Buffett's firm reports 17 percent fall in 4Q earnings because of drop in value of investments
OMAHA, Neb. (AP) -- Berkshire Hathaway Inc. said Saturday that its fourth quarter profit slid 17 percent because of declines in the paper value of its investments and derivative contracts....

China's central bank cuts interest rates again amid stagnant economy to boost growth
BEIJING (AP) -- China's central bank cut interest rates for the second time in three months Saturday, adding to signs the country's leaders are worried the economic slowdown is deepening too sharply....

Puerto Rico's state-owned power company seeks to delay completion of debt restructuring plan
SAN JUAN, Puerto Rico (AP) -- Puerto Rico's heavily indebted public power company is asking creditors for more time to present its restructuring plan....

Why the US economy will be fine in 2015, even though growth slowed in the fourth quarter
WASHINGTON (AP) -- The U.S. economy grew at a modest annual rate of 2.2 percent in the fourth quarter, less than half the third quarter's torrid 5 percent rate and weaker than the government first reported....

J.C. Penney, Weight Watchers, Infoblox, Monster Beverage and Gap are big market movers
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:...

Volkswagen sees profit rise but issues cautious outlook for 2015, citing Latin America, Russia
FRANKFURT, Germany (AP) -- German automaker Volkswagen says net profit rose 20 percent last year to 10.8 billion euros ($12.1 billion), but offered a cautious outlook for this year....

US economy grew at moderate 2.2 percent in fourth quarter, weaker than initial estimate
WASHINGTON (AP) -- The U.S. economy slowed more sharply in the final three months of the year than initial estimates, reflecting weaker business stockpiling and a bigger trade deficit....

Lloyds Banking Group to pay dividend for first time since being bailed out in financial crisis
LONDON (AP) -- London-based Lloyds Banking Group passed a milestone Friday in its recovery from the financial crisis, reporting an annual profit and announcing plans to pay a dividend for the first time since it was rescued by British taxpayers....

Government report says India's economy to grow over 8 percent, poised for "big bang" reforms
NEW DELHI (AP) -- A government report says India's economy will grow more than 8 percent in the upcoming financial year and appears to have shaken off its persistent problems of high inflation, rising budget deficits and poor domestic demand....

Japan economic data signal slow recovery despite boost from lower oil prices
TOKYO (AP) -- Japanese factories churned out more machinery and electronic devices in January as export shipments rose, but lower energy costs due to cheaper crude oil failed to provide a boost to consumer spending....

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