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In Brief

Spending, industry surge during JuneWASHINGTON — Americans spent more money at retailers and factories revved up production in June, offering encouraging signs of the U.S. economy’s resilience in the face of global headwinds.Industrial production shot up 0.6 percent, fueled by a big rebound in auto output. It was the best showing since last August. Meanwhile, retail sales also rose 0.6 percent last month, three times the gain in May. And inflation pressures remained modest, with consumer prices climbing 0.2 percent in June, according to a report on Friday.

Buffett gives hefty gifts to 5 charitiesOMAHA, Neb. — Investor Warren Buffett has delivered his annual donation of Berkshire Hathaway stock to five charities as part of his plan to gradually give away his fortune.The gifts of Class B Berkshire stock that Buffett disclosed Thursday were worth roughly $2.86 billion. The biggest share went to the Bill & Melinda Gates Foundation.Buffett has been giving away blocks of Berkshire stock since 2006. This year’s donation was slightly more than last year’s $2.8 billion giveaway.Berkshire’s stock price has increased.

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