Warren Buffett


  • Buffett: Fed rate hike not feasible Wednesday, 4 Feb 2015 | 5:17 PM ET
    Warren Buffett

    Berkshire Hathaway CEO Warren Buffett said Wednesday he thinks it is not feasible for the Fed to raise rates.

  • NEW YORK, Feb 4- Billionaire investor Warren Buffett said on Wednesday he is likely to buy a small business in Western Europe and he would like to buy more businesses abroad. "We'd like to buy more businesses around the world," Buffett, the head of conglomerate Berkshire Hathaway Inc, said in an interview with Fox Business Network. With growth in the world's largest...

  • Number of billionaires surges to record high Wednesday, 4 Feb 2015 | 9:59 AM ET
    Microsoft co-founder and Berkshire Hathaway board member Bill Gates, left, and Chairman and CEO Warren Buffett are shown prior to the annual shareholders meeting in Omaha, Neb.

    The number of billionaires in the world grew by 222 in 2014, bringing the total to a record 2,089, according to a new report. Here's how much they own.

  • Buffett index fund beats hedge funds in 10-year bet Wednesday, 4 Feb 2015 | 6:08 AM ET
    Warren Buffett

    The stock market index fund Warren Buffett picked in a bet continues to outpace a collection of hedge funds seven years into the 10-year wager.

  • NEW YORK, Jan 29- With a scheduled trial just four weeks away, the former chairman of American International Group Inc said New York's attorney general should abandon his nearly decade-old fraud case against him, calling it a waste of taxpayer dollars in pursuit of a hollow "trophy" victory. The non-jury trial, scheduled for Feb. 24 in Manhattan before State Supreme...

  • One of the Buffetts gives Northwestern a major gift Tuesday, 27 Jan 2015 | 4:19 PM ET
    University Hall, Northwestern University

    Illinois's Northwestern University will be getting its largest-ever donation from a member of the Buffett family.

  • Jan 27- Procter& Gamble Co, the world's largest household products maker, said on Tuesday that impact from a strong dollar would hurt earnings this fiscal year, with full year net sales likely to fall 3 to 4 percent, sending its shares down nearly 4 percent. Out of that, $1 billion would be as a result of currency devaluation in six countries- Russia, Ukraine, Venezuela,...

  • Berkshire's NetJets defeats $500 million IRS tax claim Tuesday, 27 Jan 2015 | 11:08 AM ET

    NEW YORK, Jan 27- NetJets Inc, the private jet-sharing company owned by Warren Buffett's Berkshire Hathaway Inc, has defeated a U.S. Internal Revenue Service lawsuit attempting to recoup more than $500 million of unpaid taxes, penalties and interest. District Judge Edmund Sargus in Columbus, Ohio, said on Monday that the IRS was bound by guidance it gave a NetJets...

  • Soros eyes investing in auto dealer groups -report Monday, 26 Jan 2015 | 10:48 AM ET

    DETROIT, Jan 26- Billionaire financier George Soros wants to invest in or buy a large automotive dealership group, potentially following in the footsteps of Warren Buffett, Automotive News reported. Two representatives of Soros Fund management, which Soros chairs, attended the National Automobile Dealers Association convention in San Francisco over the...

  • Jan 21- The chief executive of Tootsie Roll Industries Inc has died after more than half a century at the helm of the U.S. candy maker, sparking speculation that the company could soon be ripe for acquisition. Melvin Gordon died, aged 95, after a brief illness, according to a statement from the company he had headed since 1962. His wife, Ellen Gordon, takes over as chief...

  • IBM is giving Warren Buffett another bad day Wednesday, 21 Jan 2015 | 9:33 AM ET
    Warren Buffett

    Warren Buffett had a couple of billion-dollar loser days in October, and so far January isn't doing him any favors either.

  • Jan 16- PepsiCo Inc said it had elected an adviser at Nelson Peltz's Trian Fund Management to its board, signaling a truce between the company and the activist investor following his two- year push to split the snack and beverage maker. Heinz Co, will join the board effective March 23, and he will also be included in the slate of nominees for election to the board at the...

  • UPDATE 1-Carlos Slim becomes top NY Times shareholder Wednesday, 14 Jan 2015 | 6:11 PM ET

    Jan 14- Mexican billionaire Carlos Slim has become the largest shareholder of New York Times Co after exercising warrants to double his stake in the publisher to 16.8 percent. New York Times, controlled by the Ochs-Sulzberger family through Class B shares, paid back the loan in 2011.. New York Times intends to use cash proceeds of about $101.1 million to buy back...

  • Buffett's battery deal could fire up this stock Monday, 12 Jan 2015 | 2:40 PM ET

    Warren Buffett's deal to acquire Duracell is good news for rival Energizer. There's also hidden value in Energizer's Schick business.

  • Investment firm 3G Capital scouts new targets - WSJ Wednesday, 7 Jan 2015 | 1:53 AM ET

    Executives at the New York- based Brazilian investment firm are discussing the possibility of buying a food or beverage company such as Campbell Soup Co or even PepsiCo Inc, the newspaper reported. 3 G could collaborate with brewing company Anheuser-Busch InBev or end up taking only pieces of PepsiCo, which has a market capitalization of about $140 billion, the...

  • Producer's Note: On ‘Squawk’s’ move to NYC Tuesday, 6 Jan 2015 | 4:25 PM ET
    Andrew Ross Sorkin, Becky Quick and Joe Kernen on the set of Squawk Box in Englewood Cliffs, N.J.

    Matt Quayle, senior executive producer for CNBC's "Squawk Box," writes about the show's evolution over the past 20 years and its future.

  • Buffett and Gates agree on this key to success Monday, 5 Jan 2015 | 11:55 AM ET
    Bill Gates and Warren Buffett

    Warren Buffett and Bill Gates both agree on the same key factor to achieving success in anything you do.

  • 2014 was a boom for some execs, bust for others Friday, 2 Jan 2015 | 5:55 PM ET

    Notable, wealthy founders and executives saw a wide spectrum of gains and losses from their company's stock movement in 2014.

  • BEIJING, Dec 23- Investor Warren Buffett's NetJets Inc has been caught by surprise by headwinds in China amid Beijing's austerity drive and a slowing economy, the business aircraft supplier's chief executive officer said. Less than three months after NetJets won regulatory approval to provide charter services in China, business in and around China is...

  • Cramer: Competition + stocks = Cold-blooded killer Monday, 22 Dec 2014 | 6:11 PM ET
    Facebook headquarters

    Price competition might be a good thing for the consumer, but Jim Cramer recommends running far from the stocks—especially in this sector.