Warren Buffett - the best personalized free web-based Email en en Warren Buffett Buffett's firm buys more airline stock in first quarter OMAHA, Neb. (AP) — Warren Buffett's company added to two of its sizeable new investments in major airlines during the first quarter, and eliminated a stake in Twenty-First Century Fox Inc. Berkshire Hathaway Inc. filed an update on the U.S. stocks it held at the end of March with the Securities and Exchange Commission on Monday. Buffett... Mon, 15 May 2017 22:47:00 GMT 2017-05-15T22:47:00Z Buffett faults United, but sticks with airlines investments NEW YORK (AP) — Warren Buffett said Monday that United Airlines bungled the case of the passenger dragged off a plane last month, and he criticized the CEO's handling of the incident. Buffett also said airplanes "may become like cattle cars," but that's because a significant number of passengers will put up with crowding in exchange for cheaper fares. ... Mon, 08 May 2017 22:21:00 GMT 2017-05-08T22:21:00Z Thousands of people fill arena to hear from Warren Buffett OMAHA, Neb. (AP) — Listening to Warren Buffett never gets old to the thousands of Berkshire Hathaway shareholders who filled an arena Saturday to listen to the billionaire investor at the company's annual meeting. More than 30,000 people came to Omaha to hear Buffett and Berkshire Vice Chairman Charlie Munger talk. The 86-year-old CEO and his 93-year-old ... Sat, 06 May 2017 22:26:00 GMT 2017-05-06T22:26:00Z Profit down 27 percent at Buffett's firm on investment gains OMAHA, Neb. (AP) — Warren Buffett's company reported a 27 percent drop in its first-quarter profit largely because of a big gain it booked last year in connection with two acquisitions. Berkshire Hathaway said Friday it earned $4.06 billion, or $1.65 per Class B share. That's down from $5.59 billion, or $2.27 per B share, a year ago when it completed its acquisitions of Dura... Fri, 05 May 2017 22:54:00 GMT 2017-05-05T22:54:00Z Buffett cuts stake in IBM and shares slide NEW YORK (AP) — Warren Buffett says he's sold about a third of the 81 million shares he holds in IBM, sending the stock down sharply in early trading. Buffett bought into IBM when its stock as it was approaching an all-time high, but it's been in decline since then as Amazon and Microsoft have dominated the cloud. Buffet said Friday, "I... Fri, 05 May 2017 15:10:00 GMT 2017-05-05T15:10:00Z Buffett's investors facing more resolutions, like many firms OMAHA, Neb. (AP) — Before billionaire Warren Buffett takes the stage Saturday to spend hours answering at his conglomerate's annual meeting, his investors had to weigh questions about climate change and disclosing political contributions. The type of measures Berkshire Hathaway shareholders face are becoming more common as groups push for change at compan... Fri, 05 May 2017 13:16:00 GMT 2017-05-05T13:16:00Z Buffett foundation unveils $90M plan to help girls of color NEW YORK (AP) — In the 15-year existence of her girls' empowerment organization, Joanne Smith has dealt with funders and donors but never quite like this: a foundation putting $90 million toward helping girls of color by letting them determine their needs instead of being told what the funds have to be used for. The NoVo Foundation, founded in 2006 by Jen... Thu, 13 Apr 2017 16:33:00 GMT 2017-04-13T16:33:00Z Buffett's firm selling some of its Wells Fargo shares OMAHA, Neb. (AP) — Warren Buffett's company is selling a chunk of its Wells Fargo stock to avoid some federal regulations. The sale isn't tied to the scandal over the bank's sales practices that led to its CEO's departure last year, Berkshire Hathaway said Wednesday. Instead, Berkshire said it's selling the stock to keep its stake in th... Wed, 12 Apr 2017 22:45:00 GMT 2017-04-12T22:45:00Z SEC nominee reveals possible Wall Street conflicts WASHINGTON (AP) — The Wall Street attorney chosen by President Donald Trump to head the Securities and Exchange Commission has worked on many of the kinds of deals the agency regulates and represented some of the world's biggest financial firms. A financial disclosure report that Jay Clayton filed with the government reveals clients that pose potential co... Fri, 10 Mar 2017 01:06:00 GMT 2017-03-10T01:06:00Z Apple's iPhone may be mature, but it's still bearing fruit CUPERTINO, Calif. (AP) — The Apple of today hasn't yet shown much indication of emulating its co-founder Steve Jobs and his streak of world-changing products, but it's still proving a tough act to beat. The main reason: Before Jobs died in 2011, he left behind the iPhone — a product with such a devout following that it will likely spin off billions in pro... Tue, 28 Feb 2017 23:15:00 GMT 2017-02-28T23:15:00Z Buffett's bite of Apple even bigger than thought OMAHA, Neb. (AP) — Billionaire Warren Buffett, famously leery of technology companies, has loaded up on Apple shares after noticing how inseparable iPhone users are from the gadget once they get one in their pocket. Buffett said on CNBC Monday that Berkshire Hathaway now holds about 133 million shares of Apple after buying yet more of the company's stock ... Mon, 27 Feb 2017 18:36:00 GMT 2017-02-27T18:36:00Z The Latest: Buffett says $143B Unilever talks soured quickly OMAHA, Neb. (AP) — The Latest on investor Warren Buffett's comments on a variety of topics (all times local): 6:40 a.m. Warren Buffett says the proposed $143 billion offer to acquire Unilever, a deal with links to his company, fell apart quickly because the European company wasn't interested. Buffett said Monday on CN... Mon, 27 Feb 2017 13:09:00 GMT 2017-02-27T13:09:00Z Warren Buffett sticks to business, avoids politics in letter OMAHA, Neb. (AP) — Billionaire investor Warren Buffett reiterated his rosy long-term outlook for the U.S. economy and his distaste for high Wall Street fees in his annual letter to Berkshire Hathaway shareholders that always draws a big audience. The letter released Saturday also describes the performance of the more than 90 companies that Berkshire owns.... Sat, 25 Feb 2017 23:22:00 GMT 2017-02-25T23:22:00Z Buffett's firm says 4Q profit up 15 percent on investments OMAHA, Neb. (AP) — Warren Buffett's company says fourth-quarter profit improved 15 percent, but most of the gains came from the paper value of Berkshire Hathaway Inc.'s investments and derivatives contracts. The Omaha, Nebraska-based conglomerate released its latest results Saturday along with Buffett's annual letter to shareholders. Berkshire said it ear... Sat, 25 Feb 2017 20:37:00 GMT 2017-02-25T20:37:00Z Kraft in talks to buy Europe's Unilever NEW YORK (AP) — U.S. food giant Kraft Heinz Co. confirmed that it's made an offer to buy Europe's Unilever and been rejected. The company said Friday that talks are ongoing, but that no deal can be assured. Kraft Heinz, maker of Oscar Mayer meats, Jell-O pudding and Velveeta cheese, said there's no certainty that it will even make anoth... Fri, 17 Feb 2017 15:16:00 GMT 2017-02-17T15:16:00Z Buffett's firm invests heavily in Apple, airline stocks OMAHA, Neb. (AP) — Warren Buffett's company nearly quadrupled its investment in Apple to over 57 million shares during the last three months of last year. Berkshire Hathaway Inc. filed a quarterly update on its U.S. stock portfolio with the Securities and Exchange Commission on Tuesday. Besides the Apple move, Berkshire also revealed a new 8 million share stake in Monsanto a... Wed, 15 Feb 2017 01:24:00 GMT 2017-02-15T01:24:00Z Trump names Wall Street lawyer Clayton as SEC chairman WASHINGTON (AP) — President-elect Donald Trump on Wednesday chose a Wall Street attorney with experience in corporate mergers and public stock launches as his nominee to head the Securities and Exchange Commission. Trump announced his nomination of Jay Clayton, a partner in the law firm Sullivan and Cromwell, as chairman of the independent agency that ove... Thu, 05 Jan 2017 00:42:00 GMT 2017-01-05T00:42:00Z Schwarzenegger: 'Celebrity Apprentice' his show, not Trump's LOS ANGELES (AP) — In an epic mishmash of politics and celebrity, Donald Trump's elevation from "Celebrity Apprentice" host to president-elect has created an opening for actor and former California Gov. Arnold Schwarzenegger to become a reality TV star. To further complicate matters, Trump retains a producing stake in "The New Celebrity Apprentice." But S... Thu, 29 Dec 2016 23:19:00 GMT 2016-12-29T23:19:00Z Warren Buffett documentary will air on HBO in January OMAHA, Neb. (AP) — Billionaire Warren Buffett's life and the way he made his fortune as an investor will be the focus of a new documentary on HBO next year. The "Becoming Warren Buffett" documentary will debut Jan. 30. The film uses Buffett's own words and interviews with friends and family members to explore what allowed him to become ... Sun, 11 Dec 2016 18:11:00 GMT 2016-12-11T18:11:00Z Schwarzenegger: OK Trump is still 'Apprentice' producer UNIVERSAL CITY, Calif. (AP) — Arnold Schwarzenegger, star of the new version of "Celebrity Apprentice," is unfazed that President-elect Donald Trump has retained a producer's stake in the show. Schwarzenegger said Friday that it's just business, comparable to his situation when he became California's governor and retained a screen credit and kept earning royalties for the "T... Sun, 11 Dec 2016 00:56:00 GMT 2016-12-11T00:56:00Z Coca-Cola names Quincey as next CEO, Kent stays as chairman NEW YORK (AP) — Coca-Cola CEO Muhtar Kent will step down from that role next year and be succeeded by the company's No. 2 executive, at a time when people are drinking less sugary soda including its flagship Coke drink. Chief Operating Officer James Quincey, long expected to become the next CEO, will take over leadership of the world's largest beverage ma... Fri, 09 Dec 2016 20:00:00 GMT 2016-12-09T20:00:00Z