net-income

Samsung America says it has replaced most recalled Galaxy Note 7s

(Reuters) – Samsung Electronics America said on Friday it has replaced nearly 85 percent of all recalled Galaxy Note 7 devices as it works to resolve the issue of fire-prone phones. South Korean parent company Samsung Electronics Co Ltd announced the global recall of at least 2.5 million Note 7s in early September following numerous reports of the smartphones catching fire. Samsung will be releasing a software update in the coming days to limit the phone's ability

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Samsung America says it has replaced most recalled Galaxy Note 7s

net-income

Berkshire profit falls 24 percent, keeps Wells Fargo stake

Berkshire is Wells Fargo's largest shareholder. Quarterly net income for Omaha, Nebraska-based Berkshire fell to $7.2 billion, or $4,379 per Class A share, from $9.43 billion, or $5,737 per share, a year earlier. Operating profit, which excludes investment and derivative gains and losses, rose 7 percent to

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Berkshire profit falls 24 percent, keeps Wells Fargo stake