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Excerpts from Warren Buffett's Annual Letter

Posted: 02/28/2009 - Revered investor Warren Buffett released his annual letter to Berkshire Hathaway Inc. shareholders Saturday morning. Buffett recounted a painful year for his Omaha-based company and the U.S. economy, but the billionaire also offered a hopeful view of the nation's future. The full letter is available online at www.berkshirehathaway.com.

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High Court Looks at Prisoners' Right to DNA Test

Posted: 02/28/2009 - William Osborne says he's a victim of mistaken identity and a DNA test would prove it. Alaska prosecutors say his rape and attempted murder convictions are as solid as can be, and would be pointless to revisit.

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AP Exclusive: Gregg had stake in, won aid for base

Updated: 02/27/2009 - Sen. Judd Gregg is saying again that his decision to turn down the commerce secretary job was "solely due to differences in political ideology" with the Obama administration.

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Judge wants Vick to appear in Va. court

Updated: 02/27/2009 - A judge wants ex-Atlanta Falcons quarterback Michael Vick appear in bankruptcy court in Virginia before he's released from prison.

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Former D.C. mayor released from hospital

Updated: 02/27/2009 - Former Washington Mayor Marion Barry has been released from the hospital after successfully undergoing a kidney transplant.

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Boeing Employees Among Dead in Crash

Posted: 02/26/2009 - Boeing Co. says two of its employees were among nine people who died when a Turkish Airlines jetliner crashed into a muddy field in the Netherlands.

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Government to Own More of Citigroup

Posted: 02/26/2009 - The government is on the verge of closing a deal to significantly boost its ownership stake in Citigroup.

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Montana horse slaughterhouse bill moves forward

Updated: 02/26/2009 - The Montana House of Representatives has strongly endorsed a bill that paves the way for construction of a horse slaughterhouse in Montana and aims to bring the industry back to the United States.

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High-level US-Syrian meeting to improve relations

Updated: 02/26/2009 - U.S. and Syrian diplomats met Thursday in an effort to improve strained ties, though Secretary of State Hillary Rodham Clinton said it was too soon to say whether relations would improve.

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Sewage spills foul San Francisco Bay over and over

Updated: 02/26/2009 - Last weekend, 890,000 gallons of raw sewage and stormwater spilled into San Francisco Bay from an overloaded World War II-era treatment plant. Five days earlier, a ruptured pipe released 400,000 gallons of filth into the bay.

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Colleges warn students about Mexico travel

Updated: 02/26/2009 - The U.S. State Department and universities around the country are warning college students headed for Mexico for some spring-break partying of a surge in drug-related murder and mayhem south of the border.

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US banks post first quarterly loss since 1990

Updated: 02/26/2009 - The nation's banks lost $26.2 billion in the last three months of 2008, the first quarterly deficit in 18 years, as the housing and credit crises escalated.

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13,000-year-old tools unearthed at Colorado home

Updated: 02/26/2009 - Landscapers were digging a hole for a fish pond in the front yard of a Boulder home last May when they heard a "chink" that didn't sound right. Just some lost tools. Some 13,000-year-old lost tools.

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Michelle Obama welcomes 'new era' at EPA

Updated: 02/26/2009 - With a new president comes a new era at the Environmental Protection Agency. That's the message first lady Michelle Obama had for EPA employees during her brief visit to the agency Thursday.

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Former CIA exec gets more than 3 years in prison

Updated: 02/26/2009 - A former high-ranking CIA official has been sentenced to more than three years in prison for a fraud scheme in which he steered procurement contracts to an old friend.

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