| Jan 22, 2014
| 1:49 PM
The Wizard of Omaha didn't get to be one of the world's wealthiest men by taking foolish risks.
This week, Warren Buffett announced that Berkshire Hathaway Inc. will insure a Quicken Loans Inc. contest that will award $1 billion to anyone who...
| Mar 10, 2014
| 10:30 AM
It's written by one of the world's richest men, it's 24 pages long, and it's one of the best how-to guides that I can think of for young investors.
Hot off the presses, it's the annual shareholders' letter from Warren Buffett, the 83-year-old chairman of...
| Mar 12, 2014
| 8:30 AM
Warren Buffett's Berkshire Hathaway has set an agreement to acquire Miami ABC affiliate WPLG from Graham Holdings Co. in a stock-swap deal valued at $1.1 billion.
Deal calls for Berkshire to swap 1.6 million shares that it owns in Graham Holdings Co. for...
| Feb 26, 2013
| 6:57 PM
Tribune Co. has hired two investment banks to manage offers to buy its newspapers, executives said Tuesday, adding that no decisions have been made about whether to sell any properties.
JPMorgan Chase and Evercore Partners will oversee a process to...
| Mar 16, 2013
John J. Byrne, whose turnaround of auto insurer Geico Corp. led billionaire Warren Buffett to buy the company and call him "the Babe Ruth of insurance," died March 7 at his home in Etna, N.H., according to Robert E. Snyder, a family spokesman. He was 80...
| Sep 20, 2013
| 6:30 AM
WASHINGTON -- Billionaire investor Warren Buffett said a failure to raise the nation's $16.7 trillion debt limit would be "pretty damn dumb" as Democrats and Republicans square off in a showdown that could lead to the first-ever federal government...
| Sep 26, 2013
A real estate brokerage with the name of billionaire investor Warren Buffett's investment firm tied to it unveiled its first property in Orange County on Wednesday — a nearly $20 million home in Newport Coast.
Prudential California Realty will...
| Apr 11, 2013
| 8:50 AM
Fast food giant Burger King Worldwide Inc. said it will lose its chief executive Bernardo Hees to H.J. Heinz Co. once billionaire financier Warren Buffett wraps up his acquisition of the ketchup company with 3G Capital.
Corporate poaching this...
| May 19, 2013
| 7:00 AM
How do the wealthy stay wealthy? The mandatory financial disclosure released last week by commerce secretary nominee Penny Pritzker provides a rare look at an American billionaire's entire investment portfolio. Pritzker inherited much of her wealth,...
| Oct 28, 2013
| 9:01 AM
Burger King stock was on the upswing Monday after the fast-food company said its profit surged nearly 33% in the third quarter, beating predictions from Wall Street.
The Miami-based company said its adjusted net income soared to $81.1 million, or 23...
| Jan 3, 2013
| 10:54 AM
Solar stocks were burning up Thursday, led by a 41% share price boom for SunPower, which this week said it sold a pair of massive Southern California solar power plants to a Warren Buffett company.
San Jose-based SunPower said in a filing with the...