Alex Crippen is senior coordinating producer at CNBC.com. He started with CNBC television in 1990. Crippen began his media career in affiliate TV and news radio. He holds a degree in economics from Wesleyan University.
Warren Buffett is in South Korea for his first-ever visit to that country. He's telling reporters there that valuations on South Korea stocks are generally good. Buffett remains negative, however, on the U.S. dollar and predicts subprime problems will be affecting the U.S. consumer for up to another two years.
This is the transcript of a segment on this morning's Squawk Box, in which Warren Buffett chatted by telephone with the Squawk team and guest host Jack Welch, the former Chairman and CEO of CNBC parent General Electric. Among the topics: Merrill Lynch's big write-down, the SIV "super fund", the health of the U.S. economy, the railroad industry and why lots of furniture-buyers in Boston are hoping the Red Sox win the World Series.
This morning on CNBC's Squawk Box, Warren Buffett chatted by telephone with the Squawk team and guest host Jack Welch. Becky Quick is traveling with Buffett in China, and put him on the phone to react to news this morning that Merrill Lynch had to write-down almost $8 billion in bad bets on mortgage securities and leveraged loans.
Becky Quick is ready for her whirlwind trip to Asia with Warren Buffett. I just ran into her in the hallway and she tells me she's leaving for Omaha in just a few minutes. Earlier this morning, she previewed the voyage on CNBC's Squawk Box, which she co-anchors, and which will be featuring her TV reports from the road. Here's the video clip and a transcript.
On the eve of an Asian trip that will include his first-ever visit to South Korea, Warren Buffett says the stock market there generally looks good, despite big price gains in recent years.
CNBC's Becky Quick will be traveling to Asia with Warren Buffett next week. Exclusive reports on CNBC and here on CNBC.com's Warren Buffett Watch.
CNBC's Becky Quick reported live by phone a few minutes ago from Warren Buffett's private jet, heading to a refueling stop in Anchorage and then on to China. WWarren then came on the line to 'duck' a question from Mark Haines on currencies. Here's the video clip and transcript from Squawk on the Street.
What does Warren Buffett think is the most powerful force in the universe? It's certainly not money. Here's what he told a group of 98 Harvard students who went to Omaha over the weekend "in search of business wisdom," as reported this morning by the Harvard Crimson.
While the Save Darfur Coalition mildly "applauded" Berkshire Hathaway's PetroChina sales, even if they weren't driven by human-rights concerns, another group that's been urging Warren Buffett to divest is more direct in its criticism.
"I'd be very surprised if five years from now we aren't a whole lot bigger," the billionaire investor said.
The economic impact of cost cuts expected from the Kraft-Heinz merger announced Wednesday will likely be limited.
Kraft Foods Group stock surges after the company announced a merger deal with H.J. Heinz.
Warren Buffett says Berkshire Hathaway will have $9.5 billion worth of common stock in the new H.J. Heinz-Kraft Foods company.