Berkshire Hathaway makes good on plan to buy BofA shares, with paper profit of about $12 billion

Berkshire Hathaway made good on its plan to convert warrants into 700 million shares of Bank of America common stock, the bank announced on Tuesday. Warren Buffett’s conglomerate held the warrants since a deal in 2011, when he invested $5 billion in preferred...

The Justice Department is looking into whether Uber violated foreign bribery laws, report says

The Justice Department is in the early stages of examining Uber’s business for alleged violations of U.S. foreign bribery laws, unnamed sources told The Wall Street Journal in a report published on Tuesday. Uber confirmed to CNBC it is cooperating with the...