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By Ryan Vlastelica NEW YORK (Reuters) - Billionaire investor Warren Buffett defended some of his core holdings in a televised interview on Monday, but reiterated that equities in general would look expensive in an environment with normal interest rates. The remarks from Buffett, chairman of Berkshire Hathaway , come as several of his core holdings, including International Business Machines Corp and Coca-Cola , have showed declining revenue trends in recent years. Buffett told CNBC that Berkshire had bought more shares of IBM during the first quarter, and forecast higher earnings at the company over the next 10 years.
NEWARK, N.J. (AP) — The investigation of politically motivated lane closures of the George Washington Bridge in 2013 heads to court Monday as two former political allies of Republican New Jersey Gov. Chris Christie make initial appearances.