Warren Buffett tells CNBC that consumer sales by Berkshire Hathaway companies have remained "very, very soft" in recent weeks. In a taped interview with Julia Boorstin today (Thursday) at Herb Allen's Sun Valley media retreat, Buffett says he'll know when things pick up because he gets constant updates on sales from his companies.
Warren Buffett is repeating his call for a second economic stimulus package, telling ABC News the first one passed earlier this year was excessively diluted by lawmakers' pet spending projects, like "half a tablet of Viagra mixed with candy."
Sam Stovall of Standard & Poor's and Christopher Zook of Caz Investments had some bad news and some good news. They each think the economy still looks awful — but there are ways to play it.
Salida Capital, described as "one of Canada's leading alternative investment management firms," was the previously-anonymous winning bidder of this year's Warren Buffett charity lunch auction.
The Chinese investor who donated $2.1 million dollars for lunch in late June with Warren Buffett says his "tip from a friend" was not designed to influence the stock price of a relatively little known retailer in China.
Warren Buffett's annual gift of Berkshire Hathaway stock to the Bill and Melinda Gates Foundation is worth $1.25 billion this year, a drop of over 30 percent from last year's $1.8 billion.
A humorous video clip shown to shareholders featuring Warren Buffett as a mattress salesman is part of a marketing campaign for a real Nervous Nellie model available from Berkshire subsidiary Nebraska Furniture Mart. Built for troubled times, it features a hiding place for cash and other valuables.
Warren Buffett's Berkshire Hathaway is losing to the benchmark S&P 500 stock index as the first half of the year comes to a close. Buffett's three-year winning streak is at risk.
The major indexes ended trading up Monday. How should you read it? Art Cashin, director of floor operations at UBS Financial Services, joined CNBC Monday afternoon to offer his stock-market outlook.
Considering shares of Berkshire Hathaway are down about 10% year to date, is it still a good idea to bet on Buffett?
Warren Buffett likes to say, "It's only when the tide goes out that you know who's been swimming naked." That's his way of saying a downturn exposes those who had been taking on excessive risk when times were good. The other side of the tide is featured in a glowing report on Berkshire Hathaway today from a stock analyst initiating coverage with an "outperform."
Bidding for next year's charity lunch with Warren Buffett has accelerated as the auction goes into its final day. The high bid stands at $456,789 with less than 10 hours remaining until the eBay auction closes at 10p ET tonight (Friday.) There's still a long way to go, however, to top last year's record $2.1 million tab.
To help keep you afloat, our research shows that the two actions any business owner must take personal ownership of are lead generation and lead conversion—how you attract customers and convert them to closed sales, writes guest blogger, Jay Papasan.
Download the full transcript of Warren Buffett's headline-generating live interview on June 24, 2009 with CNBC's Becky Quick.
Recessions are like a 12-step program: First you're shocked. Then you panic. But now that we're in the seventh inning, we're starting to loosen up a little. We're putting the fun back in "FUNemployment." Click here to check out some of the fun, new recession buzzwords.
Warren Buffett appeared live on CNBC with Becky Quick today, Wednesday, June 24, 2009. Buffett told us the economy is in a "shambles" with no signs of a recovery anytime soon. He also criticized Apple for not disclosing earlier that CEO Steve Jobs had received a liver transplant. This is a transcript of their conversation.
In a live interview on CNBC today, Warren Buffett said there has been little progress over the past few months in the "economic war" being fought by the country. "We haven't got the economy moving yet."
Warren Buffett told CNBC that Apple has been too secretive about the health problems facing CEO Steve Jobs, saying the company should have immediately disclosed Jobs' liver transplant.
Warren Buffett's latest assessment of the U.S. economy will be a prime topic of conversation later this morning when he appears live on CNBC television. Buffett is scheduled to be interviewed by Squawk Box co-anchor Becky Quick at 11:45a ET, just before he hosts a charity lunch at New York's Smith & Wollensky steakhouse.
Newsletter writer and frequent CNBC guest Dennis Gartman isn't standing behind his reported "Warren Buffett is an idiot" quote. But Gartman does tell CNBC it's "inexcusable" that Berkshire Hathaway fell 45 percent in one year because Buffett didn't do enough to "mitigate" his losses in a tough market environment.