014  05:21


Top Stories - Special report: America`s perpetual state of emergency

Obama has declared or extended 30 states of national emergency, giving him broader powers.

Thursday, October 23, 2014  00:11


World - Al-Qaeda kills 30 Shi`ite rebels in central Yemen: tribal sources

SANAA (Reuters) - Sunni Al Qaeda militants and Shi`ite Muslim rebels have fought a bloody battle in central Yemen, tribal sources said on Wednesday, amid fears of worsening sectarian tension in the impoverished Arabian country. Thirty Shi`ite rebels and 18 Sunni fighters and their tribal allies were killed in the clashes, the tribal sources told Reuters. Shi`ite Houthi rebels seized control of the capital Sanaa on Sept. 21 and their forces have fanned out to Yemen`s west and center since then. ...

Wednesday, October 22, 2014  15:56


NBA - Projecting 2014-15 records for all 30 NBA teams

Tuesday, October 21, 2014  20:15

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