WARREN BUFFETT

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Buffett not interested in European banks: report

Warren Buffett, often mentioned as a potential savior for troubled European banks, said on Monday that he has no interest at the moment in investing in the sector, and that there is what amounts to a partial run on Europe.

Buffett Builds $10.7 Billion Stake in IBM

A man walks past the headquarters of IBM Japan in Tokyo
Warren Buffett said his Berkshire Hathaway Inc has accumulated a 5.5 percent stake in IBM, the billionaire investor's biggest bet in the technology field he has historically shunned.
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Buffett builds $10 billion stake in IBM

Berkshire Hathaway has accumulated a 5.5 percent stake in IBM, Warren Buffett said on Monday, his biggest bet on the technology field that he has historically shunned.
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GE growth meets forecasts, but margins a worry

General Electric Co reported earnings that met Wall Street expectations, but its shares slipped 1.4 percent as investors worried about declining profit margins at its energy equipment division.
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POSCO predicts tough fourth quarter after Q3 meets view

POSCO <005490.KS>, the world's third-biggest steelmaker and backed by billionaire investor Warren Buffett, cut its 2011 investment plan and painted a dim outlook after posting a 6 percent rise in quarterly profit that met market expectations.
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POSCO sees tough 4th quarter after Q3 meets view

POSCO <005490.KS>, the world's third-biggest steelmaker and backed by billionaire investor Warren Buffett, cut its 2011 investment plan and painted a dim outlook after posting a 6 percent rise in third-quarter profit that met market expectations.
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POSCO meets forecast, cuts capex by 18 percent

POSCO <005490.KS>, the world's third-biggest steelmaker and backed by billionaire investor Warren Buffett, cut its 2011 investment plan and painted an uncertain outlook after posting a consensus-meeting profit for the third quarter.
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POSCO profit up 6 percent, meets forecast

POSCO <005490.KS>, the world's third-biggest steelmaker and backed by billionaire investor Warren Buffett, posted a 5.9 percent rise in profit for the third quarter, meeting consensus, thanks to higher sales volume and prices.
Susan Sarandon

Sarandon 'Nazi Pope' Backlash Ignoring Bigger Problem, Used for Political Gain

When Susan Sarandon called Pope Benedict XVI a Nazi, numerous religious groups condemned the actress, and rightly so. In a bizarre and disturbing twist, however, Sarandon's notoriety has now spread to her support of Occupy Wall Street, with many grouping her comments and her activism as examples of liberal ignorance and hypocrisy. In the process, we lose the opportunity to condemn the use of rampant Nazi and Hitler comparisons in general, a widespread phenomenon recorded en ma...
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Analysis: Banks keen on stock buybacks, regulators wary

U.S. bank executives are eager to buy back their stocks at depressed prices, but regulators appear to be reining them in, showing a clear disagreement over how risky the financial world is today and how much banks need to conserve capital.
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11 business lessons Steve Jobs taught me

Steve Jobs will be remembered as one of the greatest visionaries ever. What he did for the technological as well as entrepreneurial world, will never be forgotten.
Steve Jobs

Steve Jobs' Biography: Top Five Secrets it Could Reveal

Steve Jobs' posthumously released biography, now available for pre-order has become a chartbuster on online bookstores. Author Walter Isaacson spent over two years conducting forty exclusive and unprecedented interviews with Jobs and over hundred of his family members, friends, adversaries, competitors, and colleagues for the book which chronicles rollercoaster life and searingly intense personality of a creative entrepreneur.
U.S. Income Tax Code

Millionaire's Tax: Reid Hopes Senate Can Vote Tuesday

Senate Majority Leader Harry Reid, D-Nev., is hoping the Senate can vote Tuesday on the 5 percent income tax surcharge on adults with incomes over $1 million per year, but Senate Republicans are promising a strong effort to block the vote via filibuster.
Apple CEO Steve Jobs with new tablet computer during launch in San Francisco

Jobs authorized biography so his kids can know him

Steve Jobs, in pain and too weak to climb stairs a few weeks before his death, wanted his children to understand why he wasn't always there for them, according to the author of his highly anticipated biography.
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Exclusive: Buffett not worried by BofA share fall

Billionaire investor Warren Buffett is not concerned by the sharp drop in Bank of America Corp shares in the last couple of days, despite his $5 billion investment in the company last month, he told Reuters on Tuesday.
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Exclusive: Buffett not concerned by drop in BofA shares

Billionaire investor Warren Buffett is not concerned by the sharp drop in Bank of America Corp shares in the last couple of days, despite his $5 billion investment in the company last month, he told Reuters on Tuesday.
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Starbucks profit-sharing to boost U.S. non-profits

Starbucks Corp (SBUX.O) will share profits from two of its U.S. coffee shops with non-profit groups in New York City and Los Angeles to help offset expected government funding cuts to programs for children and education.
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Buffett sees record profits at Berkshire units

Some of Berkshire Hathaway Inc's largest units will post record profits this year, but the conglomerate's housing-related businesses are doing as poorly as they ever have, Chief Executive Warren Buffett said on Tuesday.
Customers use ATM machines inside of a Bank of America branch.

Bank of America Debit Card Fee Inspires Anti-bank Rhetoric

When Bank of America announced last week that it would begin charging a $5 monthly fee to customers using their debit cards at retail locations, it understandably caused a fair amount of complaining from consumers, a fact that was noted across the board by various media sources Friday. But it also inspired a wave of anger against banks in general.

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