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Warren Buffett

Heat rises on Wells Fargo CEO after lawmaker grilling

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NEW YORK Wells Fargo & Co Chief Executive John Stumpf prides himself on being a banker who understands the little guy's financial problems. He has spoken publicly about growing up poor on a Minnesota farm, starting his career as a low-level repo man and being underwater on his own mortgage years ago.

Buffett investing deputy Combs joins JPMorgan board

Todd Combs, one of Warren Buffett's stockpicking deputies at Berkshire Hathaway Inc , has joined the board of JPMorgan Chase & Co , expanding the conglomerate's already deep ties to the financial services industry.

Sep 20 2016

UPDATE 1-Buffett investing deputy Combs joins JPMorgan board

Sept 20 Todd Combs, one of Warren Buffett's stockpicking deputies at Berkshire Hathaway Inc, has joined the board of JPMorgan Chase & Co, expanding the conglomerate's already deep ties to the financial services industry.

Nevada approves SolarCity, Berkshire unit's rooftop solar pact

Nevada's utility regulator on Friday approved a settlement between SolarCity Corp and the NV Energy unit of Warren Buffett's Berkshire Hathaway Inc that grandfathers roughly 32,000 rooftop solar energy customers into older, more favorable rates for 20 years.

Sep 16 2016

China's BYD forecasts up to 91 percent profit rise for first nine months

BEIJING Chinese automaker BYD Co Ltd , backed by Warren Buffett's Berkshire Hathaway Inc , on Sunday predicted an up to 91-percent profit increase in the first nine months of the year, as government policies drive green car sales.

Aug 28 2016

Berkshire takes bigger bite of Apple, pares Wal-Mart

Warren Buffett's Berkshire Hathaway Inc on Monday said it has increased its stake in Apple Inc by 55 percent, boosting its bet on the iPhone and iPod maker even as prominent investors like George Soros and Carl Icahn shed theirs.

Aug 15 2016

UPDATE 2-Berkshire takes bigger bite of Apple, pares Wal-Mart

* Berkshire lowers Deere, Suncor stakes, ups Liberty Global (Adds comments on Apple and other investments, details on other investors cutting Apple stakes, byline)

Berkshire boosts bet on Apple

Aug 15 Warren Buffett's Berkshire Hathaway Inc on Monday said it has increased its stake in Apple Inc by 55 percent, boosting its bet on the iPhone and iPod maker even as other prominent investors reduce their own.

Berkshire profit up 25 percent as insurance helps, BNSF weighs

Berkshire Hathaway Inc on Friday said its second-quarter profit rose 25 percent, helped by improvement in insurance underwriting, investment gains and the purchase of Precision Castparts Corp, Warren Buffett's largest acquisition.

Aug 05 2016

Trump dismisses Buffett's rebuke over his business judgment

WASHINGTON U.S. Republican presidential candidate Donald Trump on Tuesday brushed off billionaire investor Warren Buffett's blistering critique of his business acumen.

Election 2016, Politics, U.S. Aug 03 2016