WARREN BUFFETT

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Forbes list of billionaires due out soon

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.
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Greek debt ruling dangerous precedent: PIMCO's Gross

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.
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Buffett: My successor is in the dark too

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.
4. Warren Buffett

Buffett Adds to Bullish U.S. Economic Recovery Signals

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 Chairman Warren Buffett speaks at a news conference after the opening ceremony of Tungaloy Corp's new plant in Iwaki

Berkshire has identified Buffett successor

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.
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Buffett's Berkshire muscles into Thai reinsurance

Warren Buffett's Berkshire Hathaway is pushing into the Thai reinsurance market and selling cover for higher rates, taking advantage of the retreat of competitors such as France's CCR after they suffered losses from last year's floods.
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Buffett builds media portfolio in fourth quarter

Berkshire Hathaway increased its exposure to media companies significantly in the fourth quarter, adding a new position in Liberty Media and substantially raising its stake in DirecTV, according to a regulatory filing on Tuesday.
Former McKinsey chief and ex-Goldman Sachs director Rajat Gupta (C) exits the Manhattan Federal Court with his lawyers after attending a pre-trial hearing on insider-trading charges in New York January 5, 2012.

Rajat Gupta Could be Slapped with Additional Allegations

Rajat Gupta, a former director of Goldman Sachs and Procter & Gamble who is the highest-ranking executive charged in a U.S. crackdown on insider trading, could face additional allegations, a federal prosecutor said on Tuesday.

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