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Warren Buffett's Berkshire Hathaway Inc on Tuesday said it has more than doubled its investment in generic drugmaker Teva Pharmaceutical Industries Ltd , and confirmed it has become Apple Inc's second-largest shareholder. Berkshire also shed an investment dating to the mid-1970s that reflected Buffett's longstanding love for newspapers, selling its stake in Graham Holdings Co, the former publisher of the Washington Post. The changes were disclosed in a regulatory filing detailing Berkshire's U.S.-listed stock holdings as of March 31.
Donald Graham, the chairman of the board of Graham Holdings Company and former publisher of The Washington Post, personally retained two lobbyists earlier this year to advocate on behalf of retaining the program that has allowed immigrant children to remain legally in the country. On Tuesday, President Donald Trump announced the end of the Obama-era program that protects immigrants known as Dreamers, brought illegally into the United States as children, from deportation. Implementation will be delayed until March, giving the U.S. Congress six months to decide the fate of almost 800,000 young people.
Oct.03 -- Amazon CEO Jeff Bezos was one of the first entrepreneurs to realize the potential of selling products on the internet. This Bloomberg Profile looks into how Bezos built Amazon inside his garage and now has his sights set well beyond online commerce. (video by Michael Byhoff)