Bloomberg Professional Service executives announced a new valuation service for over-the-counter (OTC) derivatives, designed to bring the transparency long sought by the financial marketplace, as well as government and regulatory agencies. The launch comes as US federal legislators consider increasing regulations on OTC derivatives.

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HomeServices earnings grow 10%, Warren Buffett says

Warren Buffet’s annual letter to Berkshire Hathaway shareholders gave a glimpse into the earnings of its HomeServices of America affiliate, the nation’s second-largest real estate brokerage.

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3d rendering of a row of luxury townhouses along a street

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