Berkshire Hathaway Inc


  • Jan 21- The chief executive of Tootsie Roll Industries Inc has died after more than half a century at the helm of the U.S. candy maker, sparking speculation that the company could soon be ripe for acquisition. Melvin Gordon died, aged 95, after a brief illness, according to a statement from the company he had headed since 1962. His wife, Ellen Gordon, takes over as chief...

  • Jan 16- PepsiCo Inc said it had elected an adviser at Nelson Peltz's Trian Fund Management to its board, signaling a truce between the company and the activist investor following his two- year push to split the snack and beverage maker. Heinz Co, will join the board effective March 23, and he will also be included in the slate of nominees for election to the board at the...

  • OMAHA, Neb.— CSX officials expect that cheap crude oil prices will help the economy grow and help the railroad deliver significantly better profits this year. CSX Corp. CEO Michael Ward said oil producers in the Bakken oil field can remain competitive on existing wells even if crude oil prices fell as low as $35 a barrel. Crude oil was selling for $46.40 a barrel by...

  • A look at the 5 biggest Chinese automakers Tuesday, 13 Jan 2015 | 12:05 AM ET

    A look at some of China's biggest automakers:. —Shanghai Automotive Industries Corp.: State-owned SAIC, China's biggest domestic automaker, exemplifies the successes and failures of the Communist Party's efforts to create competitive Chinese auto brands by decree. —Dongfeng Motor Corp.: State-owned Dongfeng is the local assembler for Honda Motor Co., Nissan...

  • Buffett's battery deal could fire up this stock Monday, 12 Jan 2015 | 2:40 PM ET

    Warren Buffett's deal to acquire Duracell is good news for rival Energizer. There's also hidden value in Energizer's Schick business.

  • Investment firm 3G Capital scouts new targets - WSJ Wednesday, 7 Jan 2015 | 1:53 AM ET

    Executives at the New York- based Brazilian investment firm are discussing the possibility of buying a food or beverage company such as Campbell Soup Co or even PepsiCo Inc, the newspaper reported. 3 G could collaborate with brewing company Anheuser-Busch InBev or end up taking only pieces of PepsiCo, which has a market capitalization of about $140 billion, the...

  • 2014 was a boom for some execs, bust for others Friday, 2 Jan 2015 | 5:55 PM ET

    Notable, wealthy founders and executives saw a wide spectrum of gains and losses from their company's stock movement in 2014.

  • Five US tech hubs you probably didn't know about Friday, 2 Jan 2015 | 8:05 AM ET

    These cities might just be the next Silicon Valley.

  • Goldman: Here's how to play rising interest rates Friday, 26 Dec 2014 | 1:25 PM ET
    Traders on the floor of the New York Stock Exchange.

    According to Goldman Sachs strategists, the answer is fairly simple: Bet on companies that don't see so much turnover in their shares.

  • All of Buffett's bad bets add up to a big year Tuesday, 23 Dec 2014 | 8:00 AM ET
    Warren Buffett

    If you think Buffett has lost his touch—with IBM, Coke and Exxon bets all dogs—then why is Berkshire Hathaway crushing the S&P 500 in 2014?

  • BEIJING, Dec 23- Investor Warren Buffett's NetJets Inc has been caught by surprise by headwinds in China amid Beijing's austerity drive and a slowing economy, the business aircraft supplier's chief executive officer said. Less than three months after NetJets won regulatory approval to provide charter services in China, business in and around China is...

  • Dec 22- Procter& Gamble Co said it would sell its soap brands Camay and Zest to Unilever Plc for an undisclosed amount to focus on its faster-growing brands. The company will also sell its Talisman facility in Mexico to Unilever. The Cincinnati- based company sold its Duracell battery business to Berkshire Hathaway Inc in November and its pet food business in...

  • Warren Buffett’s big China car bet just lost $1B Thursday, 18 Dec 2014 | 10:07 AM ET
    Warren Buffett, Chairman and CEO of Berkshire Hathaway answers questions at a press conference at which Detroit was named the 11th city to be included in the $500 million Goldman Sachs initiative at Ford Field.

    Warren Buffett took a hit when shares in Chinese car company BYD plunged on Thursday, The New York Times reports.

  • UPDATE 1-Jefferies in talks to sell futures business Tuesday, 16 Dec 2014 | 9:33 AM ET

    Dec 16- Investment bank Jefferies Group LLC, owned by Leucadia National Corp, reported a quarterly net loss and said it was in talks to sell its futures brokerage. Jefferies bought the business, formerly known as Prudential Bache, from Prudential Financial Inc in 2011 for $430 million to expand into a full-fledged investment bank. Leucadia, which models itself on...

  • Shockingly boring millionaire investing secrets Thursday, 11 Dec 2014 | 9:59 AM ET

    Millionaires love a certain stock that fits in your pocket, but overall are surprisingly conservative investors, a CNBC survey reveals.

  • Buffett now the world's most generous man Tuesday, 9 Dec 2014 | 10:02 PM ET
    Warren Buffett Big Head by Fathead

    Go big or go home seems to be Warren Buffett's mantra when it comes to philanthropy.

  • Lightning Round: Liked this since first show Tuesday, 9 Dec 2014 | 7:19 PM ET

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Cramer Remix: McDonald's reminds me of Kesha Tuesday, 9 Dec 2014 | 7:05 PM ET

    "Mad Money" host Jim Cramer is rapping about the recent performance of some of the biggest names in the market, from McDonald's to Netflix

  • Warren Buffett

    Berkshire Hathaway's specialist commercial insurance arm has secured its first permit to operate outside the U.S. The Financial Times reports.

  • Buffett now No. 2 as shares surge to all-time high Monday, 8 Dec 2014 | 5:02 PM ET
    Warren Buffett

    Warren Buffett has moved ahead of Mexico's Carlos Slim on the Forbes ranking of billionaires, thanks to big gains for Berkshire shares.