Berkshire Hathaway settles antitrust lawsuit - KSLA News 12 Shreveport, Louisiana 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 politicsNational politicsMore>>

  • DHS secretary says she's unaware Russia wanted Trump to win

    DHS secretary says she's unaware Russia wanted Trump to win

    Tuesday, May 22 2018 11:04 AM EDT2018-05-22 15:04:16 GMT
    Tuesday, May 22 2018 1:25 PM EDT2018-05-22 17:25:19 GMT
    (AP Photo/Andrew Harnik). From left, Energy Secretary Rick Perry, Arkansas Gov. Asa Hutchinson, and Homeland Security Secretary Kirstjen Nielsen, attend a meeting with President Donald Trump and a group of governors in the Blue Room of the White House ...(AP Photo/Andrew Harnik). From left, Energy Secretary Rick Perry, Arkansas Gov. Asa Hutchinson, and Homeland Security Secretary Kirstjen Nielsen, attend a meeting with President Donald Trump and a group of governors in the Blue Room of the White House ...
    Homeland Security Secretary Kirstjen Nielsen says she is unaware of intelligence concluding that Russia favored President Donald Trump over Hillary Clinton in the 2016 election.More >>
    Homeland Security Secretary Kirstjen Nielsen says she is unaware of intelligence concluding that Russia favored President Donald Trump over Hillary Clinton in the 2016 election.More >>
  • School shooting unlikely to bring gun restrictions in Texas

    School shooting unlikely to bring gun restrictions in Texas

    Tuesday, May 22 2018 12:28 AM EDT2018-05-22 04:28:42 GMT
    Tuesday, May 22 2018 1:08 PM EDT2018-05-22 17:08:00 GMT
    (Steve Gonzales/Houston Chronicle via AP). Santa Fe resident, Lori Simmons cries during a moment of silence in front of Santa Fe High School Monday, May 21, 2018, in Santa Fe. Texas Governor Greg Abbott has called for a moment of silence at 10 a.m. Mon...(Steve Gonzales/Houston Chronicle via AP). Santa Fe resident, Lori Simmons cries during a moment of silence in front of Santa Fe High School Monday, May 21, 2018, in Santa Fe. Texas Governor Greg Abbott has called for a moment of silence at 10 a.m. Mon...

    The killing of eight students and two teachers last week at Santa Fe High School prompted the governor to call a series of roundtable discussions on school safety, starting Tuesday in Austin.

    More >>

    The killing of eight students and two teachers last week at Santa Fe High School prompted the governor to call a series of roundtable discussions on school safety, starting Tuesday in Austin.

    More >>
  • The Latest: Trump doesn't like Kim Jong Un's attitude change

    The Latest: Trump doesn't like Kim Jong Un's attitude change

    Tuesday, May 22 2018 10:32 AM EDT2018-05-22 14:32:52 GMT
    Tuesday, May 22 2018 1:25 PM EDT2018-05-22 17:25:17 GMT
    (AP Photo/Wong Maye-E). FILE - In this May 11, 2018, file photo, a news vendor counts her money near a stack of newspapers with a photo of U.S. President Donald Trump, right, and North Korea's leader Kim Jong Un on its front page  in Singapore. U.S. We...(AP Photo/Wong Maye-E). FILE - In this May 11, 2018, file photo, a news vendor counts her money near a stack of newspapers with a photo of U.S. President Donald Trump, right, and North Korea's leader Kim Jong Un on its front page in Singapore. U.S. We...

    President Donald Trump's meeting with North Korean leader Kim Jong Un is still weeks away, but a colorful commemorative coin of the two leaders is ready to go.

    More >>

    President Donald Trump's meeting with North Korean leader Kim Jong Un is still weeks away, but a colorful commemorative coin of the two leaders is ready to go.

    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