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  • NEW YORK, Feb 4- Rajat Gupta, a former director of Goldman Sachs Group Inc and global managing director of McKinsey& Co, has persuaded a federal appeals court to take a fresh look at overturning his 2012 insider trading conviction. In an order on Thursday, the 2nd U.S. Circuit Court of Appeals in New York said it will review Gupta's conviction for having passed tips to...

  • OMAHA, Neb.— Berkshire Hathaway has purchased nearly 1.7 million more shares of Phillips 66 to give it ownership of almost 14 percent of the oil refiner. Berkshire Hathaway owns about 90 subsidiaries in a variety of industries, including insurance, utilities, railroads, retail and manufacturing. It also holds major investments in Coca-Cola Co., Wells Fargo& Co.,...

  • Feb 3- Lloyd Blankfein, chief executive and chairman of Goldman Sachs Group Inc, said on Wednesday he was "feeling great" after his cancer treatment. The New Yorker is credited with helping to keep the company afloat during the financial crisis with an early decision to rein in exposure to risky mortgage-backed securities and a successful appeal to Warren...

  • CARSON CITY, Nev.— NV Energy is proposing "grandfathering" existing rooftop solar customers into lower rates if they installed their system or applied for one by Sept. 10, 2015, although it defers to regulators to decide how much of a benefit those customers would receive. "This is now the second bait and switch from Berkshire Hathaway's Nevada utility," said Bryan...

  • Berkshire Hathaway annual meeting is going online Monday, 1 Feb 2016 | 3:11 PM ET

    OMAHA, Neb.— Now anyone with an Internet connection will be able to watch Warren Buffett dispense his investing insights. Berkshire Hathaway is streaming its annual meeting online for the first time ever this spring. Berkshire's Chief Financial Officer Marc Hamburg confirmed the change to the Omaha World-Herald.

  • Berkshire resumes buying Phillips 66 stock Saturday, 30 Jan 2016 | 12:14 PM ET

    Jan 30- Berkshire Hathaway Inc, the conglomerate run by Warren Buffett, has resumed its purchases of Phillips 66 stock, and spent roughly $832 million in January to boost its stake even as the oil refiner's profit margins narrowed. According to a regulatory filing on Friday night, Berkshire paid about $198 million this week for 2.54 million Phillips 66 shares, its...

  • Warren Buffett plans to webcast annual meeting Friday, 29 Jan 2016 | 5:26 PM ET
    Warren Buffett, chairman of Berkshire Hathaway Inc. (left), plays pingpong with Bill Gates, chairman and founder of Microsoft Corp. and a Berkshire Hathaway Inc. director, at the Berkshire Hathaway annual shareholder meeting in Omaha, Nebraska, on May 3, 2015.

    Warren Buffett's Berkshire Hathaway plans to webcast its annual meeting for the first time.

  • Buffett will be advisor for 'Celebrity Apprentice' Thursday, 28 Jan 2016 | 11:19 AM ET
    Warren Buffett

    Warren Buffett continues to raise his public profile with an upcoming appearance on the new season of NBC's "The Celebrity Apprentice."

  • Warren Buffett has gifted $32M in stock since July Thursday, 28 Jan 2016 | 11:13 AM ET

    OMAHA, Neb.— Billionaire Warren Buffett has given unnamed individuals and charities more than $32 million worth of Berkshire Hathaway stock since late July. The gifts, disclosed in documents filed with the Securities and Exchange Commission this week, are a relatively small part of Buffett's plan to give most of his $58.3 billion fortune to charity.

  • Early movers: UTX, TUP, FCAU, ANTM, AAPL & more Wednesday, 27 Jan 2016 | 7:52 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Bits of wisdom from 10 top business execs Friday, 22 Jan 2016 | 3:23 PM ET
    Bill Gates and Warren Buffett.

    From advice they've received to their own motivational nuggets, here are bits of wisdom from some of business' boldface names.

  • New guilty plea in big U.S. insider trading hacking case Wednesday, 20 Jan 2016 | 7:05 PM ET

    Jan 20- A trader from an Atlanta suburb admitted to involvement in what U.S. authorities have called a more than $100 million international insider trading scheme that involved hacking into networks that distribute corporate news releases. Attorney Paul Fishman in New Jersey. Another trader from Alpharetta, Alexander Garkusha, pleaded guilty last month in...

  • Buffett on track to lose $2 billion in Friday rout Friday, 15 Jan 2016 | 2:21 PM ET
    Warren Buffett

    Warren Buffett is having a VERY bad day.

  • Warren Buffett digs deeper into his big oil bet Friday, 15 Jan 2016 | 9:53 AM ET
    Warren Buffett

    Amid the wreckage of the crude oil market, Warren Buffett is extending his bet on an oil giant.

  • Buffett expands oil bet, buys more Phillips 66 Thursday, 14 Jan 2016 | 5:03 PM ET

    From Jan. 4 to Jan. 11, Berkshire Hathaway Inc, which Buffett has run since 1965, paid about $390 million for an additional 5.1 million shares of Phillips 66, according to filings with the U.S. Securities and Exchange Commission. Phillips 66 shares closed up $4.03, or 5.4 percent, at $79.28 on the New York Stock Exchange. Berkshire began quietly rebuilding its stake...

  • LOMBARD, Ill., Jan 14- A potential merger of Canadian Pacific Railway Ltd and Norfolk Southern would make it hard for No. 3 U.S. railroad CSX Corp to survive alone and ratchet up pressure for more industry consolidation, the chairman of No. 2 U.S. railroad BNSF said on Thursday. "CSX would be at an enormous disadvantage and so there would be another step towards...

  • Where Warren Buffett finds value as oil sinks Wednesday, 13 Jan 2016 | 5:04 PM ET
    Warren Buffett

    In the days before oil fell below $30, Warren Buffett's Berkshire Hathaway bought 2.5 million shares of an oil giant.

  • A letter on Tuesday from Representative Maxine Waters, the top Democrat on the House Financial Services Committee, and fellow committee members Michael Capuano, Emanuel Cleaver and Keith Ellison called on the Justice Department and the Consumer Financial Protection Bureau to "pursue appropriate corrective action" against Clayton. It followed a report...

  • CHICAGO, Jan 13- No. 3 U.S. railroad CSX Corp does not see any compelling benefits stemming from mergers of major railroads in North America and fears regulatory burdens could be attached to the approval of deals that would add to the cost of doing business, the railroad's top executive said on Wednesday. "The benefits seem somewhat unconvincing, I really think the...

  • CHICAGO, Jan 13- No. 3 U.S. railroad CSX Corp does not see any compelling benefits stemming from mergers of major railroads in North America and fears regulatory burdens could be attached to the approval of deals that would add to the cost of doing business, the railroad's top executive said on Wednesday. "The benefits seem somewhat unconvincing, I really think the...