The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
"It is going to a long, tough pull to make major changes," Buffett said Monday in an interview with CNBC's Becky Quick. "It has no guarantee of success at all, but there's nobody I think that's in a better position, in terms of number of employees, ability of the people that are partnering to get along and all kinds of things, to perhaps come up with something to make the system more efficient."
For more on investing in health care innovation, click here to join CNBC at our Healthy Returns Summit in New York City on May 21.
Buffett's Berkshire Hathaway teamed up with Jeff Bezos' Amazon and Jamie Dimon's J.P. Morgan last year to create a not-for-profit health venture aimed at cutting costs and improving services for their employees. Even without revealing many details, the announcement sent health-care stocks tumbling. The organization, now named Haven, has since hired surgeon and speaker Dr. Atul Gawande and started filling out its executive ranks.
Buffett said Haven is on the "first step on what is bound to be a very long journey," and the co-founders are willing to spend "whatever money it takes" if the organization is making progress. He said the venture isn't more difficult than he expected, but he expected it to be "ungodly difficult."
"We'll try, but nothing will happen quicker, so there is no revolutionary move or anything of the sort," Buffett said. "And there will be lots of opposition to any change."
Berkshire Hathaway Vice Chairman Charlie Munger in the interview said the current health-care system is "out of control." He pointed to "utterly unnecessary" medical treatments and "ridiculous" high deductibles that leave people on the hook for sometimes thousands of dollars in medical bills despite being insured as examples.
"I would say we have a pretty disgusting system," he said. "On the other hand, it's the best in the world in terms of its scientific capacity."