New York Times

Buffett Asks Big Money: Why Pay High Fees?
New York Times
Warren E. Buffett, the chairman of Berkshire Hathaway, in 2015. This year, his annual letter to Berkshire shareholders contained a harsh assessment of the hedge fund industry. Credit Kevin Lamarque/Reuters. Poof: $100 billion disappeared. That's the
Here is the full transcript of billionaire investor Warren Buffett's interview with CNBCCNBC
Warren Buffett Has Boosted His Apple, Inc. Position Nearly Tenfold in 4 MonthsMotley Fool
Warren Buffett Hints Bank of America Could Be His Next Big InvestmentFortune
Bloomberg –Seeking Alpha –Washington Post –TheStreet.com
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Short-term car rentals and shared rides could increase adoption of electric vehicles — and maybe even their self-driving siblings.

In week three of 10-part series, colleges are implementing programs to help students be the change they want to see in the world.

Even politically “red” states stand to benefit from maturing deal and financial structures.

Darren Woods, who took the helm in early 2017, doubles down on oil giant’s commitment to drive down emissions.

The cotton industry is turning to innovation to help it weather challenging growing conditions ahead.


Business Standard

Audi, Porsche sales help Volkswagen to record underlying profit
Business Standard
Record Audi and Porsche sales helped Volkswagen swing to a record underlying profit in 2016, although a bigger than expected charge from the diesel emissions scandal meant it missed estimates for its operating profit. Sales of the German carmaker's …
VW Executive Charged in Emissions Case Says He Was a Bit PlayerNew York Times
As dieselgate scandal fades, VW races back into profitThe Express Tribune
VW's Costs Keep Adding Up From Its Worst Crisis EverBloomberg
Washington Post –New Jersey Herald –UPI.com –USA TODAY
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Washington Post

Do What Warren Does, Not What He Says
Seeking Alpha
Warren Buffett's letter with the 2016 Annual Report of Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) came out Saturday morning. I rushed to open and read it like so many millions of investors to hear the pearls of wisdom from the "Oracle of Omaha.
Warren Buffett praises 'ambitious immigrants' in annual letter to shareholdersUSA TODAY
Warren Buffett Lets Some Things Go UnsaidBloomberg
Buffett upbeat on American business; Berkshire operating profit downReuters
Washington Post –ValueWalk –Yahoo Finance –The Boston Globe
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Alton Telegraph

JCPenney to close more than 100 stores
WatertownDailyTimes.com
JCPenney Co. Inc. announced it will close 130 to 140 stores in the next few months, but repeated efforts to contact the company, Salmon Run Mall and store employees have not revealed whether the Watertown store will be among those closing its doors.
Malls face more change with JCPenney closingsSarasota Herald-Tribune
JCPenney to close locations across the countryHollandSentinel.com
Fate Of Local JCPenny Uncertain As Retailer Plans ClosuresJamestown Post Journal
Orange County Breeze –NBC Montana
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Seeking Alpha

JC Penney: A Buy Or A Sell After Friday's Drop?
Seeking Alpha
Nonetheless, the retailer's announcement of store closures and weak 2017 guidance triggered a sell-off in the stock. J.C. Penney's share price has slumped ~40 percent since December. I think J.C. Penney makes for an interesting speculative BUY.
JC Penney to close 130 to 140 stores, sales dipMarketWatch
A Strategic Mistake That Still Haunts JC PenneyForbes
JC Penney to shut 130-plus stores, offer early retirementsBusiness Insider
Allentown Morning Call –Syracuse.com –Detroit Free Press –cleveland.com
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