At the annual meeting of Berkshire Hathaway this weekend, Warren Buffett is expected to say he doesn’t condone the conduct of David Sokol, one of his former top lieutenants, in purchasing stock in a company that Berkshire eventually bid for.
The Obama administration on Thursday asked food makers that market to children to sharply limit advertising of foods high in sodium, saturated fat and added sugars, in an effort to curb obesity.
The U.S. dollar fell Thursday to its lowest point since the summer of 2008, but officials aren’t showing signs that they are alarmed by the currency’s descent or acting to stem it.
The U.S. economy hit the brakes in the first three months of 2011, but most economists see it as a passing phase caused by a combination of bad weather and surging prices.
The European Commission is prepared to bring a World Trade Organization case against China over its export credit policies, provided a European Union company lodges a justified complaint with the commission.