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Top News & Analysis Omaha

  • NEW YORK, Feb 25- Billionaire Warren Buffett, whose stock picks over several decades have turned Berkshire Hathaway Inc into one of the most successful conglomerates, delivered another black eye to the investment management industry on Saturday, saying investors should "stick with low-cost index funds." During the financial crisis, Buffett bet a founder of the...

  • NEW YORK, Feb 23- Warren Buffett, widely considered one of the world's best investors, is likely to tout the merits of passive investing this weekend to readers of his annual letter to Berkshire Hathaway Inc shareholders. The letter, slated for release around 8 a.m. EST on Saturday, will probably focus on familiar themes for the 86- year-old Buffett, with many...

  • NEW YORK, Feb 14- Warren Buffett's Berkshire Hathaway Inc was an aggressive buyer of stocks in last year's fourth quarter, nearly quadrupling its stake in Apple Inc and increasing its stake sevenfold in the four biggest U.S. airlines. Larger Berkshire investments such as Wells Fargo& Co, Coca-Cola Co and International Business Machines Corp are normally...

  • NEW YORK, Feb 3- Wall Street stocks climbed on Friday, with the S&P 500 nearly topping its record high, boosted by gains in financial shares as President Donald Trump moved ahead with deregulation action and a strong payrolls report. The U.S. public and private sectors created 227,000 jobs last month, according to the Labor Department, far more than the 175,000...

  • CHICAGO, Jan 31- Caterpillar Inc will move its global headquarters to the Chicago area from its longtime home in central Illinois this year, the company said on Tuesday, as it continues to grapple with weak demand for its earth-moving equipment. At the same time, Chicago has drawn in big companies such as Archer Daniels Midland Co, one of the world's largest...

  • Jan 31- The failure of Warren Buffett's favored candidate to capture the White House has not dimmed the billionaire's appetite for stocks. Buffett revealed that he has bought $12 billion of stock for his company Berkshire Hathaway Inc since the Republican Donald Trump beat Democrat Hillary Clinton in the Nov. 8 U.S. presidential election.

  • NEW YORK, Jan 20- American International Group Inc has agreed to pay roughly $10.2 billion to Warren Buffett's Berkshire Hathaway Inc to take on many long-term risks on U.S. commercial insurance policies it has already written. Berkshire's National Indemnity Co unit, led by Buffett's reinsurance chief Ajit Jain, will take on 80 percent of net losses in excess of...

  • NEW YORK, Jan 20- American International Group Inc has agreed to pay roughly $10.2 billion to Warren Buffett's Berkshire Hathaway Inc to take on many long-term risks on U.S. commercial insurance policies it has already written. Berkshire's National Indemnity Co unit will take on 80 percent of net losses in excess of the first $25 billion, with a maximum...

  • NEW YORK, Jan 11- "I like numbers," Warren Buffett says in an upcoming HBO documentary about his life. That life is now the subject of "Becoming Warren Buffett," which is being previewed for journalists this week ahead of its Jan. 30 airing on Time Warner Inc's HBO. President Richard Nixon and media mogul Oprah Winfrey, the documentary was largely narrated by Buffett and...

  • Dec 5- Warren Buffett's Berkshire Hathaway Inc could get a $29 billion boost to its book value if President-elect Donald Trump is able to slash the U.S. corporate tax rate to 15 percent from 35 percent, Barclays Capital wrote on Monday. Trump's proposed reduction could help Berkshire lower its net deferred tax liability to $21.6 billion from $50.5 billion,...

  • Dec 2- A Nebraska nonprofit on Friday said it will propose that Warren Buffett's Berkshire Hathaway Inc sell its investments in oil refiner Phillips 66 and other companies involved in fossil fuels over 12 years. The Nebraska Peace Foundation, which focuses on anti-war, civil rights and environmental issues, said it submitted a formal proposal for Berkshire...

  • Warren Buffett

    Billionaire investor and staunch Hillary Clinton-supporter Warren Buffet offers rides to voters who need a lift in Omaha, Nebraska, NBC News reports.

  • Warren Buffett

    An anonymous bidder has agreed to pay more than $3.4 million for a private lunch with billionaire Warren Buffett.

  • Warren Buffett

    Warren Buffett vigorously defended his long-standing investment in Coca-Cola, rejecting critics who say the company's drinks are harmful.

  • Warren works the floor

    Billionaire Warren Buffet talks to people on the floor of the Bershire Hathaway meeting this weekend in Omaha.

  • Why Buffett bought more IBM

    Berkshire CEO Warren Buffett addresses his purchase of more IBM shares and allegations of predatory lending at Clayton Homes.

  • Airbnb Warren Buffett childhood home

    A lucky Berkshire Hathaway shareholder can spend a free weekend in Warren Buffett's childhood home, thanks to an Airbnb contest.

  • Union Pacific on Thursday reported fourth-quarter profit of $1.41 billion.

  • TD Ameritrade infographic

    TD Ameritrade on Wednesday reported fiscal first-quarter profit of $211 million.

  • Commuters try to stay warm as they wait for a train on an L platform during the early morning rush in Chicago, Jan. 7, 2015.

    After a cold spell, much of the United States can expect warm weather in the days ahead, NBC News reports.