Today's Top News Story

With $116 billion cash, Buffett says Berkshire needs 'huge' deals

NEW YORK (Reuters) - Warren Buffett on Saturday lamented his inability to find big companies to buy and said his goal is to make "one or more huge acquisitions" of non-insurance businesses to bolster results at his conglomerate Berkshire Hathaway Inc. Read More

 

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North Korea condemns U.S. sanctions as officials gather for Olympic ceremony

SEOUL (Reuters) - North Korea on Sunday accused the United States of provoking confrontation on the Korean peninsula with new sanctions, while South Korean protesters tried to block North Korean officials reaching the closing ceremony of the Winter Olympics. More »

 

Democrats' memo charges Republicans trying to undermine Russia probes

WASHINGTON (Reuters) - The Democratic minority on the U.S. House of Representatives Intelligence Committee on Saturday released a response to Republican charges that the FBI and Justice Department have abused the law in their investigation of possible ties between Russia and Donald Trump's 2016 presidential campaign. More »

 

Iran says Damascus suburbs assault to continue after U.N. ceasefire call

BEIRUT (Reuters) - Iran said attacks would continue on rebel-held areas near Damascus, where clashes were reported on Sunday between insurgents and government forces despite a U.N. resolution demanding a 30-day truce across Syria. More »

 

Storms dump rain across U.S. Midwest, kill Kentucky woman

(Reuters) - A band of thunderstorms reaching across the lower Mississippi Valley into Ohio on Saturday killed a Kentucky woman in her home and threatened more flooding in an area that has already seen evacuations because of high water. More »

 

China sets stage for Xi to stay in office indefinitely

BEIJING (Reuters) - China's ruling Communist Party on Sunday set the stage for President Xi Jinping to stay in office indefinitely, with a proposal to remove a constitutional clause limiting presidential service to just two terms in office. More »

 

Cisco says most network gear needed for 5G is ready now and can cut costs

BARCELONA (Reuters) - Cisco Systems said on Sunday it aims to disrupt the wireless radio access market led by Huawei , Ericsson and Nokia by backing challengers who make more flexible software versions of traditional mobile gear. More »

 

Florida students take on NRA, set eyes on midterm elections

(Reuters) - In the week since 17 of David Hogg's classmates and teachers were gunned down in Florida, he and his fellow high schoolers have launched a movement that reshaped the gun control debate almost overnight and may influence the U.S. midterm elections. More »

 

Olympics: Disappointing U.S. to look at itself, and others, for answers

PYEONGCHANG, South Korea (Reuters) - Having fallen way short of their Olympic medal target, the U.S. team said on Sunday it would take a hard look at what went wrong in South Korea, and a long look at who fared well. More »

 

Bank of America takes aim at gun-making clients

(Reuters) - Bank of America Corp on Saturday became the latest financial heavyweight to take aim at gunmakers, saying it would ask clients who make assault rifles how they can help end mass shootings like last week's massacre at a Florida high school. More »

 

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