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Potential Buffett successor quits after disclosing stock trades
Money & CompanyWarren Buffett’s potential heir-apparent at Berkshire Hathaway Corp. has resigned, after disclosing that he bought shares in a company that he subsequently recommended Berkshire acquire. David Sokol, who headed Buffett’s energy businesses... -
Wall Street exec pay cuts: boon or bust for taxpayers?
Top of the TicketThe Obama administration plans to announce -- as early as today -- new 90% pay cuts for 175 Wall Street executives at the seven firms bailed out by the government amid the economy's collapse earlier this year. Many are applauding....... -
Big day for Comcast's Burke: gets new deal and joins Buffett's board
Company TownComcast Corp. made it perfectly clear who will be in charge (not that there was any doubt). The company said this afternoon that Steve Burke, Comcast's chief operating officer, last week signed a new five-year employment contract that recognizes his...... -
The Morning Fix: Look out, jocks; here comes TMZ! Cable ratings surge in 2009. Oscar campaigning way down.
Company TownAfter the coffee. Before the last-minute shopping blitz. Look out, Derek Jeter. TMZ, the celebrity website and TV show that makes the National Enquirer seem restrained, is looking to do for sports what it's done for Hollywood. TMZ, which is...... -
Swiss Re gets $1.27 billion in deal with Warren Buffett's Berkshire Hathaway
Money & CompanySwiss Reinsurance Co. said today it had agreed to transfer a portion of its U.S. life reinsurance business to billionaire Warren Buffet for roughly $1.27 billion to reinvest the funds more profitably. The deal with Buffettâs Berkshire Hathaway Inc.... -
Report: Warren Buffett loses bid to weaken Senate bill on derivatives regulation
Money & CompanyWarren Buffettâs attempt to water down a Senate bill on the regulation of derivatives contracts has failed, the Wall Street Journal is reporting. Buffett sought to amend a provision in the bill that would require companies to put up collateral...... -
More details emerge on Chinese car company's arrival in Los Angeles
L.A. NOWAn upstart Chinese electric car company -- best known for making cellphone batteries -- will locate the companyâs North American headquarters in downtown Los Angeles, with plans to possibly expand into manufacturing in the United States in the years... -
Buffett defends Goldman Sachs at Berkshire annual meeting
Money & CompanyEmbattled banking giant Goldman Sachs Group got a strong vote of confidence Saturday from Warren Buffett -- but a less-ringing endorsement from Buffett's long-time business partner, Charlie Munger. Speaking in Omaha at the annual shareholders' meeting... -
Telemundo: Would you like to buy a chunky bracelet through your tears?
Company TownSpanish-language telenovela audiences are known for their loyalty and passion. Now the Spanish-language Telemundo network is hoping that viewers' desire for their nightly dose of TV drama will translate into jewelry sales. Thursday, the NBC Universal-... -
Buffett warns (again) on muni bond risks, but what's your time horizon?
Money & CompanyWarren Buffett took the opportunity Wednesday to repeat his previous warnings about what he believes is a "terrible problem" looming for the municipal bond market. But how soon a problem? He didn't get that specific, offering only a general timeline...... -
Will investors leap at Buffett's new 'mini' Berkshire shares?
Money & CompanyBeginning today, investors will get a chance to buy shares of Warren Buffettâs holding company, Berkshire Hathaway Inc., for the lowest dollar price ever. That might have been incentive enough for some small investors. But Buffett may have primed the......
Mar 30, 2011
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Oct 22, 2009
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May 21, 2010
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Jan 21, 2010
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