The Wall Street Journal reports, Billionaire investor Warren Buffett on Tuesday disclosed that he has prostate cancer, and indicated he will keep running his Berkshire Hathaway conglomerate as he receives treatment in the coming months. In a letter to shareholders, Mr. Buffett, disclosed he has stage 1 prostate cancer, an early form of the disease that is treatable. He said he was told by his doctors that his condition “is not remotely life-threatening or even debilitating in any meaningful way.” The statement indicated that Mr. Buffett, who has run Berkshire for nearly half a century, does not expect to step down from his dual roles, managing the conglomerate and overseeing the bulk of its investments.
The Wall Street Journal also reports, efforts to pass laws giving ordinary US citizens greater leeway to use lethal force to defend themselves, have stalled in two states, after the killing of an unarmed teenager, Trayvon Martin, in Florida. Such laws, long pushed by the National Rifle Association, were taken into account by the authorities’ decision, not to arrest George Zimmerman, the neighborhood-watch volunteer, who police say, killed Mr. Martin. Mr. Zimmerman was charged with second-degree murder last week, and he is expected to rely on the Stand Your Ground law in his defense.
Reuters reports, Nokia’s bid to challenge the dominance of Apple’s iPhone and Google’s Android, has failed to convince telecom operators in Europe, depriving it of powerful allies in its fight to regain the top spot in the mobile market. Four major telecom operators in Europe, where the phones have been on sale since before Christmas, stated that Nokia Lumia smartphones were not good enough to compete with Apple’s iPhone or Samsung’s Galaxy phones. Nokia now faces a battle for the key U.S. market, where its former dominance has shrivelled to 1 percent of the smartphone market.
Reuters also reports Apple’s results will be dissected more closely than ever next week, after a share swoon raised concerns on Wall Street, that the stock’s gravity-defying rally, may be losing steam. Five straight days of stock losses for the world’s most valuable company, sparked fears it had ventured into dreaded bubble territory and was overdue for a strong pullback.
The Wall Street Journal reports, Billionaire investor Warren Buffett on Tuesday disclosed that he has prostate cancer, and indicated he will keep running his Berkshire Hathaway conglomerate as he receives treatment in the coming months. In a letter to shareholders, Mr. Buffett, disclosed he has stage 1 prostate cancer, an early form of the disease that is treatable. He said he was told by his doctors that his condition “is not remotely life-threatening or even debilitating in any meaningful way.” The statement indicated that Mr. Buffett, who has run Berkshire for nearly half a century, does not expect to step down from his dual roles, managing the conglomerate and overseeing the bulk of its investments.
The Wall Street Journal also reports, efforts to pass laws giving ordinary US citizens greater leeway to use lethal force to defend themselves, have stalled in two states, after the killing of an unarmed teenager, Trayvon Martin, in Florida. Such laws, long pushed by the National Rifle Association, were taken into account by the authorities’ decision, not to arrest George Zimmerman, the neighborhood-watch volunteer, who police say, killed Mr. Martin. Mr. Zimmerman was charged with second-degree murder last week, and he is expected to rely on the Stand Your Ground law in his defense.
Reuters reports, Nokia’s bid to challenge the dominance of Apple’s iPhone and Google’s Android, has failed to convince telecom operators in Europe, depriving it of powerful allies in its fight to regain the top spot in the mobile market. Four major telecom operators in Europe, where the phones have been on sale since before Christmas, stated that Nokia Lumia smartphones were not good enough to compete with Apple’s iPhone or Samsung’s Galaxy phones. Nokia now faces a battle for the key U.S. market, where its former dominance has shrivelled to 1 percent of the smartphone market.
Reuters also reports Apple’s results will be dissected more closely than ever next week, after a share swoon raised concerns on Wall Street, that the stock’s gravity-defying rally, may be losing steam. Five straight days of stock losses for the world’s most valuable company, sparked fears it had ventured into dreaded bubble territory and was overdue for a strong pullback.