Business Occupy Wall Street


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    Warren Buffett's Berkshire Hathaway releases its end-of-Q3 stock portfolio snapshot later today, but during his live appearance on Squawk Box this morning Buffett revealed its big secret: Berkshire has bought $10.7 billion worth of common stock in IBM.

  • The encampment in the financial district of New York City is now in its second month.

    Matt Flegenheimer of the New York Times is reporting that Occupy Wall Street's Zuccotti Park is a potential health hazard.

  • 99 percent

    Labor unions, marveling at how Occupy Wall Street has fired up the public on traditional labor issues like income inequality, are starting to embrace some of the bold tactics and social media skills of the protests, the New York Times reports.

  • Demonstrators with 'Occupy Wall Street' continue their protest at Zuccotti Park in New York on November 4, 2011.

    Small-business owners not only have strong opinions about Occupy Wall Street — they're often among those most directly affected.

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    Wall Street bonuses are set to fall by an average of 20 to 30 percent this year from a year ago, according to a closely watched compensation survey—the weakest bonus season since the financial crisis and a reflection of the leaner times confronting the industry NYT reports.

  • Hilarity ensues.

  • Occupy Wall Street protests

    There are people voluntarily living in parks all across America.

  • Demonstrators with 'Occupy Wall Street' continue their protest at Zuccotti Park in New York on November 4, 2011.

    Occupy Wall Street is occupying increasingly less public attention amid some credibility-damaging incidents and a general frustration even among its supporters with the group’s lack of a cogent message.

  • Occupy Wall Street protesters are typical of a generation growing up less educated than the one before them and looking for the government to provide them a living, venture capitalist Ken Langone told CNBC.

  • Ken Langone: OWS Babies in Adult Bodies

    Kenneth Langone, Invemed Associates chairman/president, says people should stop complaining about what they want and work hard, adding that the Occupy Wall Street protesters are babies in adult bodies, not knowing what they want to be when they "grow up." He says that the lowered literacy rate in the next generation is blamed on family structure and students lack of discipline; with Ron Baron, Baron Capital.

  • Starbuck 2011 Holiday to-go cup

    The Nutcracker featured on Starbucks' new holiday cups shows some very familiar similarities to the Guy Fawkes mask that is often associated with group Anonymous and Occupy Wall Street protestors.

  • Shoppers in crosswalk

    The oh-so-trendy NGDP movement is absolutely positive that the Fed can increase spending by announcing that it will target nominal growth. But I’m not confident that announcing new monetary policy that 99 percent of Americans will not understand is really going to drive more spending.

  • Consumer rage in an electronic age has corporate titans doing something few have so willingly done before: back-pedaling. USA Today reports.

  • An anti-capitalist banner is pictured outside St Paul's Cathedral in London, on October 31, 2011. The head of St Paul's Cathedral resigned on Monday due to criticism he faced over moves to evict protesters inspired by the Occupy Wall Street movement from outside the London landmark.

    The standoff between Occupy London Stock Exchange protestors, the Corporation of London and St Paul's Cathedral took another dramatic turn Monday afternoon as the Dean of St Paul's, the Right Reverend Graeme Knowles, resigned over his handling of the protests.

  • An activist has come up with a brand new way to protest big banks.

  • OWS march on 5th

    City Confiscate's Occupy Wall Street's Power Supply Protesters at Zuccotti Park were caught off guard this morning when firefighters confiscated a half dozen generators and gasoline that was used to power them.

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    The Economist is posting a contest by the Kauffman Foundation, which has asked top economic bloggers to describe their outlook through haiku.

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    Morgan Stanley has sent an email to employees advising them that they will be on lockdown tomorrow.

  • Wall Street Protests

    I locate a great deal of the power of Occupy Wall Street in the name itself, Occupy Wall Street, or #OccupyWallStreet. It works because the name contains everything you need to know: the tactic and the target. The name is also modular.

  • A protester holds up a sign referencing Scott Olsen, 24, a former Marine who has shot in the head by a police projectile during a protest last night.

    Anti-Wall Street protesters held a late-night march through Oakland streets, a day after one of their number — an Iraq War veteran — was left in critical condition with a fractured skull following a clash with police.