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Sometimes even Warren Buffett gets it wrong

February 26, 2012 • BusinessComments Off

FILE – In this Nov. 21, 2011 file photo, U.S. billionaire investor Warren Buffett, chairman and CEO of Berkshire Hathaway, speaks during a news conference in Iwaki city. Japan. Buffett wants Berkshire Hathaway shareholders to know that the company has someone in mind to replace him eventually, but he’s emphasizing that he has no plans [&hellip...

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BP faces billions in fines as spill trial nears

February 26, 2012 • BusinessComments Off

FILE – In this April 21, 2010 photo provided by the U.S. Coast Guard, fire boat response crews spray water on the burning remnants of BP’s Deepwater Horizon offshore oil rig. The gargantuan legal bill for the 2010 catastrophic oil spill in the...

Libya wants Turkish companies to return

February 26, 2012 • BusinessComments Off

In this photo provided by Turkish Prime Minister’s Press Service, Turkey’s Prime Minister Recep Tayyip Erdogan, right, and his Libyan counterpart Abdurrahim El-Keib pose before their meeting in Istanbul, Turkey, Saturday, Feb. 25, 2012. (AP...

New Nike shoe with outer space theme causes frenzy

February 25, 2012 • BusinessComments Off

Geoffrey Neshkes, 30, of Laurel, Md., stands outside of The Mall at Prince George’s, where he had been waiting since Weds. February 22 hoping to buy a limited edition Nike sneaker in Hyattsville, Md., on Friday, Feb. 24, 2012. (AP Photo/Jacquelyn...

Judge awards iPhone user $850 in throttling case

February 25, 2012 • BusinessComments Off

This Feb. 10, 2012 photo shows screen on a smartphone showing a text message to an AT&T customer, in New York. An AT&T subscriber heads to small claims court Friday, Feb. 24, 2012,in Simi Valley, Calif., to sue the company for slowing his...

Pa. woman: Chemicals in my water in drilling area

February 25, 2012 • BusinessComments Off

FILE – In this Thursday, Feb. 23, 2012 file photo, signs opposing the hydraulic fracturing process of drilling for gas, or “fracking” are posted at the front of the yard of Janet McIntyre ‘s Evans City, Pa. McIntyre says state...

Actress Lucy Lawless spends night in ship protest

February 25, 2012 • BusinessComments Off

In this photo provided by Greenpeace, actress Lucy Lawless, left, joins activists in stopping a Shell-contracted drillship from departing the port of Taranaki, New Zealand, Friday, Feb. 24, 2012. Lawless, a native New Zealander, best known for her title role...

Ohio man given choice of Facebook apology or jail

February 25, 2012 • BusinessComments Off

In a Tuesday, Feb. 21, 2012 photo, Mark Byron, a local photographer, holds his iPad with a photo of himself and his son, in his studio in Cincinatti, Ohio. Byron is involved in a divorce suit with his wife, Elizabeth, that has spilled over into Facebook. Due...

NJ Resorts Casino co-owner Dennis Gomes dies at 68

February 25, 2012 • BusinessComments Off

Dennis Gomes the co-owner of Resorts Casino Hotel, is seen in a July 13, 2011 photo in Atlantic City. Resorts spokeswoman Courtney Birmingham said Friday that Gomes died overnight Thursday, Feb. 23, 2012 of undetermined causes. He was 68. (AP Photo/Wayne...

Feds: Teen said 'bin Laden' in plane disruption

February 25, 2012 • BusinessComments Off

This undated photo provided by the Multnomah County Sheriff’s Office shows Yazeed Mohammed Abunayyan. Abunayyan, a Saudi Arabian teenager who police say say swung his fist at a flight attendant and praised Osama bin Laden during a flight from Portland...