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  • Warren Buffett

    Billionaire investor Warren Buffett had a very short window on Thursday where a big bet paid off, aside from an already hefty pile of dividends.

  • Ginni Rometty, Chairwoman, President and CEO of IBM, at the World Economic Forum in Davos, Switzerland.

    The New York-based enterprise technology company has now suffered 19 straight quarters of declining year-over-year revenues.

  • **HomeServices of America Inc, a unit of Warren Buffett's Berkshire Hathaway Inc, on Tuesday said it has purchased the Houlihan Lawrence residential real estate firm, its second foray into the New York City area this month. **German carmaker Volkswagen said it would not produce or sell any Audi cars with SAIC Motor Corp until at least 2018, seeking first to...

  • Jan 18- The foundation created by billionaire Bill Gates and his wife Melinda plans to sell 60 million Class B shares of Berkshire Hathaway Inc donated by Warren Buffett, reflecting the fellow billionaire's desire that proceeds be spent on charitable works. In a regulatory filing on Tuesday, the Bill& Melinda Gates Foundation said the sales would occur from...

  • **HomeServices of America Inc, a unit of Warren Buffett's Berkshire Hathaway Inc, on Tuesday said it has purchased the Houlihan Lawrence residential real estate firm, its second foray into the New York City area this month. **German carmaker Volkswagen said it would not produce or sell any Audi cars with SAIC Motor Corp until at least 2018, seeking first to...

  • **HomeServices of America Inc, a unit of Warren Buffett's Berkshire Hathaway Inc, on Tuesday said it has purchased the Houlihan Lawrence residential real estate firm, its second foray into the New York City area this month. **German carmaker Volkswagen said it would not produce or sell any Audi cars with SAIC Motor Corp until at least 2018, seeking first to...

  • Gates Foundation to sell 60M Berkshire Class B shares

    The Gates Foundation is selling 60 million Berkshire Hathaway class B shares. CNBC's Susan Li reports.

  • 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...