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UPDATE 1-Supreme Court to review U.S. electricity market efficiency rule

WASHINGTON, May 4- The U.S. Supreme Court on Monday agreed to consider the Obama administration's bid to revive a regulation aimed at encouraging efficiency in the electricity market by paying users to reduce consumption at peak times. The court agreed to hear an appeal filed by the U.S. Federal Energy Regulatory Commission seeking to reverse a May 2014 ruling...
Source: Reuters | By: Lawrence Hurley
High court will hear appeal over energy rule

WASHINGTON- The Supreme Court will hear a dispute over an electricity regulation in which utilities pay energy users in the wholesale market to reduce consumption. The justices on Monday said they will review a lower court ruling that struck down a Federal Energy Regulatory Commission rule under which electricity users are paid to lower energy use in...
Source: The Associated Press
WRAPUP 3-About 100 bodies found in Nepal trekking village

*Nepal asks foreign teams to end search and rescue operations. *The April 25 quake has killed over 7,300, wounded nearly 14,500. KATHMANDU, May 4- Nepali police and local volunteers found the bodies of about 100 trekkers and villagers buried in an avalanche set off by last month's devastating earthquake and were digging through snow and ice for signs of dozens...
Source: Reuters | By: Gopal Sharma
Yellen's hands tied: Buffett  

Warren Buffett, Berkshire Hathaway CEO; Charlie Munger, Berkshire Hathaway vice-chairman, and Bill Gates, Microsoft chairman, discuss the economy and the job Janet Yellen is doing at the Fed.
Source: CNBC.com
UPDATE 1-Comcast profit beats estimates on internet, enterprise growth

NEW YORK, May 4- Comcast Corp, the largest U.S. cable operator, posted better-than-expected first-quarter profit, driven by strong growth in its high-speed Internet and business services. Comcast, which increased its stock buyback program to $10 billion last quarter, said it would now earmark $6.75 billion for 2015, higher than the $4.25 billion it had...
Source: Reuters | By: Malathi Nayak
Gates, Munger & Buffett: If I were education czar...  

Warren Buffett, Berkshire Hathaway CEO; Charlie Munger, Berkshire Hathaway vice-chairman; and Bill Gates, Microsoft chairman, on education in America.
Source: CNBC.com
Comcast earnings, revenue top expectations

Comcast delivered quarterly earnings and revenue that beat analysts' expectations on Monday.
Source: CNBC.com | By: Jacob Pramuk
Fed has done 'right thing': Buffett  

Warren Buffett, Berkshire Hathaway CEO, shares his thoughts on the worst case scenario in a low rate environment, both in the U.S. and Europe. Also Buffett weighs in on Japan's economic policy.
Source: CNBC.com
Why IBM and not Apple? Warren Buffett answers  

Warren Buffett, Berkshire Hathaway CEO, explains why he bought shares of IBM, and weighs in on how he chooses companies.
Source: CNBC.com
Comcast profit beats estimates on internet, enterprise growth

NEW YORK, May 4- Comcast Corp, the largest U.S. cable operator, posted better-than-expected first-quarter profit, driven by strong growth in its high-speed internet and business services. Comcast, which increased its stock buyback program to $10 billion last quarter, said it would now earmark $6.75 billion for 2015, higher than the $4.25 billion it had...
Source: Reuters | By: Malathi Nayak