| Jan 21, 2014
| 7:44 PM
Bobby Shriver invoked his Kennedy family heritage Tuesday as he launched his campaign for Los Angeles County supervisor, using his place in the political dynasty to try to gain an edge even while casting himself as an "outsider."
The former mayor of...
| Jan 22, 2014
| 11:51 AM
Some lucky person out there could be filling out a billion-dollar bracket for March Madness this year.
A really, really lucky person. Because that's what it is going to take -- a lot of luck -- to correctly pick the winners of every single game in the...
| 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...
| 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.
| Aug 23, 2012
Before Charles N. Huggins began working at See's Candies in 1951 as a manager inthe company's packingdepartment in San Francisco, his favorite candies were black licorice and, thanks to his World War II service as a paratrooper, Hershey's chocolate.
| 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....
| 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...
| Nov 15, 2011
Stories of business gone wrong are almost always stories of corporate culture gone wrong. The problem is that it's not easy for outsiders, or even insiders, to diagnose a sick culture.
Over a decade ago, when I started investigating what had gone wrong...
| Oct 25, 2011
| 9:45 AM
In 2009, President Barack Obama lifted the $400 billion cap off the bailout money that Freddie Mac and Fannie Mae could pass on to the taxpayers. Apparently, $400 billion wasn't enough. Fannie and Freddie are publicly owned. You and I own them and all the...