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  • Warren Buffett's reputation as a technophobe may be cracking.  Today he told CNBC he'll "probably" get an Amazon Kindle as he "edges" into the 21st century.  See the video clip and read the transcript of Julia Boorstin's Sun Valley conversation with Buffett about technology, the economy, Berkshire's stock slide, and Barack Obama's chances in November.

  • Australia's IAG to Scale Back UK Operations Tuesday, 8 Jul 2008 | 8:51 PM ET

    Insurance Australia Group, Australia's top home and car insurer, announced a partial exit from its struggling UK operations, taking a charge of $333 million in fiscal 2008.

  • Parts of a roof lie on the sidewalk as trees sway in the winds of Hurricane Wilma Monday, Oct. 24, 2005 in downtown Naples, Fla. Hurricane Wilma crashed ashore early Monday as a strong Category 3 storm, battering southwest Florida with 125 mph winds. (AP Photo/Wilfredo Lee)

    The state of Florida has reluctantly agreed to pay Warren Buffett's Berkshire Hathaway $224 million now, in exchange for a promise it will be able to borrow $4 billion from Berkshire later, if the state gets severely slammed by hurricanes this year.

  • Aetna, HealthNet Down on Goldman Downgrade Thursday, 3 Jul 2008 | 10:54 AM ET

    Aetna shares dropped 5 percent and Health Net tumbled 10 percent after a Goldman Sachs analyst slapped "sell" ratings on the two health insurers' stocks Thursday.

  • Ping An Insurance Denies Talk of Tax Audit Snags Wednesday, 2 Jul 2008 | 9:39 PM ET

    Ping An Insurance on Thursday denied rumors that it was facing problems related to a tax audit, after its shares in both Hong Kong and Shanghai tumbled 10 percent the previous day.

  • Biopharma Analyst Musical Chairs Wednesday, 2 Jul 2008 | 11:16 AM ET

    In the world of nearly 400 publicly-traded biotechs, analyst coverage is especially important. Many of the firms are micro caps and when an analyst initiates coverage it can help put a baby biotech on investor and reporter radar screens.

  • UnitedHealth Cuts Outlook, Blames Tough Competition Wednesday, 2 Jul 2008 | 9:07 AM ET
    United Health Group

    UnitedHealth Group on Wednesday slashed its full-year earnings outlook because of tough competition in the health benefits business and said it would pay more than $900 million to settle lawsuits related to past stock options practices.

  • AIG Pays Former CEO a $47 Million Severance Package Tuesday, 1 Jul 2008 | 5:19 PM ET

    American International Group said it paid a $47 million severance package to former Chief Executive Martin Sullivan.

  • Property Insurers Face $5 Billion in Claims: WSJ Monday, 30 Jun 2008 | 7:12 AM ET

    U.S. property insurers face more than $5 billion in second-quarter disaster-related claims as bad weather such as extreme rain in the Midwest and New York weigh, the Wall Street Journal reported Monday.

  • As oil hit a staggering high of $142 a barrel, and stocks flirt with a bear market, CNBC visited the Chicago Mercantile Exchange to discuss the overall economic picture and the state of U.S. business.

  • sCredit Suisse building sign

    Credit Suisse is out today with a "fat" report on obesity. Nearly 200 pages. But besides its size, the research also stands out as one of the most unique pieces of Wall Street analysis I've ever seen.

  • Pfizer and the State of Statins Monday, 23 Jun 2008 | 11:15 AM ET

    As much as I tried to disconnect during my vacation last week, I couldn't escape the ubiquitous presence of pharmaceuticals in our everyday lives...

  • Jun 20: Weekly Wrap Up Friday, 20 Jun 2008 | 5:57 PM ET
    A home is advertised for sale at a foreclosure auction in Pasadena, California.

    We touched on a lot this week. From your frustrations with the housing market to navigating the jungle of health benefits, check out what's happening On the Money.

  • Moody's Cuts MBIA, Ambac Top Insurance Ratings Friday, 20 Jun 2008 | 3:53 AM ET
    MBIA

    Moody's Investors Service on Thursday stripped the insurance arms of Ambac Financial Group and MBIA of their AAA ratings, citing their impaired ability to raise capital and write new business.

  • New AIG Chief Meets With Hank Greenberg Thursday, 19 Jun 2008 | 7:12 PM ET

    Robert Willumstad, chief executive at American International Group, said he had a "positive" first meeting with former CEO Maurice "Hank" Greenberg on Thursday.

  • You need health insurance, period. So why do employers make it so painstaking to figure out?

  • Buying Opportunities in Japan and Brazil Wednesday, 18 Jun 2008 | 9:16 AM ET

    Taking a look at emerging markets such as Brazil and developing economies in Asia, but also at stocks that have not yet roused investors' interest such as Japanese companies could offer fresh buying opportunities, as there still are plenty of good shares around, Charlie Morris, manager of global trend fund at HSBC, told "Worldwide Exchange" on Wednesday.

  • Dow Hit Off the Green; Banks Score Monday, 16 Jun 2008 | 4:52 PM ET

    As the world watched Tiger Woods and Rocco Mediate take it down to the wire at the US Open, the Dow was struggling with its own rivalry: Banks were trying to lead a rally, while a handful of stocks were dragging on the blue-chip index. Oil ended down at $134.34 abarrel.

  • Stocks Tick Higher as Oil Retreats Monday, 16 Jun 2008 | 1:51 PM ET

    Stocks bounced back from an early slide as banks recovered and strength permeated techs, housing and retail stocks.  The market had opened lower as oil neared $140 a barrel and after a report from the New York Federal Reserve on regional manufacturing activity showed a worse-than-expected contraction. Lehman shares rose after the firm reported a loss on target with its pre-announcement.

  • AIG's New Chief Reaches Out to Former CEO Greenberg Monday, 16 Jun 2008 | 12:32 PM ET

    American International Group Chairman Robert Willumstad said one of the first things he did after being named chief executive was to reach out to former CEO Maurice (Hank) Greenberg, a large AIG shareholder who has had an acrimonious relationship with the insurer since leaving three years ago.

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