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Warren Buffett tells CNBC that bitcoins transmit money, like checks, and checks have no intrinsic value.
NEW YORK, March 14- Berkshire Hathaway chairman and chief executive Warren Buffett said on Friday that his firm had eliminated most of its catastrophe insurance business in the United States.
Warren Buffett discusses how he's feeling about insuring a contest by Quicken Loans to offer a billion dollars for the perfect March Madness bracket.
Warren Buffett says there will be another financial crisis "someday," but he'd be "surprised a lot" if global stock prices plunged soon.
SEOUL, March 14- POSCO's new chief executive said the South Korean steelmaker will restructure non-steel businesses and not make any major investment in increasing steelmaking capacity, in a marked break from the strategy of his predecessor.
SEOUL, March 14- POSCO's new chief executive said the South Korean steelmaker will sell non-core assets and list some affiliates to shore up its balance sheet, shying away from major new investments in a marked break from his predecessor's strategy.
SEOUL, March 14- POSCO's new chief executive said the steelmaker will shy away from expanding manufacturing capacity for the time being, and raise cash by selling non-core assets and by listing some affiliates- a marked break with the strategy set by his predecessor.
Warren Buffett's Berkshire Hathaway will get a Miami television station as it breaks long-standing ties with the former Washington Post Co.
*Buffett's company and Graham Holdings in $1.1 billion swap. *Berkshire invested in Washington Post Co in 1973. March 12- Warren Buffett's Berkshire Hathaway Inc plans to shed much of its 40- year-old investment in Graham Holdings Co, the former publisher of the Washington Post, and swap most of its shares for a Miami television station and other assets.
March 12- Warren Buffett's Berkshire Hathaway Inc has agreed to shed much of its 40- year-old investment in Graham Holdings Co, the former publisher of the Washington Post, and swap most of its shares for a Miami television station and other assets.
March 12- Warren Buffett's Berkshire Hathaway Inc has agreed to shed much of its decades-old investment in Graham Holdings Co, the former publisher of the Washington Post, swapping most of its shares for a Miami television station and other assets.
CHICAGO, March 10- While it is hard to knock the advice of Warren Buffett, whose annual letter to Berkshire Hathaway Inc shareholders recently lofted down from the mountain of capitalism, some of his tips can be tweaked.
March 10- Double-digit annual returns for most U.S. public pension systems over the past two years have done little to shrink the yawning deficits facing many of them after a decade of inadequate funding, according to analysts and recent data.
In this week's Talking Squawk, the official "Squawk Box" blog—get a Warren Buffett rewind, Carl Icahn unleashed and maybe meet the next WhatsApp disruptor.
March 4- Investment banker Ken Moelis' boutique investment firm, Moelis& Co, filed to go public as it looks to take advantage of rising demand for independent advisory services and an improving market for public offerings in the United States.
The New York- based company, led by Wall Street dealmaker Kenneth Moelis, will look to take advantage of an improving U.S. IPOs by dollar volume since 2000, according to Thomson Reuters data, as large floats such as Hilton Worldwide Holdings and Plains GP Holdings lifted deal proceeds 21 percent to $56.4 billion.
March 4- Warren Buffett is seeking to reassure shareholders about how his Berkshire Hathaway Inc will perform in the decades after he steps down or dies, but remains as vague as ever about succession plans. Jeff Immelt, the CEO at General Electric Co, has been unable to get his company's share price anywhere near the heights achieved by his predecessor Jack Welch.
Warren Buffett was featured in a marathon live appearance on CNBC's "Squawk Box" on Monday. This is an unofficial transcript of all three hours.
March 3- Bill Gates has returned to the top of Forbes magazine's annual list of the world's richest people, as rising stock markets swelled the ranks of billionaires, which included a record number of women.
New York, March 3- In his most recent Berkshire Hathaway shareholder letter, the ever-folksy Warren Buffett sounds more like a personal finance guru than a financial mastermind, focusing on buy-and-hold investing and advocating indexing strategies.