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Berkshire Hathaway Inc

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  • California Attorney General Bill Lockyer formally announces a lawsuit against a Sempra Energy affiliate, alleging that its traders manipulated electricity prices during the state's 2000-01 energy crisis, at a news conference in Sacramento, Calif., Wednesday, Nov. 16, 2005. (AP Photo/Steve Yeater)

    California's Treasurer isn't welcoming Warren Buffett's move into the bond insurance business.  He's even talking about getting the state into the business itself to compete with Berkshire Hathaway's conservative, and pricey, view of risk in the muni bond market.

  • Bill Gates, left, Melinda Gates and Warren Buffett pose for a picture after a press conference Monday, June 26, 2006 in New York.  Warren Buffett, the chairman of Berkshire Hathaway, recently announced his intention of giving 10 million shares of his company to charitable organizations, the majority going to the Bill and Melinda Gates Foundation.  (AP Photo/Seth Wenig)

    The primary beneficiary of Warren Buffett's plan to give away almost all of the money that's made him the wealthiest person in the world will sell most of the Berkshire Hathaway shares it's already received from Buffett.  In a filing with the SEC, the Bill & Melinda Gates Foundation Trust reveals it has adopted a written sales plan to sell 550,000 of the 975,000 Berkshire Hathaway Class B shares it now owns.

  • Warren Buffett's performance vs. pay ratio, already enormous by Corporate America's standards, got even more impressive in 2007. In a SEC filing ahead of Berkshire Hathaway's annual meeting in early May, the company lists an annual salary of $100,000 for its Chairman and CEO.

  • One of the Berkshire Hathaway executives who is widely seen as a top candidate to eventually take over Warren Buffett's CEO duties, says we shouldn't read anything special into his decision to step down as chief executive at MidAmerican Energy Holdings. David Sokol tells the Omaha World-Herald it was simply time for veteran President Gregory Abel to step up at Berkshire's energy subsidiary.  Some Buffett-watchers say they think it increases the odds Sokol is on Berkshire's short list to be the next CEO.

  • David Sokol, the CEO of Berkshire Hathaway's utility subsidiary MidAmerican Energy Holdings, will give up that post at the company's board meeting next month, but will remain chairman.   Sokol, who is 51 years old, has been "mentioned" as a candidate to become CEO of Berkshire Hathaway when Buffett, now 77, gives up the job, according to an AP story on CNBC.com today.

  • Stop Trading!: Will This Rally Continue? Tuesday, 11 Mar 2008 | 3:25 PM ET

    Yes, Cramer says, but not for long. Plus, more on WaMu and Deere.

  • Seven years after Warren Buffett's Berkshire Hathaway invested $300 million in White Mountains Insurance Group, it is selling its 16.3 percent stake in a $836 million deal.

  • Berkshire to Sell White Mountains Insuarance Stake Monday, 10 Mar 2008 | 8:49 AM ET

    Warren Buffett's Berkshire Hathaway will sell its 16.3 percent stake in White Mountains Insurance Group Ltd in a transaction valued at $836 million, seven years after investing in the Bermuda-based insurer, White Mountains said Monday.

  • Billionaire investor Warren Buffett helps Democratic presidential candidate, Sen. Hillary Rodham Clinton, D-N.Y., raise campaign funds in San Francisco, Calif., Tuesday, Dec. 11, 2007. Bufffett, who has said he would be happy with either Clinton or Sen. Barack Obama, D-Ill., as the next president, already helped Clinton raise at least $1 million during a June event in New York. (AP Photo/Paul Sakuma)

    Warren Buffett's big multi-billion dollar bet that stocks won't end up lower years from now gets some attention and analysis in this weekend's Barron's.  Essentially, Berkshire is using long-term options contracts as a way of selling 'catastrophe' insurance. In this case, however, the potential catastrophe isn't a hurricane or a flood, it's the possibility that stocks will wind up lower after 15 or 20 years.

  • Richest Companies vs. Richest Individuals Thursday, 6 Mar 2008 | 12:34 PM ET

    Forbes just released its annual list of the world's wealthiest individuals, with Warren Buffett climbing to the number one spot.  Here is the list of largest companies by Market Cap on the S&P 500. 

  • Warren Buffett is now the world's richest person, topping the just-released Forbes 2008 ranking of global billionaires, with an estimated wealth of $62 billion.  He bumps Microsoft's Bill Gates from the number one spot, a position Gates held for 13 consecutive years.  Mexico's Carlos Slim is number two.

  • Billionaire investor Warren Buffett, right, and Microsoft Chairman Bill Gates participate in a Q & A session with students at the University of Nebraska-Lincoln's College of Business Administration, in Lincoln, Neb., Friday, Sept. 30, 2005.(AP Photo/Nati Harnik)

    Warren Buffett tells CNBC's Becky Quick, with his familiar laugh, that he was able to replace Microsoft's Bill Gates as the world's richest person because he "spends less."  In a brief off-camera telephone chat about Forbes' new list of global billionaires, with Buffett and his estimated $62 billion in the top position, the Berkshire Hathaway chairman joked that "it's a tribute to thriftiness."

  • Mexican tycoon Carlos Slim.

    Tomorrow (Wednesday, March 5) at 6pm ET, Forbes officially releases its annual list of the world's billionaires .. ranked primarily, of course, by net worth.  Warren Buffett was number two on the 2007 list.  He has some serious competition this time around.

  • Another Monday, another volatile market.  CNBC asked the experts what they suggest investors do now.

  • In a series of exclusive live appearances on CNBC's Squawk Box this morning, Warren Buffett told us that by a "common sense definition", the U.S. economy is already in a recession, even if it hasn't met the technical definition of two consecutive quarters of negative growth.  He restated, however, his view that over the long-run the U.S. economy will do fine and that each generation will live better than the one before it.

  • Investor Warren Buffet participates in the Treasury Conference on U.S. Capital Markets Competitiveness, Tuesday, March 13, 2007, at Georgetown University in Washington.  (AP Photo/Gerald Herbert)

    Warren Buffett's annual letter to the shareholders of Berkshire Hathaway, and the entire financial world, will be released later today (Friday, March 3) around 4:30pm ET. We'll also get Berkshire Hathaway's fourth quarter earnings report. That's going to be a lot of conversation starters for Buffett's live appearance on CNBC's Squawk Box Monday morning (6am ET) with Becky Quick. (Buffett will also be answering many of the email questions you've been submitting to us.)

  • Warren Buffett Wants to Know What YOU Predict Thursday, 28 Feb 2008 | 9:30 PM ET

    Warren Buffett asked our Becky Quick to poll the CNBC audience to see what you predict...

  • Your Chance to Ask Warren Buffett a Question Wednesday, 27 Feb 2008 | 6:07 AM ET

    Warren Buffett will respond to some of your email questions about his annual letter to Berkshire shareholders this coming Monday morning, March 3, live from Omaha, exclusively on CNBC's Squawk Box. Here's how you can send us a question that might be answered by the Oracle himself.

  • In a live on-set interview during today's Closing Bell on CNBC, MBIA's new CEO Jay Brown told us he's "comfortable" going up against Warren Buffett's new bond insurance company, although he acknowledges that Berkshire Hathaway can be "tough" competition.  In response to a question about Buffett "going after" his business, Brown suggested Buffett might not be in it for the long haul.

  • Warren Buffett, right, chairman of Berkshire Hathawy Inc., speaks to the media while Ron Ferguson, chairman and chief executive officer of General Re, listens in New York on Friday, June 19, 1998. Berkshire Hathaway Inc. is buying General Re for $22 billion worth of stock, adding one of the world's leading insurers of insurance companies to its portfolio. Berkshire announced Friday after the stock market closed that it would let General Re operate independently of its other insurance operations,

    Four former executives of Berkshire Hathaway's General Re have just been found guilty in a closely watched criminal fraud trial that could have brought Warren Buffett to the witness stand.  A former executive of American International Group was also convicted by the jury, following a one-month federal court trial in Hartford, Connecticut.