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.
MDC Partners Inc., the New York advertising holding company run by Canadian Miles Nadal, has soared 240 percent in the past year by helping clients like Burger King sell more hamburgers using Facebook and other social media.
Destruction from Typhoon Haiyan, which flattened buildings and unleashed storm surges that may have killed 10,000 people, could be several times worse for the Philippines economy than superstorm Sandy was for the U.S.
MidAmerican Energy Holdings Co., the utility company controlled by Warren Buffett’s Berkshire Hathaway Inc., said capital spending may climb 25 percent next year as the business expands in Nevada through an acquisition.
Anthony and Jay Robert Pritzker, brothers and heirs to the Hyatt Hotels Corp. and Marmon Holdings Inc. manufacturing fortune, settle in for salads and sandwiches at their 40th-floor office in Chicago’s West Loop. A decade ago, the duo joined family members who allied against their sister, Penny, who’s U.S. President Barack Obama’s commerce secretary, and two cousins.