Warren Buffett Watch Warren Buffett

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    Warren Buffett's Berkshire Hathaway has lost its coveted top-level credit rating from Moody's Investors Service, but a well-known Buffett watcher says the move will have only a very small impact on the company.  Tonight Moody's downgraded Berkshire by two notches to Aa2 from Aaa.  The ratings agency says severe stock price declines and the U.S. recession have weakened an important Berkshire reinsurance subsidiary.

  • Weizhen Tang, as shown on the "About Us" section of wtang.com

    The Securities and Exchange Commission accuses a Toronto-based fund manager who calls himself the "Chinese Warren Buffett" of running a multi-million dollar Ponzi scheme aimed mostly at Chinese-Americans in the Dallas area.  Weizhen Tang tells Bloomberg his firm has had "difficulties" but denies he's done anything wrong.

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    Warren Buffett's Berkshire Hathaway issued a news release a short time ago to announce the Chairman and CEO of one of its jewelry retailers "has decided to resign effective today."  Beryl Raff replaces Marvin Beasley as the top executive at Helzberg Diamond Shops.  There's no mention of why he's resigned or his performance as CEO.

  • Stocks closed out a tough quarter on a positive note, helped by gains in technology and big banks.

  • Byron Trott (File photo)

    Warren Buffett's official biographer calls Byron Trott a "perfect candidate" to eventually take over at Berkshire Hathaway, now that Buffett's favorite investment banker has left Goldman Sachs.  But another prominent Buffett watcher says there's "no chance."

  • US stock index futures pointed to a higher open Tuesday, following a sharp decline in the previous session as investors digested the Obama administration’s tough stance on General Motors and Chrysler.

  • Byron Trott (File photo)

    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.

  • Restoring Trust: How to Fix America's Economy

    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."

  • Musicians Akon and Peter Buffett pose for a photograph as they announce a socially conscious musical collaboration and website.

    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.

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    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.

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    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.

  • The “Celebrity Factor” … in today’s competitive business world can generate the kind of publicity that can put a young company on the map.  Rick Bayless, a Chicago Chef with acclaimed restaurants, a top-rated PBS cooking show, and best-selling cookbooks .  Bayless joined forces with marketing executive Manuel Valdeand together they parlay Bayless’ growing celebrity into a $30 million food empire.

    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.

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    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.

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    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 in an interview with Bloomberg Television, taped March 5, 2009 in Omaha.

    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."