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Warren Buffett's Berkshire Hathaway Inc (BRKa.N) said it would buy Procter & Gamble Co's (PG.N) Duracell battery business in exchange for its entire $4.7 billion stake in the world's No. 1 household products maker.

Hundreds of sex crime complaints to the New Orleans Police Department over a three-year period went virtually uninvestigated, city watchdog and police officials said on Wednesday.

Outgoing Arkansas Governor Mike Beebe said on Wednesday that he will pardon his son for a felony drug conviction, local media reported.