LONDON (AP) — Sadiq Khan became London's first Muslim mayor Saturday, as voters rejected attempts to taint him with links to extremism and handed a decisive victory to the bus driver's son from south London.
Warren Buffett's Berkshire Hathaway Inc said on Friday it recently learned that one of its foreign units made sales through a third-party distributor to customers in Iran, despite U.S. sanctions against that country. In its quarterly report filed with the U.S. Securities and Exchange Commission, Omaha, Nebraska-based Berkshire said it alerted federal authorities including the Department of the Treasury on Friday about the transactions in question. It said the customers "include or may include parties that meet the definition of the 'Government of Iran.'" The transactions took place from June 2013 to November 2015, and generated about $2,500 of profit on $45,000 of revenue, Berkshire said.