An intense winter storm has caused electricity outages for tens of thousands of Americans. Some 65,000 homes and businesses along the US east coast are without power. The storm is the product of a rapid and rare drop in barometric pressure known as bombogenesis, or bomb cyclone. Heavy snow has pounded the east coast from Maine as far south as North Carolina, taking out power lines, icing over roads and closing hundreds of schools.
The announcement evoked a sharp response from the UK and Ireland's largest trade union, Unite, which said it would fight for every job and demanded that there would be no compulsory redundancies from Tata Steel.
Buffett gave no hints about who would succeed him and defended ties with Brazil's 3G Capital during the annual meeting
'It is clear that Britain is a country with a limited future,' says Rajeev Srinivasan.
