Here's a look at several key one billion milestones, from Apple to Warren Buffett to global population. » Read More
Warren Buffett tells the Wall Street Journal that Berkshire Hathaway plans to invest in a new firm to be created by one of the few investment bankers to ever win his respect. Byron Trott is leaving Goldman Sachs to start his own merchant-banking firm to be called BDT Capital Partners.
How in the world do Wall Street and Washington restore trust with the American public? It's a question both sides have wrestled with for months. But we're tackling it tonight on our CNBC special, "Restoring Trust: How to Fix America's Economy."
A new "issue-inspired song" written by Peter Buffett, gets its debut tonight (Wednesday) at a commemorative concert in the United Nation's General Assembly Hall. "Blood Into Gold" also features Akon, the internationally-known, Grammy-nominated rap/R&B singer.
Stocks ended higher Wednesday as a surge in the final minutes of trading pushed all three indexes in positive territory.
Stocks advanced Wednesday after a pair of better-than-expected economic numbers. New-home slaes rose more than expected and durable-goods orders unexpectedly rose, snapping a six-month slide.
Warren Buffett's Berkshire Hathaway will keep its top-level AAA rating from Standard & Poor's for the moment, but the ratings agency says that could change. S&P has lowered its outlook on Berkshire to "negative" from "stable" and indicated it may downgrade the company's rating by one notch over the next twelve months. Is Moody's next?
Futures advanced Wednesday after an unexpected rise in durable-goods orders snapped a six-month slide.
Warren Buffett's warrants to buy over 43 million shares of Goldman Sachs at $115 each are almost back "in the money" as the firm's stock more than doubles in recent months.
Shares of Warren Buffett's Berkshire Hathaway (Class A) are back at $90,000 tonight after rallying more then 28 percent over the past 12 trading days. The stock advanced 6.4 percent today (Monday), or $5426 each, to close at exactly $90,000.00 in New York trading.
Rick Bayless, a Chicago Chef with acclaimed restaurants, a top-rated PBS cooking show, and bestselling cookbooks….joins forces with a marketing executive turned entrepreneur.
In his annual Berkshire Hathaway letter, Warren E. Buffett recently urged investors to pose tough questions at the shareholders meeting in May. Here is one on the mind of some Buffett watchers: When are you going to fix Moody’s?
Today's headlines along the lines of Warren Buffett Takes Home $491,000 from Berkshire might cause a moment of confusion for long-time Buffett watchers. After all, Buffett's annual salary has remained unchanged at $100,000 for a quarter of a century, and he has told Berkshire's Compensation Committee that "he would not expect or desire it to increase in the future." The new factor this year: security.
Berkshire Hathaway has lost its AAA credit rating from Fitch, but it doesn't look like the change is due to any recent 'mistakes' by Warren Buffett and his holding company. Almost at the top of its news release on the one-notch downgrade and negative outlook, Fitch says the move is part of a "broader review of insurance and financial services company ratings" due to the "current stressful economic environment."
Warren Buffett says it's more likely Berkshire Hathaway will make a domestic acquisition before it buys a foreign company, because there are more opportunities opening up in the U.S. and fewer competing buyers bidding up prices. Buffett tells Bloomberg Television, "The way things are going, there's a lot of things that may be happening in the United States."
Warren Buffett has lost the title of "World's Richest Billionaire" along with $25 billion dollars in the wake of the global financial crisis. The 2009 rankings, just released by Forbes magazine, put Microsoft founder, and Buffett bridge partner, Bill Gates in the top position with an estimated wealth of $40 billion. That's a drop of $18 billion from last year's $58 billion. Buffett is number two, with $37 billion, a decline of $25 billion, or just over 40 percent.
Tuesday's rally was most welcome and we WILL have more down days, but back and forth trading activity is necessary to build a base.
Warren Buffett has certainly lost billions of dollars over the past year, but has he lost his title of "World's Richest Billionaire?" We'll find out when the 2009 edition of the widely-followed Forbes ranking of global wealth is released at 6p ET tonight (Wednesday).
Warren Buffett's three-hour appearance on CNBC's Squawk Box Monday morning generated headlines, moved bank stocks, and even caught the attention of the White House. Now you can download a PDF of the complete transcript.
The White House was watching Warren Buffett this morning on CNBC. Today Press Secretary Robert Gibbs responded to Buffett's comment that both parties, but especially the Democrats, are trying to use the economic crisis to push partisan goals.
Warren Buffett's bullish comments on banks, especially Wells Fargo and U.S. Bancorp, during this morning' Squawk Box on CNBC helped boost the financial stocks in Berkshire Hathaway's portfolio.