Industrials

Buffett's Berkshire Sheds 2 Stocks, Hints at New Purchase

Warren Buffett's Berkshire Hathaway Inc on Friday said it boosted its stake in cable TV operator Charter Communications Corp, and signaled it may have another large investment planned after agreeing to buy Precision Castparts Corp in its largest-ever purchase.

China Damage Spreading

Wall Street is paying close attention to how China's currency drop could sting major U.S.firms including Apple, Qualcomm, and Yum Brands.