Berkshire Hathaway settles antitrust lawsuit - Tucson News Now

Berkshire Hathaway settles antitrust lawsuit

Berkshire Hathaway will pay a settlement in an antitrust lawsuit. (Source: CNN) Berkshire Hathaway will pay a settlement in an antitrust lawsuit. (Source: CNN)
  • National PoliticsMore>>

  • Pentagon probes former Trump aide Flynn's foreign payments

    Pentagon probes former Trump aide Flynn's foreign payments

    Thursday, April 27 2017 2:49 PM EDT2017-04-27 18:49:33 GMT
    Thursday, April 27 2017 2:49 PM EDT2017-04-27 18:49:33 GMT

    Documents released by lawmakers show President Donald Trump's former national security adviser, Michael Flynn, was warned when he retired in 2014 not to take foreign money without "advance approval" by Pentagon...

    Documents released by lawmakers show President Donald Trump's former national security adviser, Michael Flynn, was warned when he retired in 2014 not to take foreign money without "advance approval" by Pentagon authorities.

  • Trump to sign order creating accountability office at VA

    Trump to sign order creating accountability office at VA

    Thursday, April 27 2017 2:49 PM EDT2017-04-27 18:49:29 GMT
    Thursday, April 27 2017 2:49 PM EDT2017-04-27 18:49:29 GMT
    President Donald Trump is signing an executive order to create an accountability and whistleblower protection office at the Department of Veterans Affairs.
    President Donald Trump is signing an executive order to create an accountability and whistleblower protection office at the Department of Veterans Affairs.
  • In tweetstorm, Trump takes aim at Democrats on spending bill

    In tweetstorm, Trump takes aim at Democrats on spending bill

    Thursday, April 27 2017 2:49 PM EDT2017-04-27 18:49:26 GMT
    Thursday, April 27 2017 2:49 PM EDT2017-04-27 18:49:26 GMT

    Lawmakers and the White House are nearing agreement on a $1 trillion spending bill days ahead of a government shutdown deadline - and President Trump's 100th day in office.

    Lawmakers and the White House are nearing agreement on a $1 trillion spending bill days ahead of a government shutdown deadline - and President Trump's 100th day in office.

(CNN) – Warren Buffet admits his firm made a mistake and will pay a nearly $900,000 settlement to the federal government.

Berkshire Hathaway acknowledged it should have told regulators about plans to acquire a building supply company last December.

The Justice Department filed a lawsuit saying the firm needed to disclose the deal with USG Corporation to allow for an antitrust review Berkshire Hathaway is now the largest owner of the company and holds a 28 percent stake.

A judge still has to sign off the settlement.

Copyright 2014 CNN. All rights reserved.

Powered by Frankly