WARREN BUFFETT

Warren Buffett has pegged his 56-year-old son Howard, a corn farmer, as successor to his $245 billion money-making machine Berkshire Hathaway, according to the billionaire in an interview with 60 Minutes, scheduled to air this Sunday.

A market participant with apparently $400 million in cash lying around just became one of Bank of America's (NYSE:BAC) largest shareholders. Between 11:01 and 11:02 a.m. New York time, trade in Bank of America spiked as over 72 million shares changed hands.

The top pre-market NASDAQ stock market gainers are: Clearwire, First Solar, Marvell Technology Group, Randgold Resources and Yahoo. The top pre-market NASDAQ sock market losers are: Vera Bradley, First Niagara Financial Group, Wynn Resorts, EZchip Semiconductor and Vodafone Group.

Stock index futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, the Dow Jones and Nasdaq 100 up 0.6-0.8 percent.

The mastermind of the 9/11 attacks on the U.S., bin Laden managed to hide out for almost a decade despite the world's most aggressive global manhunt and a $25 million reward for information leading to his capture or killing. On May 1, U.S. President Barack Obama decided to send a small U.S. force into a compound where Obama was believed to be hiding in Pakistan. Osama bin Laden was killed in the raid, and after DNA confirmation was buried at sea. Obama announced bin Laden's killing i...

Bank of America Corp has issued nearly all the shares authorized by its shareholders, and if the bank needed to sell new stock, it would likely have to seek permission from its investors.

It seemed like it was only yesterday (perhaps because it actually was only three days ago, on Tuesday), when the shares of the banking giant teetered precariously above the $5 mark, a few cents off the dreaded "4 handle." Many were predicting a catastrophic sell-off. Fast-forward to today and Bank of America is trading at $5.74 per share, a jump of 13.66 percent in slightly over 60 hours.

With California Governor Jerry Brown making little progress in his efforts to solve the state's intractable budget problems, a number of private groups are maneuvering to put new tax measures to the voters next November.

With California Governor Jerry Brown making little progress in his efforts to solve the state's intractable budget problems, a number of private groups are maneuvering to put new tax measures to the voters next November.

Leon Cooperman sent a straightforward and scathing letter to President Obama Monday calling for reform and more accountability from President Obama calling for reform and more accountability from the administration.

Warren Buffett said newspapers faced the possibility of nearly unending losses and he would not buy most newspapers in the U.S. at any price in May 2009 at a Berkshire Hathaway shareholders meeting. However, the billionaire announced Wednesday that he has agreed to buy Omaha World-Herald Co., publisher of his hometown newspaper the World-Herald.

Billionaire investor Warren Buffett buys newspapers every day, the hometown daily included, but on Wednesday he dispensed with the single-issue price and bought the whole company instead.

So far, it has been a tough week for the troubled Bank of America Corp. (BAC). The firm's stock hit a new 52-week low Tuesday, dropping more than 3 percent to $5.03 a share, the lowest level since March 12, 2009. After the market closed, more bad news came as Standard & Poor's downgraded the bank's long-term credit rating by a notch to A- from A.

Billionaire investor Warren Buffett said on Monday that his view on Japanese industry has not changed following the March earthquake and that he was looking for opportunities in the country.

Octogenarian billionaire investor Warren Buffett arrived on his first visit to Japan on Monday, fanning speculation about his possible investments in the country's battered stock market.

Wall Street legend Ted Forstmann, who died of brain cancer on Nov. 20, helped launch the private equity industry. The colorful financier was as known for his Republican leanings, charity work, and relationships with Princess Diana, Elizabeth Hurley and Padma Lakshmi as for his late-in-life warnings about Wall Street excesses.

A new video takes the OWS protest cry we are the 99 percent and examines the numbers behind the movement's message. Who are the 99 and 1 percent, respectively, in America? How does U.S. wealth divide itself, and how did it do so before the financial crisis? The shocking statistics paint a picture even more provocative than Occupy protesters assert, including info on the 0.01 percent vs. the 99.9 percent.

During famed fund manager Bill Miller's 15-year streak of outperforming the S&P 500, he was often held up as proof that stock picking wasn't just dumb luck. It required skill.

Microsoft Corp shareholders filed out of the software giant's annual meeting grumbling that they did not get to ask more questions in their once-a-year opportunity to quiz Chairman Bill Gates and CEO Steve Ballmer.

Wall Street stocks fell on Monday as euro zone data signaled the region could be facing a recession, adding to worries about Europe's debt crisis.

So now we know one reason why shares of IBM, the No. 2 computer services company rose nearly 13 percent over the past three months: Warren Buffett has been buying.