Rajat Gupta, former McKinsey’s chief and currently special adviser to the secretary-general of the United Nations on management reforms, has been accused by the Securities and Exchange Commission (SEC) of having role in a major hedge fund insider-trading case.
“When inflation gets started, you don't particularly notice it,” said billionaire investor Warren Buffett on CNBC. “It's like a guy jumping out of a 50-story building. The first 45 stories he doesn't really notice a lot of changes in his circumstances. But eventually, [he hits] the ground.
Bombardier Inc said on Wednesday it will sell as many as 120 aircraft to Warren Buffett's NetJets Inc, a deal that could be worth more than $6.7 billion and which sent its shares soaring 8.3 percent.
Billionaire Warren Buffett said the U.S. economy is coming back and does not need more stimulus, despite an uneven recovery that mirrors the fortunes of businesses at his company, Berkshire Hathaway Inc.
The Oracle of Omaha chats live with CNBC
Stock index futures were slightly higher on Wednesday, stabilizing a day after a surge in oil prices led to a heavy sell-off.
Stock index futures were slightly higher on Wednesday, stabilizing a day after a surge in oil prices led to a heavy sell-off.
Former Goldman Sachs Group Inc director Rajat Gupta leaked secret details to Galleon Group hedge fund manager Raj Rajaratnam about Warren Buffett's plan to invest $5 billion in the Wall Street bank at the height of the financial crisis, a U.S. securities regulator charged.
U.S. stock index futures pointed to a positive open on Tuesday but gains could be capped by a jump in oil prices as investors awaited testimony from U.S. Federal Reserve Chairman Ben Bernanke.
U.S. stock index futures were up but eased from earlier highs on Tuesday after crude oil jumped and investors awaited testimony from Federal Reserve Chairman Ben Bernanke.
U.S. stock index futures were higher on Tuesday as investors awaited testimony from U.S. Federal Reserve Chairman Ben Bernanke, who is not expected to cut short the Fed's bond buying program.
U.S. stocks got a boost from some bullish comments by uber-investor Warren Buffett over the weekend and a number of M&A deals. The stock market rose in February, marking the third consecutive month of equity price gains.
U.S. consumer spending barely edged up in January as households took advantage of tax cuts to rebuild their savings, suggesting spending would offer only a modest lift to the recovery in the first quarter.
Bullish comments from Warren Buffett helped U.S. stocks end another good month on a high note on Monday, but uncertainty about oil prices could keep investors from pushing the market much higher.
Bullish comments from Warren Buffett helped U.S. stocks end another good month on a high note on Monday, but uncertainty about oil prices could keep investors from pushing the market much higher.
U.S. consumer spending barely edged up in January as households took advantage of tax cuts to rebuild their savings, suggesting spending would offer only a modest lift to the recovery in the first quarter.
Stocks were poised for their third straight month of gains on Monday as encouraging economic data and optimistic comments from billionaire investor Warren Buffett boosted investors' appetite.
Stock index futures were mostly flat on Monday on continued concerns the unrest in Libya could spread through the region, though stable oil prices prevented further losses.
Stocks rose on Monday after bullish comments from a Federal Reserve official eased concerns that high oil prices could hurt economic activity.
Stock index futures pointed to a higher open on Monday after bullish comments from a Federal Reserve official eased concerns that high oil prices could hurt economic activity.
Stock index futures were higher on Monday after bullish comments from a Federal Reserve official about the economy, easing concerns that high oil prices could hurt economic activity.
Warren Buffett is going long on America, and investors are likely to take note when markets open on Monday.