Companies spend huge sums to get things into space, but an average of 1 in 20 launches fail. That's why they need insurance.» Read More
Warren Buffett's Berkshire Hathaway is still chipping away at the almost 20 million shares of Constellation Energy it received last December as part of its break-up fee. Today, an SEC filing lists another series of sales that brings Berkshire's stake down by 2.3 million shares to 12.5 million shares.
Stocks shed 1.8 percent Monday as investors took a breather after last week's run. The Nasdaq's drop was less severe as techs gained.
Stocks retreated Monday as investors took a breather after last week's run. The Dow was down over 100 points in the first few minutes of trading as banks declined.
Following last week's gains, stock index futures indicated a lower open for the stocks Monday as investors remained concerned about the health of the financial system as the stress-test hype wears off.
Both the S&P and Dow rose on Friday as stress test results and reassuring jobs data fueled hopes the worst is over for banks and the economy.
Warren Buffett's Berkshire Hathaway took a $1.9 billion after-tax charge at the end of the first quarter, as it sharply cut its stake in ConocoPhillips by selling shares at a loss. As a result, the company reported its first net loss for any quarter since 2001: $1.5 billion.
A new, stylish, environmentally-friendly manufactured home from a Berkshire Hathaway subsidiary is getting a lot of attention today, with a favorable comparison to Apple's popular iPod media player.
Berkshire Hathaway officials tell the AP they believe a Taiwan tycoon's accusations against Chinese electric car maker BYD are "unfounded." Hon Hai's Terry Gou has questioned Warren Buffett's decision to invest in BYD, a company Gou claims has stolen trade secrets.
Was Monday's rally a rebound — or merely shorts covering themselves? Art Cashin, UBS Financial Services director of floor operations, offered CNBC his stock market insights.
Andrew Ross Sorkin, DealBook editor for The New York Times, writes about his simple takeaway from Warren Buffett at this weekend's Berkshire Hathaway shareholders meeting.
Warren Buffett's live interview with CNBC's Becky Quick Monday morning after the weekend's Berkshire Hathaway annual shareholders meeting generated some headlines on his short-term negative/long-term positive outlook on the U.S. economy. We have already posted video clips and preliminary transcripts. Now, we have a downloadable PDF of the complete transcript.
Markets posted gains on the strength of Monday's good news from the housing and manufacturing sectors. In the meantime, Warren Buffett told CNBC that although the economy is "very slow," he remains optimistic that the economy will eventually improve. Watch the accompanying videos for more on what other experts had to say...
There’s no doubt that market volatility will remain, said Anton Schutz, portfolio manager at Mendon Capital. Here's how he's planning for it.
Complete transcript and video of Warren Buffett's live appearance on CNBC's Squawk Box this morning (Monday). He tells Becky Quick the U.S. economy is "very slow" and "getting slower" but he remains optimistic the economy will turn around eventually.
Warren Buffett tells CNBC's Becky Quick this morning the U.S. economy is "very slow" and "getting slower." But in a live Squawk Box interview in the driveway of his Omaha home, Buffett repeats his long-held optimism that the economy will get better -- he just doesn't know when.
Warren Buffett's long-time partner, Charlie Munger, is a man of few words. But when he does talk, it pays to listen. CNBC's Becky Quick sat down with him for a rare interview at this weekend's Berkshire Hathaway shareholders meeting. Here's her report, with an extensive excerpt featuring Munger's thoughts on the economy and the auto industry. You won't hear him praise the government too often!
Warren Buffett tells our Becky Quick, with a chuckle, that maybe he has "lost his touch" as some critics have suggested, after a 30 percent decline in Berkshire Hathaway stock over the past 12 months. But, the way he sees it, Berkshire beat the stock market, as measured by the S&P 500 index, making it not such a bad year after all. Here's Becky's report from this morning's Squawk Box, including an extensive excerpt of her on-camera conversation with Buffett over the weekend.
Warren Buffett made news at this weekend's Berkshire Hathaway meeting by giving shareholders a preview of the company's first quarter earnings results. He also discussed expected losses in some of the credit default swaps the company has written. Berkshire has just filed a transcript of those comments with the SEC. Here's exactly what he said.
Warren Buffett either dispensed "gloom" or kept his "sunny" long-term outlook at this year's Berkshire Hathaway annual shareholders meeting, depending on which headline you read this morning.
A record crowd of 35,000 Berkshire Hathaway shareholders hear Warren Buffett reveal that first quarter profits will be down almost 11 percent this year. But he remains very bullish on banks in Berkshire's portfolio, especially Wells Fargo.