Dec 9- U.S. fertilizer company Mosaic Co said on Monday that it would buy back about 10 percent of its outstanding stock in a roughly $2 billion purchase from the Margaret A. Cargill Foundation and the Anne Ray Charitable Trust over the next eight months. In late-morning trading, however, Mosaic shares slipped 1 percent in New York to $46.31, touching a one-month low.» Read More
The rich are sitting firmly in the public cross hairs, especially as the economy continues to stumble. Reports that Wall Street bonuses will again be high, and the debate in Congress over tax increases for the wealthy, just add to the outrage.
Billionaire hedge fund manager Leon Cooperman told CNBC Tuesday he will donate most of his fortune to charity in order to help needy people get out of poverty.
Last Wednesday, PLB Sports founder Ty Ballou was at his charity event in western Pennsylvania when his son Ryan got a call on his cell phone. It was a reporter from WCPO. A viewer had called the number on the box meant to be for Feed the Children, but it instead turned out to be a phone sex hotline. Ballou went to his car and dialed the number and sure enough, it was a phone sex line.
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'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.
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.
Mark Zuckerberg, chief executive and a founder of Facebook, has agreed to donate $100 million to improve the long-troubled public schools in Newark.
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.
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."
How much do you know about modern-day Renaissance man George Foreman? Take our quiz and find out.
The Indian firm is not the first microlender to go public but there has long been debate over whether social enterprises should be turned into giant commercial operations., reports The New York Times.
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.
After failing to set a record last year, the winning bid for this year's charity lunch with Warren Buffett soared to $2,626,311. That easily tops the $2.1 million that set a record in 2008.
No bids yet in this year's charity auction of a Power Lunch for 8 with Warren Buffett. Just over 12 hours into the 5-day EBay auction, no one has made the starting minimum bid of $25,000. It's just a matter of time.
Online bidding on EBay for the annual "Power Lunch" with Warren Buffett begins Sunday evening, June 6 and ends Friday, June 11 at 10:30p ET.
Warren Buffett is in New York City today to host the high bidders from last year's "lunch of a lifetime" charity auction. Canada's Salida Capital paid $1.68 million for the steak meal, and the opportunity to have eight guests ask Buffett questions, with no time or subject-matter limit.
From Macy’s to Williams-Sonoma and Sears, retailers are tying more purchases to a worthy cause, banking on the premise that socially conscious buying is in and conspicuous consumption is out.
Warren Buffett and Bill Gates will be the 'Big Men on Campus' next month when they go to Columbia Business School to answer questions from the "next generation of business leaders" .. and CNBC's cameras will be there. We've just announced that a one-hour special town hall event, Warren Buffett and Bill Gates: Keeping America Great, will air Thursday, November 12 at 9p and 12a ET.
No one can know exactly what Finn M. W. Caspersen, a prominent philanthropist and the heir to the Beneficial Corporation fortune, was thinking when he decided to take his life on Labor Day. But he apparently harbored a secret: He was suspected of dodging many millions in federal taxes.
The price of lunch with Warren Buffett has gone down since last year but it's still not cheap. Tonight (Friday), this year's charity eBay auction ended at $1,680,300. The winner wants to be anonymous. That's 20 percent below last year's record $2.1 million but 2-1/2 times the previous year's price.