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Buffett celebrates 50th year at Berkshire, faces tough questions

OMAHA, Neb. - Berkshire Hathaway Inc shareholders on Saturday celebrated Warren Buffett's 50th anniversary running the conglomerate, as the billionaire expressed optimism the company would thrive over the long haul, even after he is gone. | Video

Recent Business News

U.S. jobs report looms for directionless market

NEW YORK - The U.S. stock market has struggled for direction of late, but next week's payroll report could confirm whether the recent weakness in data and stock prices is waning as the weather warms, or the start of a longer-term trend.

02 May 2015

China's Fosun offers $1.8 billion for 80 percent of U.S. insurer Ironshore

HONG KONG - Fosun International Ltd , an investment company controlled by Chinese billionaire Guo Guangchang, said it had offered to buy the 80 percent it does not already own in U.S. insurer Ironshore Inc for $1.8 billion.

10:30am EDT

Detroit automakers face speed bumps as sales growth slows

DETROIT - Detroit's automakers, on track for their best sales year since 2006, may want to brace themselves for rockier times ahead.

8:31am EDT

UBS and Credit Suisse could combine investment banks: investor

ZURICH - Swiss bank UBS could combine its investment banking arm with that of Credit Suisse to create a top player, Eric Knight, head of activist investor Knight Vinke, was quoted as saying in an interview with a Swiss paper on Sunday.

10:43am EDT

HSBC whistleblower Falciani says his work is not done: El Mundo

MADRID - Herve Falciani, a former HSBC employee who leaked information on the bank's clients and tax situation, told Spanish newspaper El Mundo he had knowledge of other cases and could act again, adding his "work was not done".

8:17am EDT

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