Europe Opens Sharply Lower on Fed Comments
Berkshire Hathaway Inc
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U.S. energy independence is seen almost as a holy grail, and soaring shale production has heightened hopes that the country may actually get there. But not everyone's so sure.
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WASHINGTON, June 18- M&T Bank Corp will put a comprehensive plan in place to fix problems with its anti-money laundering policies that had caused regulators to put a hold on its $3.7 billion bid to buy Hudson City Bancorp. Buffalo, New York- based M&T Bank will submit a plan to the U.S.
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Observers say inefficiencies in the U.S. transportation system are helping to keep gas prices elevated, and the lack of pipelines make oil producers rely on railroads.
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They say every storm cloud has a silver lining. There's even a reason to be thankful for the recent whoosh lower.
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Merger-and-acquisition activity shows signs of improvement, Greenhill CEO Scott Bok says.
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The all-important jobs number; dollar-yen depart; Verizon's wiretap; Buffett's successor?
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U2's frontman Bono serenaded Warren Buffett at the Forbes Summit on Philanthropy, the annual gathering of 150 billionaires seeking solutions to poverty.
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Discussing whether Berkshire Hathaway's Warren Buffet leaked his possible successor at the company, with Randall Lane, Forbes. (Watch full video of Buffett & Bono at forbes.com/400-summit)
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At a Forbes event honoring Warren Buffett for his philanthropy, Bono sings about the Omaha, Neb., billionaire to the tune of "Home on the Range."
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June 5- MidAmerican Energy Holdings Co, a core part of Warren Buffett's sprawling business empire, is becoming a favorite way for the " Oracle of Omaha" to invest the billions of dollars of cash on Berkshire Hathaway Inc's balance sheet.
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Bidding for lunch with Warren Buffett has topped the $610,000 someone paid in a charity auction last month for coffee with Apple CEO Tim Cook.
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June 4- Berkshire Hathaway Inc's MidAmerican Energy Co has decided against building any new nuclear reactors in Iowa in the near future because of regulatory hurdles. A few companies however have forged ahead with construction of five new reactors- Southern Co in Georgia, Scana Corp in South Carolina and the Tennessee Valley Authority in Tennessee.
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NEW YORK, June 3- Ketchup maker Heinz Co said on Monday it has received all regulatory approvals needed to sell itself to Warren Buffett's Berkshire Hathaway Inc and Brazilian financier Jorge Paulo Lemann's private equity firm 3 G Capital. In February, Buffett and Lemann revealed their plan to team up to buy Heinz for $23.2 billion.
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Figuring out a relatively smooth and peaceful way to leave wealth to future generations is very tricky business for wealthy families, and often leads to a blood feud.
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Stocks shaved their gains in the final hour of trading Thursday, but still ended modestly higher with the Dow recovering from its worst one-day drop in nearly four weeks, as the latest round of tepid economic data suggested the Fed's bond-buying program would remain intact.
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*Data reassures that Fed won't scale back soon on stimulus. NEW YORK, May 30- U.S. stocks rose on Thursday, rebounding from the previous session's losses, as tepid economic data eased concerns the U.S.
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*Jobless claims unexpectedly rise in latest week. *Data reassures that Fed won't scale back soon on stimulus. NEW YORK, May 30- U.S. stocks rebounded on Thursday on tepid economic data that eased concerns the U.S.
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Developments in the market left Jim Cramer in awe. "It was staggeringly smart," he said.
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Buffett keeps doing deals for community-based newspapers. This one is for the "Roanoke Times."
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No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.