(Reuters) - Warren Buffett said growth is slowing and inflation is really heating up, during a CNBC interview on Wednesday. * Warren buffett says fed has to be careful not to signal price reduction is secondary goal-CNBC interview * Warren buffett...
NEW YORK (Reuters) - Warren Buffett, chief executive of Berkshire Hathaway BRKa BRKb, sees some opportunities for investing in the subprime mortgage business, he told Reuters in an interview. Buffett said Berkshire Hathaway might make investments through its Clayton Homes manufactured...
By Jonathan Stempel NEW YORK (Reuters) - It's a bear market for Warren Buffett's Berkshire Hathaway Inc BRKaBRKb, too. The shares of the billionaire's insurance and investment company have dropped more than 20 percent from their most recent peak, the first time that...
NEW YORK (Reuters UK) - InBev NV INTB lightly prodded its takeover target Anheuser-Busch Cos Inc BUD on Wednesday, reminding the U.S. brewer that despite no formal deadline, time was still "of the essence." It has been two weeks since the Belgian-Brazilian brewer launched its...
Lots of people are down on the prospects for many big U.S. health plans, which have been battered by declining enrollment, bad claims management, poor investment performance, and continued run-ins with state insurance regulators. But uber-investor Warren Buffett sees a silver lining somewhere in all that bad news. ...
Sky-high energy prices, increasingly crowded commuter corridors, and worries about the environment are setting the stage for trains to thunder once again across the US moving commerce and people, predicts Harvard University professor John R. Stilgoe. "Train travel will supplant highway and air travel in the next few decades....
Wouldn't we all like to make business decisions that work as well as the world's richest man's? A friendly reader noted my recent post on Irrational Economics and flagged a Marc Andreessen's discussion of a speech by Charlie Munger, Warren Buffett's right-hand man. The speech is The...
Facial coding, the idea that your expression gives away what you are really thinking, was put forth some 40 years ago by psychologist Paul Ekman . But does it work in business? Can you tell what CEOs really think, just by looking, or are they so carefully trained that...
Did one knew that a $10,000 investment in Berkshire Hathaway in 1965, the year Warren Buffett took control of it, would grow to be worth nearly $30 million by 2005? By comparison, $10,000 in the S&P 500 would have grown to only about $500,000. Whether one likes him or not,...
Tickets Still Available for Pre-Conference 'Night at the Village' Event and Afternoon Session Featuring the Minerva Awards Presentation LOS ANGELES, July 15 /PRNewswire/ -- Full day passes for The Women's Conference 2008 have sold out in a historic, record-breaking time of only three hours, after going on...
Shriver Debuts New Pre-Conference Event, 'Night at the Village' Featuring Rachael Ray; Tickets Now Available for Both Events LOS ANGELES, July 14 /PRNewswire/ -- California First Lady Maria Shriver today announced an extraordinary lineup of newsmakers and world opinion leaders confirmed for The Women's Conference 2008 to...
DETROIT AP -- Dow Chemical Co. has agreed to buy rival Rohm and Haas Co. for more than $15 billion in cash in a deal that Dow hopes will fuel its growth in a more lucrative wing of the chemical- making business. "The addition of Rohm and...
Warren Buffett, best known as a savvy investor, has been involved in businesses ranging from insurance to candy. Now he can add banker to his resume. Berkshire Hathaway's CEO is becoming a modern-day J.D. Rockefeller by bankrolling deals with his company's $35.6 billion cash hoard. Thursday's...
Warren Buffett, of Berkshire Hathaway, hasn't asked for our investing advice. But we think we've found a company he'd like to own: Tiffany. Buffett likes companies with strong defenses, or "moats," around their businesses. Potential acquisitions must have a track record of generating superior returns on invested...
It must be a bear market because even billionaire Warren Buffett's Berkshire Hathaway Inc. has slumped almost 20 percent since December. The decline exceeds the drop of the Standard & Poor's 500 Index and marks the worst first half for the Omaha, Neb.-based investment and holding company...
Bill Gates, a man who already has changed the world twice, is looking for a threepeat. First, he led Microsoft for more than three decades, shaping and commandeering the world personal computer market. Today, one billion PCs are in use worldwide, with Microsoft Windows the champion operating system. Next, in...
OMAHA, Neb. -- Youngsters wanting to make blizzards of money got valuable advice from financier Warren Buffett who was visiting his local Dairy Queen([R]) for the launch of the new Girl Scouts Thin Mint Blizzard([R]). Surrounded by a group of Girl Scouts in his hometown of Omaha, Buffett...
A photo of Warren Buffett who stops by his favorite local Dairy Queen([R]) to enjoy the debut of the Dairy Queen Girl Scouts Thin Mint Cookie Blizzard([R]) with Omaha Girl Scout Molly Maloy, 10 is Available On Business Wire's Web Site and AP PhotoExpress. The Girl Scouts Thin Mint Cookie...
Zhao Danyang, an investment fund manager from Hong Kong, hopes he will get more than heartburn when he finishes having lunch with Warren Buffett at the famous Smith & Wollensky steakhouse in Manhattan shortly. As well as a very large bill he will need to leave with some newly gained...
WASHINGTON AFP — A wealthy Chinese investment manager has won a high-stakes online charity auction to have lunch with US billionaire Warren Buffett with a 2.1-million dollar bid, organizers said Monday. Zhao Danyang, 36, will pay out the huge sum for the privilege of dining with Buffett, one...