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  • KUALA LUMPUR, Jan 17- Warren Buffett's Berkshire Hathaway has won a licence to provide reinsurance services in Malaysia, the billionaire investor's group said, as it expands operations in Asia. Berkshire Hathaway Specialty Insurance Company said in a statement on Monday it has established an office in the Malaysian capital Kuala Lumpur to provide the...

  • KUALA LUMPUR, Jan 17- Warren Buffett's Berkshire Hathaway has won a license to provide reinsurance services in Malaysia, the billionaire investor's group said, as it expands operations in Asia. Berkshire Hathaway Specialty Insurance Company said in a statement on Monday it has established an office in the Malaysian capital Kuala Lumpur to provide the...

  • The eight tycoons' net worth, as calculated by Forbes magazine, was cited Monday by anti-poverty activists Oxfam in a report highlighting income inequality. Gates co-founded Microsoft in the mid-70s, growing it into the world's biggest software company and helping to make computers a household item. He quit as CEO in 2000 and pledged to devote his fortune to his...

  • DAVOS, Switzerland— The gap between the super-rich and the poorest half of the global population is starker than previously thought, with just eight men, from Bill Gates to Michael Bloomberg, owning as much wealth as 3.6 billion people, according to an analysis by Oxfam released Monday. Presenting its findings on the dawn of the annual gathering of the global...

  • DAVOS, Switzerland, Jan 16- Just eight individuals, all men, own as much wealth as the poorest half of the world's population, Oxfam said on Monday in a report calling for action to curtail rewards for those at the top. As decision makers and many of the super-rich gather for this week's World Economic Forum annual meeting in Davos, the charity's report suggests the...

  • Warren Buffett

    Berkshire Hathaway bought into IBM in 2011 and owns almost an 8.6% stake now. The investment has been underwater, but is getting close to break-even.

  • Warren Buffett

    CNBC's Deirdre Bosa reports the latest on how the tough questions Warren Buffett has been facing regarding steep losses in IBM may change.

  • Traders work on the floor of the New York Stock Exchange on January 5, 2017, in New York City.

    U.S. stock futures were lower this morning, after the Nasdaq hit another record Wednesday. The S&P 500 closed within 2 points of a new high.

  • Warren Buffett

    Warren Buffet's life is the subject of "Becoming Warren Buffett," on Time Warner's HBO.

  • *China electric car makers have large-scale advantage- BYD. BEIJING, Jan 11- More electric cars are sold in China than in the rest of the world combined, but are mainly locally-branded models that are cheaper and have a shorter range than those offered by foreign automakers such as Tesla and Nissan. China has spent billions of dollars on subsidies to help companies...

  • 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...

  • Warren Buffett

    10 people profit $8.9 billion from Trump rally, reports USA Today.

  • *China electric car makers have large-scale advantage- BYD. BEIJING, Jan 11- More electric cars are sold in China than in the rest of the world combined, but are mainly locally-branded models that are cheaper and have a shorter range than those offered by foreign automakers such as Tesla and Nissan. China has spent billions of dollars on subsidies to help companies...

  • Climbing higher

    Jim Cramer names his top stocks with more than 10 percent to get back to all-time highs.

  • Jim Cramer on Mad Money.

    Jim Cramer previewed how the upcoming JPMorgan healthcare conference could impact the industry.

  • Traders work at the Goldman Sachs booth on the floor of the New York Stock Exchange.

    President-elect Donald Trump named Jay Clayton, the ultimate Wall Street legal insider, to run the financial watchdog.

  • Jan 4- Coca-Cola Co and the American Beverage Association trade group were sued on Wednesday for allegedly misleading consumers about the health risks from consuming sugary beverages. The nonprofit Praxis Project accused the defendants of downplaying the risks to boost sales, despite scientific evidence linking sugary beverages to obesity, diabetes and...

  • Jan 4- Coca-Cola Co and the American Beverage Association trade group were sued on Wednesday for allegedly misleading consumers about the health risks from consuming sugary beverages. The nonprofit Praxis Project accused the defendants of downplaying the risks to boost sales, despite scientific evidence linking sugary beverages to obesity, diabetes and...

  • WASHINGTON— President-elect Donald Trump on Wednesday chose a Wall Street attorney with experience in corporate mergers and public stock launches as his nominee to head the Securities and Exchange Commission. Clayton has worked on many of the securities deals that the SEC regulates and has represented Wall Street powerhouses including Goldman Sachs and...

  • Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc.

    Billionaire Warren Buffett, who backed Hillary Clinton for president, has made a killing in the weeks since the election--about $3.5 billion, according to Forbes.