Warren buffett

Shares of Bear Stearns Cos Inc fell 3 percent on Thursday afternoon after a CNBC report downplayed any talks between the investment bank and potential outside investors.

World stocks powered ahead on Thursday and the dollar hit another low against the euro as investors banked on more U.S. interest rate cuts and at least temporarily set aside gnawing fears about global credit.

Stocks climbed and a downtrodden dollar recovered on Wednesday as optimism over a tentative deal to end a strike at General Motors offset data showing a retreat in business spending.

Foreign companies that have poured billions of dollars into Chinese stocks are not looking to bail out, despite a decision by two major U.S. firms to cash in and realize huge profits from their investments.

U.S. investor Warren Buffett's Berkshire Hathaway Inc continued to shed its stake in top Chinese oil producer PetroChina Inc, selling about 92.66 million shares in late August for US$136 million, according to a regulatory filing in Hong Kong.

The S&P 500 and Nasdaq rose on Tuesday as a signal that the Federal Reserve might cut its benchmark interest rate soon muted persistent concerns about withering credit markets.

Billionaire investor Warren Buffett may buy parts of beleaguered mortgage lender Countrywide Financial Corp, some investors are speculating, according to The Wall Street Journal.

Mexican telecom billionaire Carlos Slim has overtaken Microsoft founder Bill Gates as the world's wealthiest man with riches of $59 billion, Fortune magazine said on Monday.

Kraft Foods Inc. on Wednesday posted higher quarterly profit, helped by lower restructuring charges, a lower tax rate and higher sales, which offset rising costs for milk, wheat and other ingredients.

Warren Buffett's Berkshire Hathaway Inc. has bought a small stake in Kraft Foods Inc., according to The Wall Street Journal.

M&T Bank Corp., the first large U.S. bank to report quarterly results, on Thursday said easing mortgage pressure contributed to higher-than-expected profit.

Rupert Murdoch, who is pursuing a $5 billion bid for Dow Jones & Co., will be the center of attention when the world's biggest media chiefs gather this week at the 25th annual Allen & Co. conference in Sun Valley, Idaho.

Financial Times publisher Pearson Plc. is seeking partners to make a possible bid for Wall Street Journal owner Dow Jones & Co. Inc., the Journal reported on its Web site on Friday.

As top Comcast Corp. executives unloaded more than $15 million of stock in the largest U.S. cable operator over the past few weeks, an investor could be excused for a growing sense of unease.

A new era began on Monday for the UK's most successful investment fund, as trading resumed in Fidelity Special Situations after the fund was split in two.

Investors, tired of weak returns and rising volatility in U.S. stocks, are turning to cash and fixed-income investments, including safer municipal bonds and Treasury inflation-protected securities.

Africa needs better infrastructure in order to maintain the continent's social and economic balance, former UN ambassador Andrew Young said in an interview with the World Bank on Tuesday.

The month-long slide in global stocks has wiped out at least $2 trillion in wealth, leaving investors few alternatives to preserve their holdings aside from bonds and money markets.

Billionaire investors Warren Buffett and Carl Icahn may differ in investment strategies but they both own sizable stakes in Tyco International Ltd., an analysis of recent investment documents shows.