COMPANIES

Berkshire Hathaway Chairman Warren Buffett on Saturday admitted he made a 'big mistake' by not following up on former top deputy David Sokol's revelations of stock purchases which Buffett called violations of the company's insider trading rules.

Lawyers of Dr. Conrad Murray, the prime accused in the high-profile manslaughter trial of pop star Michael Jackson has requested a delay in the trial as they need more time to prepare to cross-examine new prosecution witnesses.

Mean Girls star Lindsay Lohan, who was handed down 120 days in jail and 480 hours of community service for violating her probation, said she is kinda shocked by the sentence but is ready to face the consequences for attempting to steal a $2,500 necklace from a swanky jewelry store in Los Angeles and will plead no contest to the theft charge as early as next week.

The Goodyear Tire & Rubber Company reported higher tire unit volumes, record sales and higher earnings for the first quarter of 2011, the company said in a statement.

Former hedge fund manager Donald Longueuil has pleaded guilty to conspiracy and securities fraud charges arising from an insider trading scheme in which he obtained and traded on material, non-public information, Preet Bharara, the United States Attorney for the Southern District of New York, said.

David Bart Goldstein, a Baltimore lawyer, has pleaded guilty to distributing child pornography.

The founder and president of a technology services company located in Rhode Island and Georgia has pleaded guilty in U.S. District Court in Providence to bribing a public official in a kickback scheme netting more than $9 million of naval funds, United States Attorney Peter F. Neronha announced.

The Justice Department has announced that Johnny Mathis, 47, of Lecompte, La., pleaded guilty to two federal crimes for shooting at the home of three Hispanic men living across the street from him because of the victims' race and national origin.

Alchico Grant and Melinda Clayton were indicted by a federal grand jury in the Middle District of Alabama on a variety of charges stemming from an identity theft and tax fraud scheme, the Department of Justice, U.S. Attorney Leura G. Canary and the Internal Revenue Service (IRS) have announced.

A former U.S. probation officer, Mark John Walker, 52, of Eugene, Ore., has pleaded guilty to charges related to his engaging in sexual contact or aggravated sexual abuse with female offenders who were under his direct supervision as a federal probation officer from 2006 to 2009. Sentencing is scheduled for July 18, 2011 before Chief U.S. District Judge Ralph R. Beistline, who is a visiting judge from Alaska.

U.S. District Judge Donald E. Walter have sentenced Jeremy Matthew Moro, 33, and Joshua James Moro, 23 pursuant to their January 2011 guilty pleas to conspiring to violate the civil rights of an interracial couple by burning a cross near their home in Athens, La., in October 2008.

A former White House lawyer is all set to face trial for attempted murder and aggravated assault after plea negotiations broke down on Thursday.

People with criminal records are finding difficulty in getting jobs, prompting a spurt in lawsuits that challenge hiring policies that discriminate against applicants with criminal backgrounds.

NASA calls off the launch for the space shuttle Endeavour due to a problem with Auxiliary Power Unit 1 heaters.

DLA Piper, one of the biggest law firms in the world, has joined forces with California-based boutique law firm Stevens, O'Connell & Jacobs LLP to create a legal powerhouse in Sacramento.

This is Clarence House, which will serve as a ‘starter home’ for the royal newlyweds Prince William and Kate.

In the light of this morning’s royal wedding of Prince William and Kate Middleton, here is a look at the famous Buckingham Palace, which has served as the official residence of the British monarch since 1837.

Jacyee Lee Dugard's kidnappers, a California couple who held her captive for 18 years and sexually abused her, pleaded guilty on Thursday and face life sentence.

As the space shuttle Endeavour is set to launch for the final time, here is a look back at some of its 19-year history.

The year 2011 hasn’t been kind to Toyota and Alabama tornadoes just set it further back.

NASA awards HP a contract to create desktop services and related devices for the space agency’s secure collaboration initiative.

“Our 4G LTE network is up and running.” the company said in a statement.

'Friends' star Jennifer Aniston may soon be heading to New York as the actress is about to close a deal on her new abode - a $5.9 million penthouse in the West Village.

CoStar Group Inc. is acquiring LoopNet.com, an online commercial real estate marketplace, in a transaction valued at $860 million.

A trio of tiny satellites and an ancient artifact are among the items that will travel to space with the final mission of the space shuttle Endeavour.

A woman who accused American Apparel Inc Chief Executive Dov Charney of keeping her as a teenage sex slave is now suing him and his clothing retailer for defamation and invasion of privacy.

People will be able to submit questions to the Endeavour via YouTube, which will be answered live from space.

American Pharmacies, a member-owned independent pharmacy cooperative based in Texas, is taking on Humana and Walmart via the Centers for Medicare and Medicaid Services (CMS) for discriminating against some pharmacies in Humana’s new Medicare Part D prescription drug plan (PDP).

The Boeing Company (NYSE: BA) issued the following statement in response to today's ruling by Federal District Court in the Central District of California, overturning California Senate Bill 990 (SB 990), a state law governing the cleanup of Santa Susana Field Laboratory, a former federal government rocket engine and energy testing facility in southern California: