Business
Originally published on Wed May 16, 2012 7:18 am
By editor
Transcript
STEVE INSKEEP, HOST:
NPR's business news starts with a sign of confidence in the U.S. auto industry.
(SOUNDBITE OF MUSIC)
INSKEEP: Berkshire Hathaway has bought 10 million shares of General Motors. The company owned by the billionaire investor Warren Buffett spent just over $200 million for that stake in GM. It is the first time Berkshire has invested in an American automaker.
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