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1 min read
Warren Buffett and Elon Musk are shaking up markets this year. Here's a look at the 'Buffett Bump' and the 'Musk Move.'
Buffett's backing helped add $19 billion to the market values of three companies on Wednesday, whil…
Theron Mohamed
2 mins read
Warren Buffett calls out a spike in deceptive earnings, bemoans a lack of bargains, and trumpets Berkshire Hathaway's 'Four Giants' in his shareholder letter
The investor touted Berkshire's enormous scale and tax contributions, and eulogized the boss of one…
Theron Mohamed
2 mins read
Warren Buffett rejects Bernie Sanders' call for him to wade into a worker strike — and defends Berkshire Hathaway's track record with unions
Sanders highlighted paltry pay increases, higher healthcare premiums, and cuts to vacation time for…
Theron Mohamed
2 mins read
Warren Buffett is offering up to $1 million a year for life to the winner of his March Madness bracket challenge
The winning employee will receive double the prize money if Buffett's hometown team, Creighton Univ…
Theron Mohamed
2 mins read
Billionaire investor Chamath Palihapitiya is the next Warren Buffett, Ritholtz chief Josh Brown says
Palihapitiya "figured out how to have the zero cost of capital and the endless money coming in," Br…
Theron Mohamed
2 mins read
Warren Buffett has given almost half of his fortune to charity. He would still be $49 billion poorer than Jeff Bezos if he had kept it.
The famed investor would have $129 billion in Berkshire Hathaway stock. The Amazon chief's net wort…
Theron Mohamed
2 mins read
Warren Buffett gives $2.9 billion to charity, lifting his total contributions to $37 billion in 14 years
The Berkshire Hathaway CEO gifted nearly 16 million Class B shares to five philanthropic groups inc…
Theron Mohamed
2 mins read
Warren Buffett's Berkshire Hathaway boosts its stake in Amazon to more than $1 billion
A regulatory note filed Wednesday revealed Berkshire pushed its total investment in the e-commerce …
Ben Winck
2 mins read
Wells Fargo bumped their new CEO's salary 40% - to $23 million - to convince him to join
It's also much more than Wells Fargo's last two CEOs were paid, according to the report. Former CEO…
Carmen Reinicke
2 mins read
Warren Buffett's Berkshire Hathaway has racked up a record $122 billion in cash
The stock rally may be pricing Buffett out of some purchases, but it has been positive for Berkshir…
Theron Mohamed
2 mins read
Warren Buffett reportedly wants the Fed's permission to boost Berkshire's stake in Bank of America beyond 10%
The holding company applied for the Fed's approval in recent weeks and made several statements in t…
Ben Winck
2 mins read
A Berkshire Hathaway decade in review: Here are the biggest takeaways from Warren Buffett's annual shareholder letters
It's not the first time that Buffett has ended the year without making a major purchase, and he oft…
Carmen Reinicke
2 mins read
Berkshire Hathaway climbs after Warren Buffett's annual letter reported a $29 billion windfall from the GOP tax law
Shares of Berkshire Hathaway rose 1.89% on Monday morning after Warren Buffett delivered his annu…
Kimberly Chin
3 mins read
One quote from Warren Buffett is the perfect advice for investing in the age of Uber and Netflix
So we think in terms of that moat and the ability to keep its width and its impossibility of being …
Bob Bryan
1 min read
Buffett's Berkshire Buys More GM, Sells Johnson & Johnson
According to StreetInsider, Warren Buffett's Omaha-based portfolio lowered its stake in Johnson &am…
Rob Wile
1 min read
Inside The Legendary Omaha Steakhouse That Warren Buffett Takes Over One Day Every Year
Of course, he also takes powerful people there as well. It's no secret that if you want Buffett's a…
Linette Lopez
5 mins read
Some of OpenAI's top new executives are a nod to its upcoming fights in the courtroom and Washington
OpenAI has made some noticeable changes to its leadership over the past year. And one clear focus s…
Dan DeFrancesco
5 mins read
Starbucks' turnaround relies on an executive who is no stranger to orchestrating comebacks
As businesses complain about consumers cutting back, one of the biggest chains in the world is doin…
Dan DeFrancesco
6 mins read
An investing legend dies
Charlie Munger, the investing legend who grew to prominence as Warren Buffett's right-hand man, die…
Dan DeFrancesco
1 min read
US stocks dip as retail sales miss forecasts while earnings season ramps up
US retail sales rose by 0.2% in June from May, a weaker-than-expected gain and slower than the prio…