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Berkshire Hathaway Cuts Stake in General Electric

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  • Description

    FBN’s Adam Shapiro on Berkshire Hathaway’s latest SEC filing.

  • Duration 0:53
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I'm Adam Shapiro would -- Fox Business -- stocks faded toward the end of the day after trading higher for much of the session the Dow finished just two points time.

The Treasury Department will continue its investigation of standard chartered over charges the company laundered hundreds of billions of dollars from around.

The Wall Street Journal reports the agency will work with the regulators and law enforcement to hold the bank accountable.

Standard already reached an agreement with the New York superintendent of financial services.

Though we didn't agree to -- any wrongdoing in New York.

Berkshire Hathaway's latest filing with the SEC shows it -- 74 point three billion in stock as of June 30.

Among its holdings Berkshire is increasing its stake in IBM cutting its stake in General Electric.

As well as Procter & Gamble and has -- -- computer chipmaker Intel.

That's the latest from the Fox Business Network giving you the power --

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