Warren Buffett Watch Warren Buffett

  • Aug 5- Berkshire Hathaway Inc on Friday said second-quarter profit rose 25 percent, helped by improvement in insurance underwriting, investment gains and the purchase of Precision Castparts Corp, Warren Buffett's largest-ever acquisition. Net income for Omaha, Nebraska- based Berkshire rose to $5 billion, or $3,042 per Class A share, from $4.01 billion, or...

  • Aug 5- Berkshire Hathaway Inc on Friday said second-quarter profit rose 25 percent, helped by improved results from insurance underwriting and investments and the purchase of Precision Castparts Corp, Warren Buffett's largest-ever acquisition. Net income for the Omaha, Nebraska- based conglomerate rose to $5 billion, or $3,042 per Class A share, from $4.01...

  • SAN FRANCISCO/ NEW YORK, Aug 4- For the second straight year, U.S. public pension funds have fallen well short of their investment targets, swelling their vast unfunded liabilities and placing a greater burden on municipalities to offset the underperformance through increased contributions, estimates show. The funds, which guarantee retirement benefits for...

  • Richard Branson

    When it comes to defining success, the business magnate says wealth has nothing to do with it.

  • Warren Buffett

    According to Warren Buffett's preferred method for valuing the stock market, the reward does not justify the risk, says trader Brian Kelly.

  • The billionaire endorsement

    Which billionaire endorsements carry the most weight, with CNBC Contributor Larry Kudlow and consultant Eric Dezenhall.

  • Battle of the billionaires

    Warren Buffett goes after Donald Trump on taxes and business acumen. He joins Mark Cuban, Michael Bloomberg and Oprah Winfrey as billionaires who've taken on Trump. CNBC's John Harwood reports.

  • NEW YORK, Aug 2- A Georgia man pleaded guilty on Tuesday to trading on inside information that authorities say was obtained by hackers through a worldwide scheme to steal information from services that distribute corporate news releases. Leonid Momotok, 48, pleaded guilty in federal court in Brooklyn to one count of conspiracy to commit wire fraud, for his role...

  • Warren Buffett hammers Donald Trump in scathing remarks

    Billionaire investor Warren Buffett hammered Donald Trump at a Hillary Clinton political rally in Nebraska.

  • Democratic presidential candidate Hillary Clinton waves to supporters as she is introduced by Warren Buffett during a campaign rally at the Omaha North High Magnet School in Omaha, Nebraska August 1, 2016.

    Donald Trump brushed off criticism from Warren Buffett, saying he doesn't "care much" about the billionaire.

  • Billionaire Businessman Warren Buffett listens to Democratic Presidential Candidate Hillary Rodham Clinton at a Town Hall rally at Sokol Auditorium December 16, 2015 in Omaha, Nebraska.

    The race for the White House has turned into a battle between billionaires.

  • Republican Presidential candidate Donald Trump

    While campaigning for Hillary Clinton, billionaire Warren Buffett takes aim at Donald Trump and challenges him to compare tax returns.

  • Buffett's challenge to Trump

    Billionaire Warren Buffett challenges Republican Presidential Candidate Donald Trump to show his tax returns, and takes him to task for other elements of his behavior during the campaign.

  • HONG KONG, July 30- Fosun Group said on Saturday it has agreed to buy Brazilian fund manager Rio Bravo Investimentos, in the Chinese conglomerate's first acquisition in Latin America. Fosun did not disclose the value of the deal, but said in a statement that it expects to take advantage of the "exceptional period of change and economic renewal" taking place not only...

  • 50 subject one dollar note sheets are run through an intaglio printing press before the face is printed at the U.S. Bureau of Engraving and Printing in Washington, D.C.

    A relic of failure from the buyout boom is the gift that keeps on giving to Wall Street banks and law firms.

  • Bezos passes Buffett as world's third-richest person

    Amazon CEO Jeff Bezos claims the title as the third-wealthiest person in the world with a fortune of $65.3-billion.

  • July 28- Amazon.com Inc posted strong results across its older and newer businesses on Thursday as global Web retail sales and cloud services topped Wall Street targets and the world's largest online merchant forecast revenue would outpace expectations in the current quarter as well. "They crushed estimates," said Michael Pachter, analyst at Wedbush...

  • July 28- Jeff Bezos, the founder and chief executive of Amazon.com Inc, has become the world's third-richest person as of the market close for the first time, Forbes magazine said, passing Warren Buffett, the chairman and chief executive of Berkshire Hathaway Inc.. Bezos' fortune was $65.3 billion as of 4:30 p.m. EDT on Thursday, compared with Buffett's $64.9...

  • Facebook's shares rose as much as 4 percent to $128.33, boosting its market value by $14 billion to $367 billion- enough to eclipse Berkshire's market cap of about $355 billion. "Honestly, there's nothing to criticize, so I presume it's just profit-taking," said Michael Pachter, an analyst at Wedbush Securities, who raised his price target on Facebook's stock to...

  • The social networking giant beat market expectations for profit and revenue yet again in latest quarter, pushing up its shares to a record high on Thursday and allowing it to overtake Warren Buffett's Berkshire Hathaway Inc Inc as the fifth biggest U.S. company by market capitalization. Facebook's shares rose as much as 4 percent to $128.33, boosting its...