News Warren Buffett says Berkshire needs to do 'huge acquisitions' 2018-02-24T09:07:39.000000000-05:00 NEW YORK (Reuters) - Warren Buffett on Saturday said he needs to make "one or more huge acquisitions" to increase Berkshire Hathaway Inc earnings, but admitted that finding a deal at "a sensible purchase price" has become a challenge. Lower tax rate fuels record profit for Buffett's Berkshire 2018-02-24T08:41:17.000000000-05:00 (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Saturday reported a record quarterly and annual profit, benefiting from a lower U.S. corporate income tax rate. Geely chairman builds $9 billion stake in Germany's Daimler 2018-02-24T08:11:55.000000000-05:00 BEIJING/FRANKFURT (Reuters) - The chairman of Chinese carmaker Geely [GEELY.UL] has built up an almost 10 percent stake in Mercedes-Benz owner Daimler , making a $9 billion bet that he can push through an alliance to access the German company's technology. U.S. imposes more North Korea sanctions, Trump warns of 'phase two' 2018-02-24T07:18:43.000000000-05:00 WASHINGTON/SEOUL (Reuters) - The United States said on Friday it was imposing its largest package of sanctions to pressure North Korea to give up its nuclear and missile programs, and President Donald Trump warned of a "phase two" that could be "very, very unfortunate for the world" if the steps ... Florida students take on NRA, set eyes on midterm elections 2018-02-24T07:07:38.000000000-05:00 (Reuters) - In the week since 17 of David Hogg's classmates and teachers were gunned down in Florida, he and his fellow high schoolers have launched a movement that reshaped the gun control debate almost overnight and may influence the U.S. midterm elections. Rescuers say cannot keep up with air strikes battering Syria's Ghouta 2018-02-24T06:55:14.000000000-05:00 BEIRUT (Reuters) - Rescuers in Syria's eastern Ghouta said the bombing would not let up long enough for them to count the bodies, in one of the bloodiest air assaults of the seven-year war. More rain, flooding in the forecast for U.S. South, Midwest 2018-02-24T06:25:47.000000000-05:00 (Reuters) - Heavy rain storms will sweep across the U.S. Southern Plains and the Midwest on Saturday and Sunday, potentially causing more flooding that has already forced hundreds to flee their homes and claimed the lives of three people, including a child. U.S. ready to open Jerusalem embassy in May: State Department 2018-02-24T06:16:43.000000000-05:00 WASHINGTON (Reuters) - The United States said on Friday it will open its embassy to Israel in Jerusalem in May, a move from Tel Aviv that reverses decades of U.S. policy and is bound to trouble U.S. allies who have already objected. Death toll from Somalia blasts rises to 45: government official 2018-02-24T05:20:21.000000000-05:00 MOGADISHU (Reuters) - The death toll from twin car bomb blasts in the Somali capital late on Friday has risen to 45 from the initially reported 18, a senior government official said on Saturday. Trump, Australia's Turnbull seek common ground on trade, China 2018-02-24T02:17:03.000000000-05:00 WASHINGTON (Reuters) - U.S. President Donald Trump and Australian Prime Minister Malcolm Turnbull held talks on Friday at the White House where the two leaders sought to put aside previous tensions, but divisions on trade remained.