Berkshire Hathaway disclosed a $4.48 billion stake in oil refiner Phillips 66, rebuilding a bet it had made in the energy industry before oil prices fell.» Read More
Warren Buffett delivered an inspirational big-money "offer" and a half-million dollar piece of advice for the hundreds of Columbia Business School students given the opportunity to attend today's CNBC Town Hall Event with Bill Gates.
Warren Buffett and Bill Gates answered questions from more than 700 cheering Columbia University students gathered in a campus auditorium for a 90-minute CNBC Town Hall event that will air at 9p ET tonight. Speaking of the severe problems last fall at the height of the crisis, Buffett said, "Our economy was sputtering" and "is still sputtering some."
Just over one hour from now, Warren Buffett and Bill Gates will appear before roughly 700 Columbia Business School students to answers questions from the "next generation" of the world's business leaders.
Warren Buffett has been named the 14th most powerful person in the world in a new ranking released tonight by Forbes .. but once again, he comes in behind his friend Bill Gates.
Stocks struggled to hold gains on Tuesday as investors took a breather after Monday's strong upward move. So is this is a skeptic’s rally or the continuation of a bull run and where should investors be looking now? Jim Lacamp, portfolio manager and advisor at Macroportfolio Advisors and Bill Stone, chief investment strategist at PNC Wealth Management shared their insights.
The Dow finished slightly higher on Tuesday. Is this rally sustainable—and how much further does the bull have to run? Eric Ross, director of US equity research at Canaccord Adams, and Rick Bensignor, head of research at Execution LLC, shared their market outlooks.
Stocks continued to rise on Tuesday, continuing Monday's rally. Two bulls, Michelle Picard, fund manager at HighMark Geneva Growth, and Mike O’Rourke, chief market strategist at BTIG Bass Trading, said the markets have further room to run.
Alice Schroeder's authorized biography of Warren Buffett is now available in a trade paperback edition. In an "updated and condensed" version of The Snowball: Warren Buffett and the Business of Life, Schroeder adds a new 31-page chapter covering events after the hardcover's publication last year. She candidly describes how Buffett made a "series of characteristic brilliant moves interspersed with some surprising errors" as the financial crisis unfolded. With thanks to Bantam and Random House, here is an excerpt from Schroeder's new material.
Plus, calls on mortgage-backed securities, China, biotech and more.
Warren Buffett's company will sell its stakes in Union Pacific and Norfolk Southern railroads before it completes its $26.3 billion acquisition of Burlington Northern Santa Fe railroad.
Warren Buffett's Berkshire Hathaway plans to sell its stakes in Union Pacific and Norfolk Southern, now that it plans to buy their competitor, Burlington Northern.
The market rose Friday in spite of the unemployment numbers. Is it a sign the bull is back?
Burlington Northern Santa Fe CEO Matt Rose says the railroad's proposed acquisition by Berkshire Hathaway is being "very warmly received" by Washington policy makers.
Warren Buffett's NetJets is putting 495 of its 3200 pilots on furlough effective January 15, as the Berkshire Hathaway subsidiary continues to cut back in the face of a slowdown in private corporate air travel.
Warren Buffett's Berkshire Hathaway could be stripped of its one remaining top-grade AAA credit rating. Standard & Poor's Ratings Services says in a news release today that it has put Berkshire on "CreditWatch with negative implications" in the wake of its announced deal to buy all of Burlington Northern Santa Fe.
As the Fed concludes its two-day meeting, most on Wall Street expect interest rates to remain low for the immediate future. But will that cause asset bubbles in stocks, real estate and currency markets? Beth Ann Bovino, senior economist at Standard & Poor’s, shared her outlook.
Warren Buffett tells CNBC's Becky Quick that Berkshire Hathaway has talked to five big financial firms about buying their tax credits. Buffett says he can't name any names due to confidentiality agreements, but notes that Berkshire has been buying tax credits since 1990 and will continue to do so in the future.
Warren Buffett announced that Berkshire Hathaway is going to acquire Burlington Northern in a $44 billion deal and said he is “betting on America.” Is it really the right time to bet on U.S. companies? Thomas Russo, partner at Gardner, Russo & Gardner, shared his insights.
How can you invest along the same principles as Warren Buffett? James Altucher, managing director of Formula Capital, shared his insights.
The S&P closed higher on Tuesday after Warren Buffett stunned the Street and purchased Burlington Northern in what the billionaire investor called a bet on the U.S. economy.