Forbes Magazine released its list of the world's billionaires on Wednesday, a collection of 1,153 families and individuals, rife with familiar names like Bill Gates, Warren Buffet and Carlos Slim Helu, who topped the list with a net worth of $69 billion.
Forbes magazine is due to release its annual list of the world's billionaires around midday on Wednesday, with Mexico's Carlos Slim poised to retain the top spot and attention focused on how far up the list Facebook's IPO has catapulted Mark Zuckerberg.
Shares in Warren Buffett's Berkshire Hathaway could rise as much as 45 percent, according to a Barron's story that cites an investor in the company.
Shares in Warren Buffett's Berkshire Hathaway could rise as much as 45 percent, according to a Barron's story that cites an investor in the company.
Bill Gross, co-chief investment officer at PIMCO, on Thursday took issue with a derivative panel's decision that the restructuring of Greek debt does not trigger a payout on insurance protection, even after his firm backed the move.
Some two decades ago, Brian Moynihan's younger brother Patrick came to him for advice. Patrick who had been a trader wanted to move to Africa to work as a missionary.
An executive of Goldman Sachs Group Inc has been investigated by the U.S. Federal authorities as part of an insider-trading probe.
General Electric derided the new report by Citizens for Tax Justice as biased and inaccurate.
The Dow Jones Industrial Average crossed 13,000 at Tuesday's market close, while the S&P 500 rose above 1,370, but a bullish psychological impact could actually drag down the market in days to come.
Warren Buffett's real estate forecast for 2012 and beyond is extremely rosy. In some cases, he even recommended buying them over his favored equity investments in a diversified group of leading companies.
Buffett didn't identify the new pick and he even said the candidate hasn't been notified yet.
David Sokol, who left Berkshire Hathaway last year amid a scandal over his stock trading while at the company, would receive about $1 million in retirement payments every year, according to a regulatory filing.
It's time for defense, says Bill Gross, manager of the world's largest bond fund.
When looking for value stocks to buy, it might not be a bad idea to follow the stock picks of Warren Buffett, arguably the greatest value stock investor of all time
Legendary investor Warren Buffett just gave a rosy housing market forecast for beyond 2012 in his annual letter to shareholders.
Despite talk of an improving economy and a surge in stock markets, doomsayers have warned of tougher times ahead for Americans with an imminent financial crash looming in the near future.
Warren E. Buffett, whose Berkshire Hathaway holding company has made him one of the richest men around, said he’s pleased by new holdings in technology.
Even the world's most revered investor makes mistakes. Warren Buffett admitted he was dead wrong when he predicted a housing recovery last year in his annual letter to shareholders of Berkshire Hathaway, released over the weekend.
Warren Buffett resisted pressure on Monday to identify his successor as chief executive officer of Berkshire Hathaway, saying the person who has been chosen does not even know it himself.
Warren Buffett, the head of U.S. investment company Berkshire Hathaway, said the firm had chosen his successor but did not identify the person.
Anyone looking for more evidence of a strengthening U.S. economic recovery needs only to consider conglomerate Berkshire Hathaway, where businesses ranging from railroads and electric utilities to furniture and candy stores are racking up record profits.
Berkshire Hathaway has identified its next chief executive, who will succeed Warren Buffett when the 81-year-old investor is no longer running the company, Buffett said in his annual letter to shareholders on Saturday.
