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Berkshire Hathaway Inc

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  • RPT-Buffett cuts Tesco stake to below 3 pct Thursday, 16 Oct 2014 | 6:20 AM ET

    LONDON, Oct 16- Warren Buffett, the billionaire chairman and chief executive of conglomerate Berkshire Hathaway, has cut his vehicle's stake in troubled British grocer Tesco to below 3 percent, according to a stock market notification. The filing, published on Thursday, said that on Oct. 13 Berkshire reduced its Tesco holding to "less than 3 percent."

  • Buffett reduces stake in Tesco to under 3 percent Thursday, 16 Oct 2014 | 5:48 AM ET

    LONDON— Warren Buffett's Berkshire Hathaway has reduced its stake in British retailer Tesco to under 3 percent, offering a fresh slap to the struggling company. Buffett's move, revealed in a regulatory filing Thursday, was not unexpected. He told CNBC this month that his investment in the supermarket giant was "a huge mistake by me."

  • CSX CEO says rail deals would face tough scrutiny Wednesday, 15 Oct 2014 | 10:43 AM ET

    OMAHA, Neb.— CSX railroad's top executive said Wednesday regulators are likely to be reluctant about consolidation among the major industry players because they remain concerned about service. CSX CEO Michael Ward said Wednesday the Surface Transportation Board would likely take a cautious approach to any railroad consolidation deals because there are...

  • CSX 3Q profit rises 12 percent, tops estimates Tuesday, 14 Oct 2014 | 4:09 PM ET

    OMAHA, Neb.— CSX Corp. on Tuesday said its third-quarter profit grew 12 percent to $509 million as it hauled more freight amid an improving economy. The Jacksonville, Florida- based company reported profit per share of 51 cents, beating the 47- cent average estimate of analysts surveyed by Zacks Investment Research. Zacks says analysts expected $3.16 billion.

  • CHICAGO, Oct 13- Shares of No. 3 U.S. railroad CSX Corp rose nearly 10 percent on Monday following a report of a rebuffed takeover bid by Canadian Pacific Railway Ltd, but analysts said any such deal would face significant regulatory and other hurdles. According to the report in the Wall Street Journal late on Sunday, the No. 2 Canadian railroad made a bid last week for...

  • UPDATE 2-Sears says Kmart stores hit by data breach Friday, 10 Oct 2014 | 7:36 PM ET

    Oct 10- Retailer Sears Holdings Corp said the payment data systems at its Kmart stores had been compromised, the latest in a series of computer security breaches to hit U.S. companies in recent months. "This is going to continue indefinitely until people change their practices," said Shawn Henry, a former senior cyber cop with the FBI who is now of the president of...

  • UPDATE 1-Sears detects data breach at Kmart unit Friday, 10 Oct 2014 | 6:36 PM ET

    Oct 10- Retailer Sears Holdings Corp said the payment data system at its Kmart unit had been breached, and that certain debit and credit card numbers could have been compromised. On Thursday, restaurant chain Dairy Queen, owned by Berkshire Hathaway Inc, confirmed that it may have compromised payment card information of customers across 46 U.S. states.

  • NEW YORK, Oct 10- Blackstone Group LP said on Friday it would spin off its advisory units into a company headed by star Wall Street investment banker Paul Taubman, to avoid potential conflicts of interest in the sprawling private equity empire. The new publicly traded company could be valued at $1 billion to $2 billion, a person close to Blackstone said.

  • Dairy Queen latest to suffer customer card hack Thursday, 9 Oct 2014 | 5:08 PM ET

    NEW YORK— Ice cream and fast food chain Dairy Queen is the latest retailer to reveal a hack of its customer data. It's also the parent of the Orange Julius chain, and one stand-alone Orange Julius store was breached. Dairy Queen said there's no evidence Social Security numbers, card PIN numbers or email addresses were stolen.

  • Laguna Niguel, Calif., Oct 7- Billionaire investor Warren Buffett on Tuesday predicted Democrat Hillary Clinton would run for the U.S. presidency in 2016 and win. "Hillary is going to run," said Buffett, the chairman and chief executive of conglomerate Berkshire Hathaway Inc, speaking at Fortune's Most Powerful Women Summit in Laguna Niguel, California.

  • Warren Buffett confident Hillary Clinton will run Tuesday, 7 Oct 2014 | 1:18 PM ET

    OMAHA, Neb.— Billionaire Warren Buffett says he's confident Hillary Rodham Clinton will run for president and win the job. Buffett was speaking Tuesday at Fortune magazine's Most Powerful Women conference in Laguna Niguel, California. Buffett is chairman and CEO of the Omaha, Nebraska, based Berkshire Hathaway conglomerate.

  • Former Yahoo executive nixes idea of AOL deal Tuesday, 7 Oct 2014 | 9:07 AM ET
    Tim Armstrong, CEO of AOL and Marissa Mayer, CEO of Yahoo Inc.

    Former Yahoo President Sue Decker says a merger with AOL would make little sense.

  • Tracy Britt Cool, Todd Combs and Ted Weschler Monday, 6 Oct 2014 | 6:32 AM ET
    From left: Todd Combs, Tracy Britt Cool and Ted Weschler

    Financial assistant to the chairman, investment manager and portfolio manager, Berkshire Hathaway

  • Alex Behring Monday, 6 Oct 2014 | 6:28 AM ET

    Co-founder and managing partner, 3G Capital

  • Buffett's bet on autos: Berkshire's car guy talks Sunday, 5 Oct 2014 | 1:00 PM ET
    Shoppers at the Toyota of Deerfield car dealership on October 2, 2014 in Deerfield Beach, Florida. This is a Van Tuyl Group property recently sold to Warren Buffett.

    It took only seven years for Larry Van Tuyl to decide to sell the family business to Berkshire Hathaway.

  • Buffett on stocks: 'Look at them as a business' Sunday, 5 Oct 2014 | 1:00 PM ET
    Warren Buffett

    The man known as America's greatest investor isn't bothered by stock market volatility.

  • Buffett questions report's claims on gay workers Friday, 3 Oct 2014 | 4:05 PM ET
    Warren Buffett

    Berkshire Hathaway's CEO Warren Buffett pushed back against a recent study that said his company doesn't protect LGBT employees.

  • Warren Buffett: I made a mistake on Tesco Friday, 3 Oct 2014 | 11:40 AM ET
    Warren Buffett

    Billionaire Warren Buffett says he made a big mistake investing in Tesco.

  • Cramer's Remix: Risk worth reward in these stocks Thursday, 2 Oct 2014 | 6:57 PM ET

    "I have been waiting for (the) moment where I thought the reward was better than the risk for some stocks. I think that time has come," Cramer said.

  • Lightning Round: Trinity, Berkshire Hathaway & more Thursday, 2 Oct 2014 | 6:50 PM ET

    It's time for the Lightning Round. Cramer makes the call on viewer favorites.