Stock buybacks would occur when Berkshire Hathaway stock is within 110 percent of book value. If stock buybacks happen, they would be the first in Warren Buffett's 46 years heading Berkshire.
Global markets reflect worry about rising interest rates for eurozone's weakest nations and possibility of a US recession. Among global markets to tumble most: Germany, down 5.3 percent and France, down 4.7 percent.
Asian markets react to modest rise in US stock futures. But trading expected to be seasonally thin in Asian markets.
Asian stocks fell more than 5 percent Friday, after the worst day on Wall Street since December 2008.
An Australian teen who said a home intruder strapped a live bomb to her in a suspected extortion attempt was freed after a 10-hour ordeal.
Debt limit deal causes jump for stocks in Asia and stock futures in US. But big cuts from second step of debt limit plan would be needed for a durable rally.
The record price of gold and the universal obsession with the sparkling metal make it a parallel global power.
Western- and UN-backed aid organizations have lined up to support the fledgling Republic of South Sudan, but the challenges facing the nation 'would tax even the most developed of countries.'
Stock prices mostly rise on world markets. Germany, France, and several Asian markets see stock prices go up. But markets in US, Britain closed due to holidays.
Commodity trading reversals in US cause Japan and Korean markets to fall. Asian mining, energy companies drop with negative cast to commodity trading.