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CNBC's Becky Quick reported live by phone a few minutes ago from Warren Buffett's private jet, heading to a refueling stop in Anchorage and then on to China. WWarren then came on the line to 'duck' a question from Mark Haines on currencies. Here's the video clip and transcript from Squawk on the Street.
American billionaire investor Warren Buffett said Thursday he remains negative on prospects for the U.S. dollar and that problems in the U.S. subprime mortgage sector may continue to cause problems for some time.
The Colorado Rockies take on the Boston Red Sox in Game 1 of the World Series tonight. And we're doing everything we can here at CNBC to take you behind the business of it all like no one else can.
What does Warren Buffett think is the most powerful force in the universe? It's certainly not money. Here's what he told a group of 98 Harvard students who went to Omaha over the weekend "in search of business wisdom," as reported this morning by the Harvard Crimson.
While the Save Darfur Coalition mildly "applauded" Berkshire Hathaway's PetroChina sales, even if they weren't driven by human-rights concerns, another group that's been urging Warren Buffett to divest is more direct in its criticism.
The biggest headline out of Warren Buffett's interview with FBN today: he has sold his entire PetroChina stake and he sold it not because of human-rights concerns over Darfur, but because the stock's price had gone up so much.
A group that's been urging Warren Buffett to divest Berkshire Hathaway's PetroChina holdings is "applauding" today, even if it might not like Buffett's stated reason for selling the entire stake.
With the Cleveland Cavaliers playing the Orlando Magic in China, I decided it would be good to run our story on the marketing of LeBron James on CNBC today. I sat down with him last week to discuss his endorsement roster and other things, including his relationship with Warren Buffett.
For LeBron James and a handful of talented colleagues, the NBA has done a lot more than an MBA could ever do.
How much oil pressure can the stock market take before it blows a gasket? Oil continues to surge into record territory, closing in on $88 per barrel and ready to pump right through $90. Stocks are floundering this morning after weakness in Europe and a down day in Asia. China, though, continues to be the exception with Shanghai stocks once more in record territory.
During a visit to Toronto for a fundraiser, Warren Buffett predicts the Canadian dollar will continue to strengthen against the U.S. dollar over the next five years.
The Wall Street Journal's widely followed Heard on the Street column today focuses on Warren Buffett's big PetroChina sales in recent weeks, even as the stock has rallied to new highs. It neatly recaps the question we've been asking here at WBW: Is Buffett selling because he thinks PetroChina has become overvalued after an enormous run-up or is he selling in response to human-rights activists who see divestment as a way to pressure China over its ties to Sudan, which is accused of supporting mass killings in Darfur?
Warren Buffett may be making big cuts in his PetroChina holdings, but another very well-known international investor is sticking with the big Chinese energy company. Mark Mobius says just because Buffett is selling, don't assume the stock is going lower. Indeed, Buffett may have something very different in mind.
The PetroChina selling continues and continues to accelerate at Warren Buffett's Berkshire Hathaway. In a filing with the SEC made public just moments ago, Berkshire reveals that as of September 30 its controversial stake in the Chinese energy company had dropped to just 3.1%. That follows a flurry of selling in September that brought the holdings from from just under 10% when the month started.
Another filing reveals that Warren Buffett's sales from his controversial PetroChina stake are accelerating. Is he going to get rid of all his holdings amid pressure from human rights activists?
Investment guru Warren Buffett's Berkshire Hathaway cut its holding in PetroChina again on Sept. 21, selling $102 million worth of shares in Asia's top oil and gas producer.
More U.S. railroads, less Chinese energy. That's the trend in just five words based on the latest filings from Warren Buffett's Berkshire Hathaway.
Warren Buffett's Berkshire Hathaway raises its Burlington Northern Santa Fe stake by exercising 7.8 million options to buy stock.
Should rumors and speculation about what Warren Buffett is, or might be, buying be ignored completely? The recent stock moves of supposed Buffett "targets" suggests the speculation could actually be a sell signal.
Warren Buffett's Berkshire Hathaway holding company has cuts its controversial stake in PetroChina to just under 8%. His motives for selling remain a matter of speculation between making money and making a statement.