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(Reuters) – Warren Buffett’s Berkshire Hathaway more than doubled its profit in the first quarter, as the conglomerate’s insurance business was spared from the devastating natural disaster losses that hit the company a year earlier.
The company also benefited from much higher gains in its derivatives portfolio, offset in part by a substantial write-down on one of its bond holdings.
The results come one day before the conglomerate’s annual shareholder meeting, a [...]
CBC News
Two Prince Edward Island men were handed fines in a Woodstock, N.B., courtroom Tuesday after contraband cigarettes, cocaine and marijuana were found in their car.
The car the men were in was stopped shortly after midnight Sunday on Highway 110 in Florenceville-Bristol.
Police seized 350 cartons of contraband tobacco and a small quantity of drugs.
Harrison Snow, 20 of Summerside pleaded guilty to possession of contraband tobacco and was fined $11,900.
Jeffrey Wagner, [...]
SWISSVALE (KDKA) — At the request of his foster parents, Swissvale Police were asked to check on a 3-year old boy, who had a four-day unsupervised visit with his biological mother.
When police went to the mother’s apartment in the 2300-block of Woodstock Avenue, the say they found the mother lying naked on the living room floor unresponsive.
Kathryn Forrest, 32, was arrested, along with her 53-year-old [...]
by Mark Levine
The 48 hours between the expected and actual resignation of Egyptian President Hosni Mubarak were a tsunami of emotion, expectation, fear and ultimately indescribable jubilation.
I arrived at Tahrir a little later than normal on Thursday, at around 4. I had spent the day trying to manoeuvre around Cairo by foot and taxi to visit various human rights organizations, to assess the situation they [...]
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