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Warren Buffett

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  • SHANGHAI, June 4- China's stock market went on a dramatic roller-coaster ride on Thursday, with an after-lunch meltdown spurring a wave of fresh buying that produced gains for the day instead of a sharp loss. And it underscored increasing volatility in the high-flying, and highly-leveraged, China market. The pattern of abrupt falls being followed by a quick...

  • Hong Kong shares cut losses but still end lower Thursday, 4 Jun 2015 | 4:09 AM ET

    JUNE 4- Hong Kong's benchmark Hang Seng Index erased most of the losses it suffered during an early afternoon sell-off, mirroring the dramatic reversal mainland stock markets saw on Thursday. The Hang Seng index ended 0.4 percent lower, at 27,551.89, while the China Enterprises Index gained 0.1 percent, to 14,127.01 points. Shares of Shenzhen- listed BYD Co Ltd,...

  • SHANGHAI, June 4- China stocks fell on Thursday morning, with investor sentiment soured by signs that more brokerages are starting to tighten margin trading, though banking shares gained on reform hopes. Hong Kong stocks fell at a slightly slower pace. Small-sized brokerage Golden Sun Securities said on Thursday that to control risks, it would suspend margin...

  • *Online apps and websites revolutionising trading. LONDON, May 29- When Noa Strijbos picks a financial asset to trade on her smartphone while taking her dog for a walk, almost 26,000 people pay close attention. Regulators are cracking down on the murkier parts of tech-driven trading, and recently a trader from the London suburbs has been accused of helping to...

  • Buffett lunch bidding crosses $1M mark in one day Monday, 1 Jun 2015 | 5:42 PM ET
    Warren Buffett

    Last year's winner, Andy Chua of Singapore, paid $2,166,766 for his chance to dine with Buffett in New York

  • June 1- An online auction for the right to dine with billionaire investor Warren Buffett and raise money for a San Francisco charity has started strongly, with the top bid surpassing $1 million in less than a day. As of 2:30 p.m. EDT Monday, the top bid was $1,000,100 in the eBay auction, which ends at 10:30 p.m. EDT Friday. This year's winner can bring up to seven...

  • June 1- NetJets Inc, the luxury aviation unit of Warren Buffett's Berkshire Hathaway Inc, said on Monday Jordan Hansell is stepping down as chairman and chief executive, in the midst of a bitter two-year contract dispute with its pilots. NetJets also said Bill Noe, 50, rejoined as president and chief operating officer, a position he held before leaving a few months...

  • Minimum wage hike 'a good thing': Robert Reich Sunday, 31 May 2015 | 9:00 AM ET
    Demonstrators gather in front of a McDonald's restaurant to call for an increase in minimum wage on April 15, 2015 in Chicago, Illinois.

    Former U.S. Labor Secretary Robert Reich is joining the chorus calling for a pay raise for the lowest-paid American workers.

  • *Online apps and websites revolutionising trading. LONDON, May 29- When Noa Strijbos picks a financial asset to trade on her smartphone while taking her dog for a walk, almost 26,000 people pay close attention. Regulators are cracking down on the murkier parts of tech-driven trading, and recently a trader from the London suburbs has been accused of helping to...

  • MOBILE APPS TURN BEDROOM TRADERS INTO STAR PROFESSIONALS@* Online apps and websites revolutionising trading* Launch of "copy trade" feature boosts business of apps* Wealth management firm tests copycat trading strategy. LONDON, May 29- When Noa Strijbos picks a financial asset to trade on her smartphone while taking her dog for a walk, almost 26,000 people pay...

  • Buffett vs casinos? Inside Nevada's solar wars Tuesday, 26 May 2015 | 1:44 PM ET
    Warren Buffett, chairman of Berkshire Hathaway Inc.

    A major fight over solar power in the state of Nevada seems to have found a resolution, until the end of the year, anyway.

  • Buffett: This is better than raising minimum wage Friday, 22 May 2015 | 11:19 AM ET
    Warren Buffett

    "In recent decades, our country’s rising tide has not lifted the boats of the poor," writes Warren Buffett.

  • Cramer: The rising tide of massive housing recovery Wednesday, 20 May 2015 | 6:57 PM ET
    A customer buying lumber at a Home Depot store.

    Jim Cramer is seeing good things happening with this company, which could spark the housing recovery we have all been waiting for.

  • Buffett-like investors will save bull market Tuesday, 19 May 2015 | 12:35 PM ET
    Warren Buffett, chairman of Berkshire Hathaway.

    Having learned their lesson from the financial crisis, investors are taking on the philosophy of Benjamin Graham and Warren Buffett this time around.

  • HOUSTON, May 15- BNSF Railway Co this week told customers it had dropped a plan announced last year to buy 5,000 stronger crude oil tank cars after customers were concerned about the company moving into railcar ownership. The company, owned by Warren Buffett's Berkshire Hathaway Inc also said in a letter sent to shippers on Wednesday it is concerned that new U.S....

  • May 15- Warren Buffett's Berkshire Hathaway Inc on Friday said it has boosted its holdings in some of the billionaire's favorite companies, including Wells Fargo& Co and International Business Machines Corp.. Buffett has long praised his "Big Four" stock holdings Wells Fargo, IBM, Coca-Cola Co and American Express Co, which comprise roughly 58 percent of...

  • May 15- Warren Buffett's Berkshire Hathaway Inc on Friday said it has increased its holdings in some of its biggest stock investments, including Wells Fargo& Co and International Business Machines Corp.. The changes were disclosed in a regulatory filing detailing Berkshire's U.S.-listed stock portfolio as of March 31. Berkshire previously disclosed it had...

  • All hail Ken Griffin, the new hedge fund king Friday, 15 May 2015 | 12:30 PM ET
    Ken Griffin, CEO of Citadel.

    Seven years removed from a near-death experience during the financial crisis, Ken Griffin's Citadel is more powerful than ever.

  • Dairy Queen to remove soda from kids' menu Thursday, 14 May 2015 | 12:42 PM ET
    DQ Grill & Chill restaurant in New York City.

    Dairy Queen has announced it will remove sodas from its kids menu effective September 1 of this year.

  • M&A activity in Israel shifts beyond high tech Thursday, 14 May 2015 | 7:28 AM ET

    TEL AVIV, May 14- When one of China's biggest food companies was looking to boost its dairy output it turned to Israel's tiny market, paying about $1.1 billion for control of the country's largest food maker. Even though the company Tnuva is focused on the Israeli market, China's Bright Food was attracted to its efficiency in milk production and cutting-edge...