It's not inconceivable Warren Buffett might be interested in buying a piece of the Chicago Cubs, but there's a big reason to doubt a deal will happen.
Warren Buffett's Berkshire Hathaway is buying the owner of Omaha's daily newspaper, the World-Herald. In a news release, Buffett is quoted as saying the World-Herald "delivers solid profits and is one of the best-run newspapers in America." The release also notes that Buffett sees the purchase as "consistent" with a past owner's "vision for local ownership." The purchase is somewhat surprising, as Buffett has often conceded that while he loves newspapers, the industry doesn't have a very bright future.
Longtime baseball fan Warren Buffett tells the New York Times who he thinks will be the next home run King after Barry Bonds, why he doesn't own a major-league team and what he learned about investing from Boston Red Sox great Ted Williams.
BATS issued a correction of statement made by BATS Global Markets President William O’Brien during a CNBC interview.
The S&P 500 briefly touches an all-time high before crumbling. Investors rotate out of high-fliers like biotechs.
After a string of regulatory mishaps including loose oversight of money-laundering controls, JPM is taking no chances.
Hedge funds and other Wall Street firms have used an unlikely counselor for the past year: a former top economist for President Obama.
The March payrolls missed Wall Street's estimates, but the jobs market is not as bad as we thought it was.
Happy Friday, and welcome to the Morning Six-Pack's monthly nonfarm payrolls special edition!
In addressing high-frequency trading, don't expect regulators to do anything radical anytime soon.
Large private equity firm Hellman & Friedman hopes to raise around $8.9 billion for a new investment fund starting in May, according to Bloomberg.
In spite of relentless global uncertainty, the IPO deluge continues and markets are extending their rally.
A week after the surprise exit of investment bank co-chief Mike Cavanagh, JPMorgan Chase is bracing for another management reshuffle, sources said.
At a time when bitcoin prices are falling sharply, at least one cryptocurrency advocate thinks the long-term direction is up—way up.
While it would be understandable if Bill Gross was mourning his firm's results, the Pimco founder took time out to rue the demise of his pet cat.
Happy Thursday. Let's try to front run the news of the day.
In a video created by the University of Nebraska-Lincoln, Warren Buffett gives the school's chancellor some good advice on writing tweets.
Warren Buffett says he's addicted to Bridge. To emphasize just how much, he told CBS News, "You know, if I'm playing bridge and a naked woman walks by, I don't ever see her."
Prominent private equity firm KKR is seeking $2 billion for a fund to make global infrastructure investments, according to Bloomberg.
The debate sparked by Michael Lewis' new book is great for water cooler banter, but less significant when trying to measure actual costs to investors.