WARREN BUFFETT

A bidder has offered to pay $456,789 for a steak lunch with billionaire investor Warren Buffett, in a charity auction expected to be completed Friday night on eBay Inc's website.

A bidder has offered to pay $456,789 for a steak lunch with billionaire investor Warren Buffett, in a charity auction expected to be completed Friday night on eBay Inc's website.

Warren Buffett said on Wednesday that the U.S. economy has no bounce and will take time to recover, but there is no risk of deflation to push it further into despair.

Citigroup Inc is raising salaries companywide to offset restrictions on bonuses after the troubled bank accepted $45 billion of federal bailout money, but the move could backfire if it drives top-performing workers to other employers.

Warren Buffett is again raising money for charity by auctioning a chance to dine with him, though it remains to be seen if the global recession keeps the winning bid below last year's record $2.11 million.

Berkshire Hathaway Inc's General Re Corp and other companies have won dismissal of lawsuit accusing them of helping American International Group Inc defraud investors.

Now that Goldman Sachs Group Inc has settled its $10 billion debt with the U.S. taxpayer, investors are wondering about the Wall Street firm's other looming presence -- Warren Buffett.

Option traders will soon be able to speculate or hedge their risk in the shares of Berkshire Hathaway Inc , the insurance and investment conglomerate run by billionaire Warren Buffett.

Medical bills are behind more than 60 percent of U.S. personal bankruptcies, U.S. researchers reported on Thursday in a report they said demonstrates that healthcare reform is on the wrong track.

Berkshire Hathaway Inc, the investment firm led by billionaire investor Warren Buffett divested its remaining stake in utility firm Constellation Energy Group Inc. after refusing to enter a bidding war for the firm.

U.S. government efforts to revive a sluggish economy have cheered markets since March, but some of the most successful investors around worry these moves may only make the bad times linger.

David Sokol, chairman of Berkshire Hathaway Inc's (BRKa.N) MidAmerican Energy Holdings and a contender to succeed Warren Buffett, warned that the U.S. housing market still has a ways to go before bottoming out.

Shares of Moody's Corp fell sharply on Thursday after hedge fund manager David Einhorn, who correctly questioned the health of Lehman Brothers four months before its collapse, disclosed he was shorting the venerable ratings agency.

Technology can pull the United States out of recession and help the world's ailing financial markets work better, Microsoft Corp Chairman Bill Gates told a high-level business summit at the company he co-founded.

General Electric Co has already raised all the money it planned to seek on debt markets for 2009 and may reach its 2010 goal before the year is out, Chief Executive Jeff Immelt said on Tuesday.

Warren Buffett's Berkshire Hathaway Inc said on Friday it had modestly raised its stakes in Wells Fargo and US Bancorp , two banks whose market values have fallen dramatically.

Deletes reference in paragraph 12 to having sold out of positions in Ingersoll Rand and Iron Mountain

The Obama administration moved on Wednesday to exert more control over the shadowy over-the-counter derivatives market, now closely linked to the global credit crisis.

The Obama administration moved on Wednesday to exert more control over the shadowy over-the-counter derivatives market, now closely linked to the global credit crisis.

Warren Buffett's Berkshire Hathaway Inc posted its first quarterly loss since 2001, hurt by losses on derivative contracts, a big investment in the oil company ConocoPhillips, and the weakening economy.

U.S. shares are set to rise on Friday, after stress tests for U.S. banks sparked optimism about the sector's future, and ahead of April's non-farm payroll data.