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BerkshireHathaway-022318.jpg In his annual letter to Berkshire Hathaway Inc.'s shareholders on Saturday, the company's chief executive officer and billionaire investor, Warren Buffett, announced that the company's profit for the year 2017 surged, boosted by $29.1 billion gain related to tax cuts. Berkshire's gain in net worth during 2017 was $65.3 billion, of which $36 billion coming from company's operations.

wallstreet2-103112_23Feb18.jpg After initially moving higher, stocks saw further upside over the course of the trading session on Friday. The major averages showed a significant advance after ending the previous session on opposite sides of the unchanged line.

Trump4-022418.jpg Former Trump campaign aide Rick Gates on Friday pleaded guilty to conspiracy to defraud the United States and making false statements. The charges were filed by Special Counsel Robert Mueller but are unrelated to the investigation of Russian meddling in the 2016 presidential election.

StevenMnuchin-022318.jpg In an effort to further isolate the North Korean regime and advance the U.S. maximum pressure campaign, the Treasury Department imposed sweeping new sanctions on the reclusive communist nation on Friday. The Treasury Department claimed the measures targeting one individual, 27 entities, and 28 vessels...

wallstreet-112814_23Feb18.jpg Stocks are notably higher in mid-day trading on Friday after showing an early move to the upside. The strength on the day comes on the heels of the mixed performance that was seen in the previous session.

RobertSMueller-022318.jpg Special Counsel Robert Mueller has filed several new charges against former Trump campaign officials Paul Manafort and Rick Gates. The 32-count indictment returned by a federal grand jury in Virginia on Thursday accuses Manafort and Gates of tax evasion and bank fraud.

MiMedx-022218.jpg MiMedx Group Inc. (MDXG), a tissue-graft developer, reportedly has not disclosed its financial dealings with doctors, which is required by the law. According to WSJ, MiMedx has financial ties with over 20 doctors, however, the company has not reported these payments to the government under a 2013...

wallstreet4-103112_23Feb18.jpg After an early move to the upside, stocks remain mostly positive in morning trading on Friday. The major averages have all climbed into positive territory after ending the previous session on opposite sides of the unchanged line.

blackrock-022318.jpg BlackRock Inc., the world's largest asset manager, said it plans to speak with gun makers and distributors following public outcry after the Florida high school shooting that killed 17 people. BlackRock, which had $6.3 trillion in assets under management as of December 31, 2017, holds shares in gun makers Sturm Ruger & Co. Inc. as well as American Outdoor Brands Corp.

Southwest-Boarding-022218.jpg An upgraded boarding in Southwest Airline will cost you more. The airline usually not assign seats to passengers, but one can choose from an open seat. The Upgraded Boarding will allow passengers to choose from A1 - A15 boarding positions. The cost for these positions would be $30, $40 and $50, depending on flight and route. This option can be availed from the ticket counter or gate.

HoustonGunShow-022318.jpg Following the deadly school shooting in Florida earlier this month, a new CBS News poll found that nearly two-thirds of Americans support stricter laws on gun sales. Sixty-five percent of Americans think laws covering the sale of guns should be made stricter.

Trump-Videogames-022318.jpg In a meeting convened in the wake of an expelled teenager killing 17 people at a South Florida high school shooting, President Donald Trump expressed concern if the violence in video games and films watched by younger people influence their mindset in a dangerous line. The White House meeting on School Safety was held a day after the President met with survivors of Parkland shooting, and the famil

Citigroup-Peter-Tague-022318.jpg Citigroup Inc.'s co-head of mergers and acquisitions, Peter Tague, is leaving the company, according to media reports, citing people familiar with the matter. Tague has been co-head of Global M&A business at Citigroup since March 2012, alongside Cary Kochman and Mark Shafir. It was not immediately clear what Tague intends to do after he leaves Citigroup.

Turkey-Crypto-022318.jpg Turkey is also planning to launch a state-backed cryptocurrency to be named "Turkcoin" as several central banks make moves to launch a state-backed digital currency, according to a report by Al-Monitor. The report said Ahmet Kenan Tanrikulu, Deputy Chairman of the Nationalist Movement Party, has drafted a detailed proposal for a state-controlled release of a "national bitcoin" called "Turkcoin."

CaliforniaStateAssemby-Blockchain-022318.jpg A bill to amend California's electronic records law, aimed at recognizing blockchain transactions, digital signatures, and smart contracts as legal forms of record, has been introduced in the State Assembly. Assembly Bill 2658, titled "Electronic records: the Uniform Electronic Transactions Act: blockchain technology," was introduced by Majority Leader Ian Calderon.

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