Warren Buffett's Berkshire Hathaway More Than Doubles Stake in Apple

Warren Buffett said his Berkshire Hathaway more than doubled its stake in Apple since the start of the new year, making the Silicon Valley giant one of Berkshire's biggest equity holdings.

 
AT&T Lowers Price of Unlimited Data Plans

AT&T lowered the price of its unlimited data plans less than two weeks after opening them up to all subscribers, and said it would give added discounts to customers who pay for one of its television services.

 
Facing Criticism, Drug Makers Keep Lid On Price Increases

Pharmaceutical companies held most of their traditional January list-price increases to under 10% this year, although the median boost was little-changed from 2016. Among the critics they face now is President Trump.

 
United Bolsters Its Domestic Routes to Woo More Customers

In a bid to win more customers, United Continental is beefing up its domestic route map while also mimicking a cheap-tickets pricing strategy long pursued by budget airlines.

 
Sotheby's Tops Views on Strong Sales

Auction house Sotheby's delivered top and bottom line beats for the fourth quarter as sales came in stronger than expected.

 
American Tower Income Sags on Tax Pressure

American Tower Corp. said Monday that income slipped slightly in its latest quarter amid pressure from taxes though revenue jumped some 20%.

 
London Stock Exchange Merger With Deutsche Börse at Risk

The planned megamerger between Deutsche Börse and London Stock Exchange to create Europe's largest exchange is at risk after the LSE said it wouldn't sell its majority-owned fixed-income trading platform in Italy to appease antitrust concerns.

 
GE Chief: Globalization Isn't Over, It Is the End of the 'Global Elite'

In his annual letter to investors, General Electric Chief Executive Jeff Immelt said the conglomerate's transformation over the past decade has enabled it to profit from increasingly important markets for its jet engines and power turbines.

 
U.S., China Logistics Giant GLP Narrows List of Bidders

Global Logistic Properties, a $9.5 billion backbone of the warehousing industry in the U.S. and China, said it has narrowed down the bidders for a potential buyout.

 
Supersmart Robots Will Outnumber Humans Within 30 Years, Says SoftBank CEO

Within three decades, artificial intelligence will be smarter than the human brain, supersmart robots will outnumber humans and more than a trillion objects will be connected to the internet, says the CEO of SoftBank.

(END) Dow Jones Newswires

February 27, 2017 09:15 ET (14:15 GMT)

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