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Business News
Berkshire Hathaway's 1Q profit up 8 percent on paper gain
OMAHA, Neb. (AP) -- Berkshire Hathaway's first-quarter profit grew 8 percent largely because of the way it had to account for its Duracell acquisition on paper, but profits fell at its BNSF railroad and at its insurance units....
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Regulators close small Tennessee bank
NEW YORK (AP) -- Regulators are closing a small Tennessee bank, marking the second failure of a federally insured bank this year....
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Business Highlights
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US places 5 countries on trade monitoring list
WASHINGTON (AP) -- The Treasury Department has placed five countries - China, Japan, Germany, South Korea and Taiwan - on a new monitoring list designed to pressure foreign governments to tackle large trade imbalances with the United States....
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Exxon sees smallest profit in 16 years, Chevron posts loss
DALLAS (AP) -- Motorists are saving billions on cheaper gasoline, but the long slump in oil prices is taking a heavy toll on companies that find and produce crude....
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