First, they built Rockefeller Center. Then the sold it. Now the Rockefellers are leaving the landmark 30 Rock art deco tower. The NYT reports.» Read More
Stocks declined Thursday as Treasurys erased most of their gains ahead of a 30-year bond auction and despite evidence the U.S. economy continues to improve. DuPont and Travelers fell, while BofA rose.
Another 17 individuals or families have joined Warren Buffett's "Giving Pledge," including the 26-year-old co-founder and CEO of Facebook. Mark Zuckerberg's youth contradicts with the more familiar image of a wealthy person turning to philanthropy later in his or her life. Zuckerberg asks, "Why wait?"
U.S. stock index futures added slightly to gains Thursday after weekly jobless claims fell more othan expected.
For those of you who slept in or otherwise missed Warren Buffett on ABC's This Week with Christiane Amanpour on Sunday morning, here are some links to the interview. The conversation focuses on Buffett's "Giving Pledge" but also touched on his long-standing argument that the super-rich should be paying more in taxes.
At bottom, “The Social Network” is a movie about obsession. That is a large part of the reason I’m so smitten with it: that same obsession that caused Bill Gates to drop out of Harvard to start Microsoft and that drove Steve Jobs to build the first home computer in a garage — that’s the story of Mark Zuckerberg and Facebook too, at least in Mr. Sorkin’s telling. And that obsessional quality is what Mr. Sorkin has captured better than anyone before.
Warren Buffett calls today's meeting in Beijing with 50 Chinese business and philanthropy leaders a "tremendous success" as he and Bill Gates "learned a great deal about the good work that is already underway" in China.
Warren Buffett tells CNBC that any decision by Berkshire Hathaway to buy a bigger stake in China's BYD "would depend on the price." He made the comment in an airborne interview with CNBC's Becky Quick, who is traveling in China with Buffett, Bill Gates, and a delegation of Berkshire officials.
Warren Buffett's Billionaires' Road Trip has spent the day in Shenzhen, but most of the attention is going to a dinner to be hosted tomorrow night in Beijing by Buffett and Bill Gates.
Warren Buffett and his traveling companions started their visit to China earlier today in Shenzhen with a show of support for electric-car maker BYD. Berkshire Hathaway owns a 10 percent stake in the company.
With 776 million illiterate adults in the world, and nearly three billion people that lack access to basic financial services, staring down global poverty can feel a little like standing at the base of Mt. Everest.But there is some good news.
Warren Buffett keeps his #2 slot on the new Forbes 400 list of the Richest Americans, released tonight (Wednesday). The magazine estimates Buffett's fortune at $45 billion. That's $5 billion more than last year's $40 billion.
Warren Buffett and Bill Gates will reportedly travel to China later this month to "learn how to do philanthropy" in that nation. China's Economic Observer newspaper says Gates and Buffett have invited a "select group" of 50 to 60 members of the nation's "business elite" to a "private party" in Beijing. Some of those invited, however, have declined to attend, apparently over concerns they'd be asked, or even pressured, to make a donation pledge at the event.
Six innovators and thought leaders, including Bill Gates and Larry Page, share thoughts and ideas about privacy, social media and the American dream.
Warren Buffett and Bill Gates have convinced forty of the nation's "wealthiest families and individuals" to take their "Giving Pledge." Just six weeks after issuing a challenge in Fortune Magazine to their fellow billionaires, Buffett and Gates have won a substantial number of public promises to "return the majority of their wealth to charitable causes." Buffett says today, "We've really just started, but already we've had a terrific response."
Warren Buffett's annual gift of Berkshire Hathaway Class B shares to the Bill and Melinda Gates Foundation is worth about $1.6 billion dollars this time around, lifting his total donation to $8 billion over five years .. and there's more to come.
New financing from the federal government may help biotech companies develop fuels of the future, helping reduce America's dependence on oil.
We now know a lot more about that mysterious meeting in New York last year as billionaires from around the nation, including Warren Buffett and Bill Gates, gathered for a quiet dinner in New York. The topic was not, as some suspicious people half-jokingly suggested, world domination.
America must ramp up its investment in energy research and science, Xerox Chairman and CEO Ursula Burns told CNBC Thursday, her comments coming on the heels of a new plan for energy innovation released this morning by a group of the country’s top business leaders.
It's graduation season and you know what that means — time to trot out our top leaders of business, politics and pop music to offer the kids advice as we send them off into the cruel, cruel world. Here are the 10 Best Graduation Speeches — From Will Ferrell to Steve Jobs!
In its annual ranking of the world's richest people, Forbes lists the 70 year old Slim as number one with a net worth of $53.5 billion after adding $18.5 billion over the last year to his wealth.