| 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.
| Mar 4, 2014
| 1:56 PM
Moelis & Co., a boutique Los Angeles investment bank, filed for an initial public offering, seeking to capitalize on the soaring stock market and a recent pickup in corporate mergers.
The firm was founded in 2007 by Ken Moelis, a longtime Southern...
| Feb 21, 2014
| 8:40 AM
With America's new oil boom forcing more and more crude onto long trains to make up for inadequate pipeline capacity, Warren Buffett's BNSF has opened bids to buy 5,000 safer transport cars.
The move follows a series of high-profile rail accidents and...
| 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.
| 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...
| 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...
| 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...