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  • CHICAGO, Jan 13- No. 3 U.S. railroad CSX Corp does not see any compelling benefits stemming from mergers of major railroads in North America and fears regulatory burdens could be attached to the approval of deals that would add to the cost of doing business, the railroad's top executive said on Wednesday. "The benefits seem somewhat unconvincing, I really think the...

  • Federal probe sought for Buffett's mobile home unit Wednesday, 13 Jan 2016 | 10:52 AM ET

    A letter on Tuesday from Representative Maxine Waters, the top Democrat on the House Financial Services Committee, and fellow committee members Michael Capuano, Emanuel Cleaver and Keith Ellison called on the Justice Department and the Consumer Financial Protection Bureau to "pursue appropriate corrective action" against Clayton. It followed a report...

  • Where Warren Buffett finds value as oil sinks Tuesday, 12 Jan 2016 | 5:10 PM ET
    Warren Buffett

    In the days before oil fell below $30, Warren Buffett's Berkshire Hathaway bought 2.5 million shares of an oil giant.

  • Sanders challenges Clinton's new tax proposal Monday, 11 Jan 2016 | 7:25 PM ET
    Hillary Clinton addresses supporters at the Electric Park Ballroom in Waterloo, Iowa January 11, 2016.

    Presidential candidate Bernie Sanders, who has not yet specified his own tax plan, condemned Hillary Clinton's new tax proposal.

  • Sequoia Fund is sued over big Valeant stake Monday, 11 Jan 2016 | 1:35 PM ET

    NEW YORK, Jan 11- The investment firm that runs the Sequoia Fund, long known for its ties to Warren Buffett, was sued by shareholders who claim it recklessly took a huge stake in embattled drug company Valeant Pharmaceuticals International Inc, causing more than $2 billion in losses. Investment firm Ruane, Cunniff& Goldfarb; portfolio managers Robert Goldfarb and...

  • Has the market really time warped back to 2008? Friday, 8 Jan 2016 | 12:16 PM ET
    A trader on the floor of the New York Stock Exchange.

    The market has done a lot of looking back on the financial crisis lately.

  • *China automakers gain from rising demand for green cars and SUVs. BEIJING/ SHANGHAI, Jan 8- BYD Co, a Chinese automaker backed by Warren Buffett's Berkshire Hathaway, raised its 2015 profit estimate to a five-year high, citing strong demand for its electric and plug-in hybrid vehicles. Shares in BYD traded up 7.2 percent in Shenzhen and 2.8 percent in Hong Kong by...

  • SHANGHAI/ BEIJING, Jan 8- BYD Co, a Chinese automaker backed by Warren Buffett's Berkshire Hathaway, said on Friday it had revised up its 2015 profit estimate due to strong demand for its electric and plug-in hybrid vehicles. The Shenzhen- based automaker now expects net profit attributable to shareholders to climb between 518 percent and 557 percent, compared...

  • Richard Fisher: Don't blame China for the sell-off Wednesday, 6 Jan 2016 | 8:55 AM ET
    Richard Fisher

    The Fed paid it forward to juice the economy and the market. It may be payback time for stocks, says former Dallas Fed President Richard Fisher.

  • Dec 31- The newspaper unit of Warren Buffett's Berkshire Hathaway Inc on Thursday said it purchased The Free Lance-Star, a newspaper in Fredericksburg, Virginia, from Sandton Capital Partners. The addition of The Free Lance-Star, which has a daily circulation of 31,700, means BH Media now has 32 daily newspapers nationwide, including the Omaha World-Herald in...

  • Berkshire Hathaway unit buys Virginia newspaper Thursday, 31 Dec 2015 | 2:04 PM ET

    Dec 31- The newspaper unit of Warren Buffett's Berkshire Hathaway Inc on Thursday said it purchased The Free Lance-Star, a newspaper in Fredericksburg, Virginia, from Sandton Capital Partners. The addition of The Free Lance-Star, which has a daily circulation of 31,700, gives BH Media 32 daily newspapers nationwide, including the Omaha World-Herald in...

  • 8 CEOs just scored $60B this year Wednesday, 30 Dec 2015 | 10:17 AM ET
    Amazon's Jeff Bezos

    Zuckerberg, Page, and Bezos are just a few CEOs who made billions this year, reports USA Today.

  • Buffett faces worst year in stock market since 2009 Wednesday, 30 Dec 2015 | 7:22 AM ET
    Warren Buffett

    The investment guru is headed for his worst year since 2009, with shares in his conglomerate Berkshire Hathaway down 11 percent.

  • Buffett subsidiary faces renewed misconduct claims Tuesday, 29 Dec 2015 | 4:19 PM ET
    Warren Buffett poses with employees of Clayton Homes while touring the exhibition floor of Berkshire Hathaway's annual shareholders meeting in Omaha, Neb., May 2, 2014.

    A subsidiary of Warren Buffett's Berkshire Hathaway is strongly denying renewed accusations that it exploits minorities.

  • Ouch! 5 CEOs lost $20 BILLION this year Monday, 28 Dec 2015 | 10:18 AM ET
    Nick Woodman, CEO, GoPro

    These leaders of Russell 1000 companies lost more on their companies' shares than any other CEOs this year. USA Today reports.

  • SolarCity to stop sales, installations in Nevada Wednesday, 23 Dec 2015 | 4:40 PM ET

    Dec 23- SolarCity Corp said on Wednesday it will immediately cease solar sales and installations in Nevada, a day after the state's utilities commission approved changes that would reduce credits customers receive to sell solar power back to the grid. SolarCity, which is backed by Tesla Motors Inc's CEO Elon Musk, said will fight the "flawed decision".

  • *Sanford DeLand UK Buffettology fund up 25.3 pct this year. LONDON, Dec 23- Forget the financial fortress of London, anyone looking for Britain's best stock-picker this year should have hopped on a train north to Manchester. As suggested by the name of his fund- Sanford DeLand UK Buffettology- Ashworth-Lord seeks to emulate the investment style of Warren Buffett,...

  • NEW YORK, Dec 21- A Georgia- based real estate developer pleaded guilty on Monday to participating in what U.S. authorities say was a $100 million insider trading scheme that involved hacking into networks that distribute corporate news releases. Garkusha, a resident of Alpharetta and Cumming, Georgia, near Atlanta, was arrested in August along with four other...

  • Clinton to propose higher taxes for wealthy Thursday, 17 Dec 2015 | 12:07 PM ET
    Democratic presidential candidate Hillary Clinton and Warren Buffett.

    Hillary Clinton plans to signal she'll propose further tax increases on wealthy Americans while collecting a public endorsement from Warren Buffett.

  • WASHINGTON, Dec 15- President Barack Obama, who made few friends in corporate board rooms early in his first term as he pressed for tighter regulations on banks and remarked on the "fat cats" who helped precipitate the financial crisis, heads into his final year in the White House having built- or rebuilt- alliances with chief executives of the nation's biggest...