In what appears to be a bet consumers will stick with discount retailers even after the economy rebounds, Warren Buffett's Berkshire Hathaway increased its Wal-Mart holdings by almost 90 percent during the summer.... Read More
Just minutes after this morning's announcement that Berkshire Hathaway is paying $26 billion to acquire the 77 percent of Burlington Northern Santa Fe it doesn't already own, Warren Buffett spoke live by phone with Becky Quick and Joe Kernen on CNBC's Squawk Box.... Read More
These days in the newspaper industry, you can't expect positive news to come from an ad increase - the only upside is when cost-cutting works.... Read More
The much-anticipated deal has been done: McGraw Hill announced Tuesday afternoon that it will sell the 80-year-old weekly magazine to Bloomberg... Read More