• Scoular hit with $17.2 mln fraud- newspaper Wednesday, 4 Feb 2015 | 4:30 PM ET

    According to the paper, Scoular sent a total of $17.2 million through three wire transfers in June to a bank in China, acting on emails sent to a Scoular executive. The emails appeared to be from Scoular Chief Executive Officer Chuck Elsea and the Omaha, Nebraska- based company's auditing firm. Court documents said the emails were generated by impostors using...

  • Berkshire's NetJets defeats $500 million IRS tax claim Tuesday, 27 Jan 2015 | 11:08 AM ET

    NEW YORK, Jan 27- NetJets Inc, the private jet-sharing company owned by Warren Buffett's Berkshire Hathaway Inc, has defeated a U.S. Internal Revenue Service lawsuit attempting to recoup more than $500 million of unpaid taxes, penalties and interest. District Judge Edmund Sargus in Columbus, Ohio, said on Monday that the IRS was bound by guidance it gave a NetJets...

  • Much warmer weather is finally on the way Tuesday, 13 Jan 2015 | 11:10 AM ET
    Commuters try to stay warm as they wait for a train on an L platform during the early morning rush in Chicago, Jan. 7, 2015.

    After a cold spell, much of the United States can expect warm weather in the days ahead, NBC News reports.

  • *Brent crude hovers near $51 a barrel. NEW YORK, Jan 8- U.S. stocks climbed on Thursday, a day after equities snapped a five-day losing skid, on expectations for continued acceleration in the U.S. economy and more aggressive action by the European Central Bank. There is a Fed that is going to be patient and pretty transparent on when they are going to raise rates and an...

  • CHICAGO, Dec 23- U.S. farmland rents for 2015 are on track to be down 5 to 10 percent from the top fees of a year ago due to lower grain prices, but landowners remain stubborn about deeper cuts and some are adding clauses to boost revenue if grain prices bounce back. We are still seeing 5-10 percent down from the extreme tops in the really strong markets where cash rents...

  • Pilots sue Buffett's NetJets over labor, privacy Wednesday, 3 Dec 2014 | 4:36 PM ET

    Dec 3- A group representing more than 2,700 pilots in contentious contract talks with NetJets Inc has sued the luxury aviation unit of Warren Buffett's Berkshire Hathaway Inc over alleged violations of federal labor and privacy laws. The NetJets Association of Shared Aircraft Pilots accused NetJets of impersonating a pilot on Twitter, baiting pilots to...

  • Two of the world's biggest seed makers, Syngenta AG and Dow AgroSciences, are responding with tightly controlled U.S. launches of new GMO seeds, telling farmers where they can plant new corn and soybean varieties and how can the use them. Beijing is taking longer than in the past to approve new GMO crops, and Chinese ports in November 2013 began rejecting U.S....

  • *Buffett to return $4.7 billion worth of shares to P&G. Nov 13- Berkshire Hathaway Inc has agreed to acquire Procter& Gamble Co's Duracell battery unit in a complex transaction that lets Berkshire Chairman Warren Buffett buy a business he has supported for two decades and shave his company's tax bill. The transaction announced on Thursday helps P&G Chief...

  • UPDATE 3-Buffett's Berkshire buys P&G's Duracell Thursday, 13 Nov 2014 | 12:09 PM ET

    *Buffett to return $4.7 billion worth of shares to P&G. Nov 13- Warren Buffett's Berkshire Hathaway Inc said on Thursday it would buy Procter& Gamble Co's Duracell battery unit in a stock swap, taking over a business the billionaire has supported for nearly two decades. The addition of Duracell, whose batteries are known for their copper-colored tops, gives...

  • The market is taking a breather, "said Jim Farrell, head of Omaha, Nebraska- based Farmers National, the largest U.S. farm management company. There hasn't been a high number of transactions, "said Randal Fransen, incoming president of the Illinois Society of Professional Farm Managers and Rural Appraisers. "There still isn't much land on the market," said Randy Hertz,...

  • Sharp drops in many of the stocks owned by Buffett's Berkshire Hathaway in recent weeks hit the sprawling conglomerate's equity portfolio hard. The loss on seven of those holdings alone totals more than $5 billion provided Berkshire's stakes have remained the same since June 30, the last date for which they were disclosed. Berkshire Hathaway did not respond...

  • The Spanish nurse infected by Ebola is moved by ambulance to Carlos III Hospital from Alcorcon Hospital on October 8, 2014 in Alcorcon, Spain.

    A nurse in Spain has become the first person to contract Ebola outside of West Africa, as an NBC News freelancer arrived in Nebraska for treatment.

  • Inside the fun at the 'Woodstock for Capitalists' Monday, 5 May 2014 | 1:29 PM ET
    Bill Gates, Charlie Munger and Warren Buffett participate in a "selfie" taken by CNBC's Becky Quick in Omaha. In a live interview, Buffett said based on his experiences with college students who visit Omaha, selfies are "all the rage." The estimated net worth of the three men in the picture: $143.1 billion.

    Beyond serious investing talk, the Berkshire Hathaway shareholders' meeting is a weekend of fun for investors and Warren Buffett fans alike.

  • 10 top brands Buffett’s Berkshire owns Monday, 5 May 2014 | 11:59 AM ET
    Billionaire investor Warren Buffett flips over a Dairy Queen Blizzard treat, the most successful product ever released in the history of Dairy Queen.

    About 38,000 people flocked to the shareholder meeting in Omaha this weekend. Here's a highlight of top brands Berkshire Hathaway owns.

  • Ackman and Valeant plot 'not fair': Gabelli Friday, 2 May 2014 | 9:53 AM ET
    Mario Gabelli

    Mario Gabelli said the partnership of activist investor Bill Ackman and Valeant Pharmaceuticals to try to buy Allergan was unfair.

  • How rising beef prices impact the consumer   Monday, 14 Apr 2014 | 4:34 PM ET
    How rising beef prices impact the consumer

    Todd Simon, Omaha Steaks senior vice president, discusses the company's effort to keep prices consistent despite the rising cost of beef.

  • Buffett's secret to giving away billions Monday, 15 Jul 2013 | 1:32 PM ET
    Warren Buffett

    In a video clip for an online course on philanthropy, Warren Buffett says he follows Adam Smith's division of labor. "I make it and somebody else gives it away."

  • Hundreds of businesses locate and expand in Neb. Tuesday, 2 Jul 2013 | 2:03 PM ET
    Nebraska Gov. Dave Heineman

    Gov. Dave Heineman says Nebraska has welcomed hundreds of businesses that chose to locate or expand in the state.

  • Kass, Berkshire's Bear, Is Ready to 'Surprise' Buffett Thursday, 2 May 2013 | 1:30 AM ET
    Doug Kass

    Hedge fund trader Doug Kass will quiz billionaire investor Warren Buffett at Berkshire Hathaway Inc's annual meeting in Omaha this Saturday.

  • Berkshire Size, Buffett Age Cloud Annual Gathering Wednesday, 1 May 2013 | 5:25 AM ET
    Warren Buffett

    Warren Buffett may be on safari for major acquisitions, which he likes to call elephants, but shareholders may wonder if his Berkshire Hathaway has become the biggest elephant in the room.