CNBC's Becky Quick hears billionaire investor Warren Buffett's feelings about the danger of inflation.
It's a royal-free Friday on CNBC. No weddings, just our own type of drama ahead of the annual Berkshire Hathaway getaway. Throw in some blue chip earnings and a high-profile guidance cut. Here's what we're watching…
Lawyers for Berkshire Hathaway and David Sokol fire off deuling public statements after the company's Audit Committee publicly accuses Sokol of betraying Berkshire.
Warren Buffett tells CNBC he wants to make his first public comments to shareholders this weekend about tonight's blistering report by Berkshire Hathaway's Audit Committee on David Sokol's Lubrizol trades.
General Electric, the world's largest conglomerate with products ranging from light bulbs to turbines, has been rocked by controversies and dogged by slow growth during the tenure of Chief Executive Officer Jeffrey Immelt, dividing investors on whether the company's stock is a buy or sell. ...A report from TheStreet.
Investing is a cold-hearted endeavor, and as the response to the BP spill evolved, investors tried to find ways to profit from it. Shares of oil-dispersant maker Nalco rose in the wake of the disaster but have since fallen, as its product is alleged to have been as bad for the ecology as the oil that spilled.
Markets quake after S&P touches the third rail. Goldman reports earnings without Buffett on its back. Research In Motion preps its unloved tablet and McDonald's conducts a supersized job fair. Here's what we're watching…
Warren Buffett has received an unwanted check for more than $5.5 billion from Goldman Sachs. CNBC's Becky Quick confirmes the payment has been made. It is right on schedule, but not welcome.
During his illustrious career, Warren Buffett has ventured into a vast number of market sectors. Energy is a major component of Buffett's empire. And his investment goes way beyond oil. ...A report from TheStreet.
Some questions put everyone to sleep; others make people sweat. Both are dangerous.
Peek inside the portfolio of top fund manager Whitney Tilson. Check out his 2 new buys.
Last week's attack on Warren Buffett by Wisdom Tree Investments Chairman Michael Steinhardt was "inappropriate and misses the point," Omega Chairman Leon Cooperman told CNBC Tuesday.
Cramer took questions from viewers and gave his call on stocks home gamers asked about.
Roger Altman, chairman of Evercore Partners, told CNBC Thursday AT&T's deal for Deutsche Telekom's T-Mobile will be approved by anti-trust regulators. He also defended Berkshire Hathaway and Warren Buffett.
Warren Buffett is the "greatest PR person of recent times" and has "managed to achieve a snow job that has conned virtually everyone in the press," Wisdom Tree Investments Chairman Michael Steinhardt told CNBC.
Warren E. Buffett has a favorite saying: “Lose money for my firm, and I will be understanding. Lose a shred of reputation for the firm, and I will be ruthless.” But as speculation of insider trading swirls around Mr. Buffett’s onetime heir apparent, David L. Sokol, it has to be asked: Why hasn’t Mr. Buffett been ruthless?, reports the New York Times.
Stocks ended off the highs of the day as technology slumped, but a surprisingly strong jobs report gave a lift to the market as it ended higher for a second straight week. Caterpillar and GE rose, while Intel fell.
Stocks recovered some ground in the final minutes of trading on the strength of industrials and financials after what had largely been an upbeat session following a surprisingly strong March jobs report. Caterpillar and GE rose, while Intel fell.
The sudden resignation of David Sokol, widely considered by many to be the heir apparent to the 80-year old Warren Buffet, is clouded in controversy and perceived conflicts of interest. It has left investors shocked and confused. It has also highlighted the huge challenge facing Berkshire Hathaway – how to find the next Buffet. This task is clearly no easy pursuit.
Stock index futures added to gains on Friday after the government said nonfarm payrolls rose more than expected, and the unemployment rate fell, providing a strong signal that the U.S. economic recovery is on track.