Berkshire Hathaway reports surge in profits including gains from Apple ascent
by Eric Platt New York | Warren Buffett's Berkshire Hathaway reported a surge in profits as its insurance business rebounded and a change in accounting rules forced the sprawling conglomerate to recognise gains on its multibillion-dollar stock portfolio. The company said net earnings attributable to its shareholders nearly tripled from a year earlier to $US12…
Transurban to talk up toll roads on Tuesday as WestConnex outcome awaited
Transurban chief executive Scott Charlton will be pressed on Tuesday to speculate on the outcome of the toll road company's bid for Sydney motorway WestConnex but is likely to remain tight-lipped amid investor concerns over rising competition and political risk in the Australian toll road market. Transurban's annual results will attract more scrutiny than usual…
Iran getting new planes from Europe before US sanctions return
Less than 48 hours before renewed US sanction go into effect, the flag carrier of Iran has said that five new planes from the French-Italian firm ATR will soon arrive in Tehran as part of efforts to replenish the country's ageing fleet. "Based on existing agreements, five new ATR aircraft will land at Mehrabad Airport…
The Oklahoma Highway Patrol says all five people on board were killed when a small passenger airplane crashed in northern Oklahoma on Saturday. The cause of the crash was not immediately known, said Federal Aviation Administration spokesman Lynn Lunsford. "A single-engine Extra EA-400 crashed under unknown circumstances ... shortly after taking off from Ponca City…
Predicting the Future All-Stars of 2018 NBA Rookie Class
0 of 6 Rick Bowmer/Associated Press Since 2000, nine draft classes have produced at least five NBA All-Stars. And 2018's could be another to crank out that many.  Three of the following players seemed like good All-Star bets out of college. They ranked top-three on Bleacher Report's Final Big Board. The others two were eye-opening…