U.S. stock futures point to a sharply lower opening Thursday, following the 7.3 percent sell-off in Japan's Nikkei stock average. Market pros look at what's next.» Read More
Warren Buffett's Berkshire Hathaway won't be able to make good on its threat to vote against Kraft's agreement to buy Cadbury, even though Kraft had to raise its bid again to nearly $19 billion to close the deal. Due to the way it is structured, Kraft shareholders won't need to approve the issuance of new shares. Buffett, however, may have something to say about the matter when he's interviewed live tomorrow morning on CNBC's Squawk Box.
If we agree that transition to end-user demand is the critical turning point, then the next question becomes when?
"Thriving in the New Economy," is not only a celebration of capitalism, but is also loaded with stock picks and investing advice from some of the best and biggest market minds in the world.
While Gerald Levin admits his fault, Ben Bernanke points elsewhere.
The investment strategist who profitably shorted Berkshire Hathaway's stock in 2008 has a bold forecast for 2010. Appearing as guest host on this morning's CNBC Squawk Box, Seabreeze Partners' Doug Kass predicted Warren Buffett will step down in the coming year.
Live TV is best when things are happening and news is breaking right now. It's immediate and often, hopefully, more compelling.
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. This is the complete transcript of their conversation.
Warren Buffett and Bill Gates will be the 'Big Men on Campus' next month when they go to Columbia Business School to answer questions from the "next generation of business leaders" .. and CNBC's cameras will be there. We've just announced that a one-hour special town hall event, Warren Buffett and Bill Gates: Keeping America Great, will air Thursday, November 12 at 9p and 12a ET.
The man who's widely seen as most likely to succeed Warren Buffett as Berkshire Hathaway's CEO continues to deflect that speculation, telling CNBC "the last 18 months may have been Warren Buffett's most successful period."
Warren Buffett tells CNBC that while the economy "hasn't gotten worse" but also hasn't "gotten much better" over the past three months, he doesn't expect a 'double-dip' recession and sees significant improvement in residential real estate.
Warren Buffett tells CNBC he has no regrets about any of the decisions he made over the weekend one year ago when the financial crisis was at its worst. In a taped interview with Squawk Box's Becky Quick airing tonight, Buffett says he "looked hard" at a telephoned offer that Friday night to buy AIG's property casualty operation for around $25 billion, but decided against it. He also recalls that he was approached to do a reinsurance deal that might have helped clear the way for a Barclay's rescue of Lehman, but it didn't come together.
Over the past several months, Warren Buffett has been consistently bearish on the short-term prospects for the U.S. economy. Is he still just as pessimistic now, even as consumer sentiment improves and economists talk about the recession coming to an end? CNBC's Becky Quick will ask him in an on-camera interview to mark the one-year anniversary of the height of the global financial crisis.
I was fighting traffic on my way in to work today, when I heard a headline on the radio, something to the effect of, "Good news on the housing front! Foreclosures are moderating, potentially signaling an end to the housing crisis." This is why people don't trust the news. Headlines.
Amid the ongoing healthcare reform brouhaha, pharma stocks are getting buffeted.
Warren Buffett will appear live on CNBC's Squawk Box this morning (Friday) at 8:30a ET to explain why he's getting even more animated than usual. We'll also ask him about the economy and financial markets. Buffett will speak to us in the first of a series of promotional interviews for a new online animated series called Secret Millionaire's Club.
The financial system is crashing and action must be taken by the US government to convert debt into equity to produce a more stable environment, Nassim Taleb, author of "The Black Swan," told CNBC Thursday.
Cash on the sidelines is likely to now "dribble" into stocks after the gains made since early March, says Citigroup strategist Tobias Levkovich.
An interview with Liberty Media CEO Greg Maffei on Squawk Box had some interesting moments this morning. I asked Maffei whether he would be interested in taking the top job at Direct TV, which long time CEO Chase Carey recently departed to take the number two job at Newscorp.
Warren Buffett's latest assessment of the U.S. economy will be a prime topic of conversation later this morning when he appears live on CNBC television. Buffett is scheduled to be interviewed by Squawk Box co-anchor Becky Quick at 11:45a ET, just before he hosts a charity lunch at New York's Smith & Wollensky steakhouse.
Warren Buffett is scheduled for a live interview on CNBC television this coming Wednesday morning at 11:45a ET on The Call. Squawk Box's Becky Quick will be speaking with Buffett in New York City, just before his lunch with last year's charity auction high bidder.
Kernen is co-anchor of "Squawk Box,"and is based in CNBC's global headquarters in Englewood Cliffs, N.J.
Based at CNBC's global headquarters, Quick is co-anchor of "Squawk Box," CNBC's signature morning program.
Sorkin is a co-anchor of "Squawk Box," a financial columnist for the New York Times and the editor of NYT's DealBook.