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Latest Business News Archives for May 6, 2006

Buffett tries to reassure the faithful
May 6 2006 8:34PM (CT)
OMAHA, Neb. (AP) - Billionaire Warren Buffett tried to reassure thousands of his faithful followers on Saturday that the eventual transition to a new chief executive for Berkshire Hathaway Inc. will go smoothly, yet he offered few details about his chosen successor.
 
Poll: More drivers feel pinch at the pump
May 6 2006 5:33PM (CT)
WASHINGTON (AP) - High pump prices are pinching the pocketbooks of seven in 10 Americans, a financial hardship that more middle- and higher-income drivers say they are beginning to feel, an AP-Ipsos poll found.
 
Hawaii gas cap running on fumes
May 6 2006 12:52AM (CT)
HONOLULU (AP) - Gas prices keep going up everywhere, and Hawaii's unique attempt to control them is running on fumes.
 
Berkshire Hathaway buys stake in Iscar
May 6 2006 12:50AM (CT)
OMAHA, Neb. (AP) - Rather than wait for Saturday's annual meeting, Warren Buffett's Berkshire Hathaway Inc. announced a multibillion-dollar acquisition Friday.
 
Berkshire Hathaway 1Q earnings up 70 pct.
May 6 2006 12:49AM (CT)
OMAHA, Neb. (AP) - Berkshire Hathaway Inc., billionaire Warren Buffett's investment vehicle, reported a 70 percent jump in first-quarter earnings on strong performance from its investments and insurance businesses.
 
   

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