CNBC's Robert Frank reports that Amazon's Jeff Bezos has replaced Warren Buffett as the third richest person in the world, according to Forbes. » Read More
As we enter day two of the qualifying rounds, all major indices were down but Australia's ASX has taken the lead, followed by India's Bombay Sensex. In our poll's early voting, many of you suggested that Israel's T25 might be in contention for a medal despite a rough couple of days. Here are some stats and stocks from Israel.
Jon Hilsenrath, money and investing editor at The Wall Street Journal, offered CNBC his weekly "Five for Five": the five stocks investors must watch this week.
Warren Buffett will participate in a live Omaha "town hall" event to be seen in hundreds of movie theaters across the nation, following the screening of a documentary movie that argues the U.S. is going broke.
Warren Buffett's Berkshire Hathaway tells us the holding company's second quarter earnings report will be released after the closing bell a week from tomorrow, on Friday, August 8. If the small number of analysts who follow the company are right, operating profits will be up for the first time since last summer, but they'll still be well below last year's second quarter.
Warren Buffett's Berkshire Hathaway hit a new milestone today (Monday) in a descent that had already put the stock into a 'bear market.' The class A shares closed exactly 25 percent below the all-time high set last December. Some long-time Buffett bulls see an increasingly ripe buying opportunity.
Barack Obama calls on Warren Buffett, among others, as he turns his attention to the troubled U.S. economy now that he's returned from his international tour that featured a well-attended speech in Berlin.
One of the lessons Darst shared with Cramer and is now sharing with his readers is you can’t do it alone – you need Uncle Frank. Darst writes, “Uncle Frank is the single most valuable resource you will have as you set up your asset allocation plan and begin the journey to make your dreams come true.”
Texas extended its already formidable national lead in wind power by clearing the way Thursday for a major expansion of the state's electrical power transmission network, valued at nearly $5 billion, a move that will triple its current wind power capacity.
Warren Buffett's Berkshire Hathaway will get almost $2.5 billion in cash as part of InBev's now friendly $50 billion deal to acquire Anheuser-Busch.
I got an email from Suzy Welch who is spending the summer writing her upcoming book, “10-10-10: Transform Your Life with Clear, Considered, Stress-Free Choices”. The book is being published by Scribner (an imprint of Simon & Schuster) and will be ready next spring.
Warren Buffett may be playing a role in turning what had been a bitter and nasty takeover battle for control of St. Louis-based Anheuser-Busch spacer into a friendly deal, according to this morning's New York Times. Here's what he's been saying to CNBC about the situation.
The Oracle of Omaha is a regular institution at the Allen + Co conference, and always a hot commodity among the media and tech CEOs here. Buffett makes a point to say how much he loves the gathering, especially all the free hamburgers!
Warren Buffett's Berkshire Hathaway is helping to finance Dow's just-announced deal to buy specialty chemical maker Rohm and Haas for over $15 billion in cash. Berkshire is contributing an equity investment in the form of $3 billion worth of convertible preferred securities. The Kuwait Investment Authority is also making a $1 billion investment.
Warren Buffett's reputation as a technophobe may be cracking. Today he told CNBC he'll "probably" get an Amazon Kindle as he "edges" into the 21st century. See the video clip and read the transcript of Julia Boorstin's Sun Valley conversation with Buffett about technology, the economy, Berkshire's stock slide, and Barack Obama's chances in November.
Warren Buffett has completed his annual round of gifts to charity, distributing a total of 543,757 Berkshire Hathaway Class B shares worth $2.17 billion to five foundations.
Warren Buffett's annual gift to the Bill and Melinda Gates Foundation of Berkshire Hathaway stock is worth just over $1.8 billion this year, about two percent more than last year's donation.
Florida officials agreed to pay Warren Buffett's Berkshire Hathaway $224 million for a conditional pledge to buy $4 billion of state hurricane bonds during 2008, a state spokesman said on.
The state of Florida has reluctantly agreed to pay Warren Buffett's Berkshire Hathaway $224 million now, in exchange for a promise it will be able to borrow $4 billion from Berkshire later, if the state gets severely slammed by hurricanes this year.
Warren Buffett has some advice for young people, like college students, who want to remain financially independent. It's not new and its not a surprise, but it is solid counsel on avoiding a very common money pitfall, and worth repeating.
Shares of Warren Buffett's Berkshire Hathaway are down almost 20 percent from their all-time closing high of last December. Wall Street's generally accepted definition of a 'bear market' involves a 20 percent drop from a recent high. Yesterday, Berkshire shares dipped into bear territory on an intraday basis, before recovering to close at $120,100 .. a 19.5 percent drop from its all-time closing high of $149,200, set on December 10.