Buffett is chairman and chief executive officer of Berkshire Hathaway. The publicly traded holding company operates a broad collection of businesses, including insurance (Geico), manufacturing (Clayton Homes), energy (MidAmerican Energy, Lubrizol) and service (NetJets). It also owns stakes in Coca-Cola, American Express, Procter & Gamble and Wells Fargo.
Warren Buffett News
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Updated 2 hours, 17 minutes ago
A coffee date with Apple Inc. Chief Executive Officer Tim Cook fetched $610,000 for charity, according to press reports.
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Robert Benmosche, the chief executive officer of insurer American International Group Inc., has some tough love for college students graduating in the aftermath of the financial crisis.
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Hedge funds increased bets on lower gold prices after investors pulled a record $20.8 billion from bullion funds this year while BlackRock Inc., the world’s biggest money manager, said it’s still bullish.
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Updated 1 hour, 31 minutes ago
A shrinking U.S. federal deficit is undermining the favorite tax-and-spending arguments of both Republicans and Democrats.
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General Motors Co.’s finance unit and billionaire Warren Buffett’s Berkshire Hathaway Inc. led dollar- denominated sales of at least $42.1 billion this week as relative yields narrowed.
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Warren Buffett stole headlines when he committed $12.1 billion in a deal to take ketchup maker HJ Heinz Co. private this year. Managers at his Berkshire Hathaway Inc. spent as much in 2012 while attracting less attention.
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The world’s 200 richest people added $17.5 billion to their aggregate wealth this week as U.S. jobless claims fell to a five-year low, bolstering optimism in the economy.
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Gold traders are divided on whether surging demand for jewelry and bullion coins will sustain the rally in prices as a slump in holdings through exchange-traded products extended to the longest in more than eight years.
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Harvard University, the world’s wealthiest university, has liquidated its stake in Apple Inc. as the iPhone maker’s shares tumbled after reaching a record high of $702.10 in September.
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A gauge of U.S. corporate credit risk rose for a third day as investors considered the pace of stimulus measures while Group of Seven finance ministers and central bankers meet in the U.K.
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