| 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...
| Nov 13, 2013
| 3:06 PM
After years of wrestling with Brentwood activists, billionaire investor Charles T. Munger has pulled the plug on plans to redevelop the San Vicente Boulevard site that was the longtime location of Dutton's bookstore.
Brentwood Community Council...
| Nov 15, 2013
| 8:30 AM
Warren Buffett's Berkshire Hathaway bought a $3.45-billion stake in Exxon Mobil in the third quarter, the company's largest investment since it invested $10.7 billion in IBM two years ago, according to a regulatory filing late Thursday.
| 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...
| Jul 13, 2012
| 12:03 PM
Billionaire investor Warren Buffett had opinions to spare Friday, when he dished on JPMorgan’s Jamie Dimon, Wells Fargo’s home lending prowess, the future of the euro and newspapers, Facebook and more.
“I’ve had enough mistakes of...
| Dec 13, 2012
| 5:41 PM
The possibility that the Tribune Co. will sell its newspapers after an imminent exit from bankruptcy has set off a new round of speculation about The Baltimore Sun's future ownership — along with expressions of interest from potential buyers....
| Apr 6, 2012
| 10:01 AM
Because it's Good Friday, and because we all need a pick-me-up after this morning’s sour jobs data, here's yet another video of Warren Buffett doing his song-and-dance routine. This time, the venerable investor is singing "I’m only a Paper...
| Jan 25, 2012
| 7:41 AM
The Web economics argument of the day is whether Romney's and Warren Buffett's tax rates are really 15 percent or lower. Last night Obama reiterated Warren Buffett's argument that Buffett's tax rate is lower than that of Buffett's secretary. Mitt Romney's...
| Dec 12, 2011
| 10:01 AM
ST. PAUL, Minn. — Long a sport for the winter-hearty, ice fishing—which just now is beginning for the season in far northern Minnesota—might soon also attract those who insist on warmth and (relative) luxury with their cold-weather...
| Sep 28, 2011
| 2:25 PM
Credit goes to Warren Buffett of Berkshire Hathaway — relax, you're reading the theater column, not the business pages — for popularizing, if not coining, the phrase "skin in the game."
In the Buffett usage, the phrase refers to a desirable...