An economy that has yet to show signs of a sustained recovery is providing little reward for investors looking to take risks, Travelers President and CEO Jay Fishman said.
President Barack Obama reveals to NBC News what Warren Buffett told him about the economy when the two men sat down at the White House earlier this week.
Warren Buffett tells CNBC today that he'd "never heard" of an obscure 35-year-old book on German hyperinflation in the 1920s until a reporter called a few days ago to ask about a report he's recommending it to friends.
Warren Buffett got a sit-down meeting with President Obama at the White House, complete with a new tie. A White House official says Obama noticed that Buffett's tie was frayed when he arrived to discuss the economy and job creation. That prompted the president to give Buffett a new, gift-wrapped red tie.
Cramer went Off the Charts to find out.
A former executive of Berkshire Hathaway subsidiary Forest River, who claims he "lost his job and had his reputation destroyed" because he followed Berkshire's Code of Business Conduct and Ethics, wants Warren Buffett to be questioned under oath in the case.
Warren Buffett's Berkshire Hathaway has been downgraded to 'sell' by Stifel Nicolaus analyst Meyer Shields and his team. Shields previously had a 'hold' recommendation on the stock. He discussed his call in a live appearance on CNBC's Fast Money Halftime today.
Warren Buffett says Tony Hayward should not continue as BP's CEO, so that the American people can "feel better" about the company's response to its massive oil spill in the Gulf of Mexico. In a videtaped interview with Willow Bay for the Huffington Post and Yahoo News, Buffett says it is not in the interest of either BP or the nation for Hayward to keep his job.
Anytime a company becomes less of what it was, investors need to rethink how it's valued and why they own it. If nothing else, it's an important discussion point that takes nothing away from Berkshire or Warren Buffett.
Warren Buffett's Berkshire Hathaway, along with other companies in similar circumstances, won't have to put up any collateral for existing derivatives contracts, according to a letter written by two of the key FinReg lawmakers on Capitol Hill.
Warren Buffett's annual gift of Berkshire Hathaway Class B shares to the Bill and Melinda Gates Foundation is worth about $1.6 billion dollars this time around, lifting his total donation to $8 billion over five years .. and there's more to come.
Warren Buffett's Berkshire Hathaway may need $6 to $8 billion in collateral for its multi-billion dollar collateral contracts, if the financial regulation bill passes Congress in its current form. That's the estimate of Barclays Capital analyst Jay Gelb in a note to clients today, although we won't know for sure until the dust settles.
We now know a lot more about that mysterious meeting in New York last year as billionaires from around the nation, including Warren Buffett and Bill Gates, gathered for a quiet dinner in New York. The topic was not, as some suspicious people half-jokingly suggested, world domination.
According to people familiar with the matter, this stake could be priced at as much as $200 million.
After failing to set a record last year, the winning bid for this year's charity lunch with Warren Buffett soared to $2,626,311. That easily tops the $2.1 million that set a record in 2008.
No bids yet in this year's charity auction of a Power Lunch for 8 with Warren Buffett. Just over 12 hours into the 5-day EBay auction, no one has made the starting minimum bid of $25,000. It's just a matter of time.
Billionaire Warren Buffett always tries to make sure that anyone who's willing to make a seven-figure donation just to have lunch with the investor gets their money's worth, so the meals often last more than three hours.
Warren Buffett is getting a lot of negative reviews for his defense of Moody's yesterday (Wednesday) during his appearance before the Financial Crisis Inquiry Commission. It's being called "arguably the single worst day of Buffett's life" from a PR standpoint.
We learned something important at Wednesday's Financial Crisis Inquiry Commission: the power of the duopoly privilege enjoyed by Moody’s and Standard & Poor’s is what drew Warren Buffett to make his Berkshire Hathaway the biggest shareholder in Moody’s.
Video clips of Warren Buffett's testimony on credit rating agencies at hearing held by the Financial Crisis Inquiry Commission.