Berkshire Hathaway's 4Q profit declines 17 percent

OMAHA, Neb. — Berkshire Hathaway Inc. said Saturday that its fourth quarter profit slid 17 percent because of declines in the paper value of its investments and derivative contracts. Berkshire's quarterly profit declined to $4.16 billion, or $2,529...

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The Ticker

Rosie's Bakery closes all shops Rosie's Bakery, an Inman Square, Cambridge, institution for 38 years, with other locations including Chestnut Hill and South Station, closed its doors yesterday, saying in a notice posted on its doors that the supplier...

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Loan fund OK’d for small biz hurt by storms

The Massachusetts Growth Capital Corp. has approved a $1 million loan fund for small businesses coping with lost revenue from this year's barrage of snowstorms. The quasi-state agency will lend qualifying Massachusetts businesses $5,000 to $10,000 each,...

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Hyundai recalls 263,000 cars due to power-steering problem

NEW YORK — Hyundai is recalling about 263,000 cars in the U.S. and Canada because a sensor problem could cause drivers to lose power-assisted steering. The company has not reported any injuries or accidents. A representative for Hyundai Motor America...

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Annual report offers new clues about Buffett's successor

OMAHA, Neb. — Billionaire Warren Buffett is proud of what he's built as Berkshire Hathaway's CEO over the past 50 years, but he's also willing to admit making a few costly mistakes along the way. Buffett used his annual shareholder letter released Saturday...

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BookBub reads E-buyers well

Every day, more than 5 million people in three countries get an email about discounted e-books from Boston-based startup BookBub — emails that drove more than 10 million ebook sales last year. "They're the biggest success story that no one knows about,"...

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Cape Wind proponents take to Common, vow to continue fight

Proponents of the Cape Wind project are powering full-speed ahead to try to bring the proposed wind farm to fruition, despite the termination of power contracts last month that effectively sounded the project's death knell. "We are not giving up — we...

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Germany trusts Greece to fulfill bailout terms

BERLIN — Germany's finance minister said Sunday that he trusts Greece's current government to fulfill the conditions for the bailout deal, but also made clear the country would not receive any further money if it didn't. Finance Minister Wolfgang Schaeuble...

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Astronauts take 3rd spacewalk to complete tricky cable job

CAPE CANAVERAL, Fla. — Spacewalking astronauts ventured out for the third time in just over a week Sunday to complete an extensive, tricky cable job at the International Space Station. The advance work — involving nearly 800 feet of cable over three...

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HTC, Valve to launch virtual reality headset Vive in 2015

HTC is ready to give its smartphone rival Samsung some competition in the virtual reality space, and already has lined up content from Lionsgate, HBO and Google for when its new Vive headset launches later this year. The company is developing Vive...

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