Price competition might be a good thing for the consumer, but Jim Cramer recommends running far from the stocks—especially in this sector.» Read More
CNBC's Becky Quick reports from the scene of a lavish dinner honoring Warren Buffett during his visit to Dalian, China. The festivities included fireworks, confetti and a princess in an egg.
Video clips of Michelle Caruso-Cabrera's summary of this morning's Warren Buffett-Jack Welch conversation on Squawk Box and Becky Quick reporting from China on the enthusiastic reception Buffett is getting in that country.
Warren Buffett and Becky Quick are on their way to China. Buffett's private jet took off a short time ago from Omaha. Becky emailed this "postcard from the road" just before departure.
Warren Buffett's private jet, with CNBC's Becky Quick aboard, just landed for refueling in Alaska en route to China. Becky emailed this "postcard from the road" a few minutes ago with details on Buffett's daily reading list.
CNBC Squawk Box Co-Anchor Becky Quick is traveling with Warren Buffett on his trip to China and Korea. Late tonight, she sent this first "postcard from the road."
A "coy" remark from Warren Buffett about an unidentified Korean stock he holds in his personal account sets off a wild guessing game among day traders.
Warren Buffett is in South Korea for his first-ever visit to that country. He's telling reporters there that valuations on South Korea stocks are generally good. Buffett remains negative, however, on the U.S. dollar and predicts subprime problems will be affecting the U.S. consumer for up to another two years.
This is the transcript of a segment on this morning's Squawk Box, in which Warren Buffett chatted by telephone with the Squawk team and guest host Jack Welch, the former Chairman and CEO of CNBC parent General Electric. Among the topics: Merrill Lynch's big write-down, the SIV "super fund", the health of the U.S. economy, the railroad industry and why lots of furniture-buyers in Boston are hoping the Red Sox win the World Series.
This morning on CNBC's Squawk Box, Warren Buffett chatted by telephone with the Squawk team and guest host Jack Welch. Becky Quick is traveling with Buffett in China, and put him on the phone to react to news this morning that Merrill Lynch had to write-down almost $8 billion in bad bets on mortgage securities and leveraged loans.
Becky Quick is ready for her whirlwind trip to Asia with Warren Buffett. I just ran into her in the hallway and she tells me she's leaving for Omaha in just a few minutes. Earlier this morning, she previewed the voyage on CNBC's Squawk Box, which she co-anchors, and which will be featuring her TV reports from the road. Here's the video clip and a transcript.
On the eve of an Asian trip that will include his first-ever visit to South Korea, Warren Buffett says the stock market there generally looks good, despite big price gains in recent years.
CNBC's Becky Quick will be traveling to Asia with Warren Buffett next week. Exclusive reports on CNBC and here on CNBC.com's Warren Buffett Watch.
After several years of buying South Korean stocks, Warren Buffett will be making his first visit to the country later this month.
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.