Contrary to what many observers have speculated, Burger King won't be able to justify much of the Tim Hortons deal through tax advantages.» Read More
Warren Buffett's Berkshire Hathaway closed today (Friday) at a 12-week high. The stock ended the day (and week, and month) at $134,650, up 1.9 percent on the day.
A member of the founding family of Anheuser-Busch said any talks with Belgian brewer InBev should be based on shareholder value rather than the Busch family's legacy, the Wall Street Journal reported on Thursday.
Warren Buffett's son Peter sees a bright future for the "girl effect." Today, he and his wife are joining with Nike in a $100 million investment to help "adolescent girls in developing countries bring unprecedented social and economic change to their families, communities and countries."
Warren Buffett summarizes the three "bedrock" ideas that he learned at age 19 and have helped make him the world's most successful investor.
Blame for the sub-prime crisis lies at the feet of banks who took too many risks in mortgage lending, Warren Buffett told a Madrid newspaper. Earlier, the billionaire investor said he expected a "long, deep" recession.
Warren Buffett's news conference in Milan, Italy, divided into four video clips.
So here’s the deal from the insiders I’ve talked to. All these leagues obviously have the right to reject any candidate they want, but there’s a number where it could be hard to consider anything but selling the team to a foreign owner.
Warren Buffett told reporters in Italy today that the high price of oil doesn't really affect his investment decisions. In response to a question from CNBC Europe's Anna Martin, Buffett said that while oil does affect his operating businesses, it has a similar effect on his competitors. "There's a real impact on society, but not much on our investment decisions."
Day 4 of the Warren Buffett European offensive, and expectations of an imminent bid have been managed down. Mr Buffett says he is not stalking targets, he wants companies that meet his criteria to call him. He even gave out his phone number on a number of occasions during the Lausanne press conference.
CNBC.com is planning live coverage from Milan of Warren Buffett's fourth news conference in four days. It's scheduled for 11:45a ET.You can see the entire event on our Live Video player.
Warren Buffett's news conference in Madrid, Spain, divided into four video clips.
Warren Buffett's European media blitz continues today with a news conference in Madrid. It's the third time he's met with reporters in as many days. With his customary bottle of Coca-Cola in front of him and a scratchy voice, Buffett said there would be no deals announced today or tomorrow, or anytime soon, as a direct result of his trip.
CNBC.com is planning live coverage from Madrid of Warren Buffett's third news conference in three days. It's scheduled for 12p ET.You can see the entire event on our Live Video player.
Bidding for the Annual Warren Buffett Lunch Charity Auction begins June 22 and ends June 27, according to an announcement today from a PR firm publicizing the event. The on-line auction will be conducted through eBay Giving Works. The winner gets to invite up to seven guests to join him or her for lunch with Warren Buffett at New York's Smith & Wollensky restaurant.
Shorting Buffett: Yogi Berra once said, 'Even Napoleon had his Watergate.' And in the case of Warren Buffett, his Watergate is an investment style drift which is really a no-no in the money management business. You have to stick to your knitting.
Warren Buffett's news conference today in Lausanne, Switzerland, divided into three video clips.
Warren Buffett revealed during his Swiss news conference today that he broke his toe last week during a visit to the home of his "extremely good friend" Bill Gates. And, he quipped, if his lawsuit against Gates is successful, he'll be able to increase his lead over the Microsoft chairman as the world's richest man on the Forbes list of global billionaires.
Warren Buffett tells reporters in Switzerland he can "guarantee" he won't buy a European company by the end of his tour this week. It's another indication his visit is designed to lay the groundwork for potential deals in the future, rather than actually pick up a company on the spot.
The Oracle of Omaha is looking for European businesses with pre-tax profits of at least $75 million, but he says the bigger the better. The tour began in Frankfurt, continues in Lausanne, Switzerland Tuesday and rolls on to Madrid and Milan later in the week.
Short seller Doug Kass tells CNBC's Larry Kudlow he thinks Warren Buffett has lost his way, and Kass is betting on Berkshire Hathaway's stock to fall. In an appearance tonight (Monday) on Kudlow and Company, Kass, who is President of Seabreeze Partners Management, explains why he's taken a short position in Berkshire.