Berkshire Hathaway settles antitrust lawsuit - WTOC-TV: Savannah, Beaufort, SC, News, Weather & Sports

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>>

  • White House defends Kelly's defense of Trump

    White House defends Kelly's defense of Trump

    Friday, October 20 2017 4:12 AM EDT2017-10-20 08:12:41 GMT
    Friday, October 20 2017 3:34 PM EDT2017-10-20 19:34:23 GMT

    White House chief of staff John Kelly delivered a raw and searing monologue Thursday about the reality and pain of war sacrifice, praising those who serve and summoning the 2010 death of his own son to defend President Donald Trump against accusations of insensitive outreach to a grieving military family.

    More >>

    White House chief of staff John Kelly delivered a raw and searing monologue Thursday about the reality and pain of war sacrifice, praising those who serve and summoning the 2010 death of his own son to defend President Donald Trump against accusations of insensitive outreach to a grieving military family.

    More >>
  • John McCain memoir, 'The Restless Wave,' coming in April

    John McCain memoir, 'The Restless Wave,' coming in April

    Friday, October 20 2017 8:22 AM EDT2017-10-20 12:22:27 GMT
    Friday, October 20 2017 3:23 PM EDT2017-10-20 19:23:22 GMT
    An upcoming memoir from Sen. John McCain has taken on new meaning since he first agreed to write it.More >>
    An upcoming memoir from Sen. John McCain has taken on new meaning since he first agreed to write it.More >>
  • Fox News duped by phony military hero, removes false story

    Fox News duped by phony military hero, removes false story

    Friday, October 20 2017 12:02 PM EDT2017-10-20 16:02:35 GMT
    Friday, October 20 2017 3:23 PM EDT2017-10-20 19:23:15 GMT

    Fox News Channel says it's been duped by a glass artist the network highlighted as a Vietnam veteran, a member of the first U.S. Navy SEAL team and a much-decorated war hero _ none of which is true.

    More >>

    Fox News Channel says it's been duped by a glass artist the network highlighted as a Vietnam veteran, a member of the first U.S. Navy SEAL team and a much-decorated war hero _ none of which is true.

    More >>

(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