Top Results For: Warren Buffett

One of the biggest food companies in the world, Kraft-Heinz has announced it plans to split up after struggling sales were tied to changes in consumer preferences.

Duracell is suing Energizer, accusing its rival of crossing the positive line and misleading consumers in a nationwide TV and online ad campaign.

Thousands of investors in the Omaha arena gave Buffett a prolonged standing ovation after his announcement in recognition of his 60 years leading the company.

Bill Gates' pledge is among the largest ever made, surpassing those of John D. Rockefeller and Andrew Carnegie, when adjusted for inflation.

After hundreds of Canadians fell ill at a Mexican resort, experts warn that contaminated food and water can lead to serious illnesses.

The announcement from Buffett comes weeks after Bill and Melinda Gates revealed that they were divorcing after 27 years of marriage.

<p> Berkshire says it will pay $545 million for remaining Wesco shares; deal vote set for Friday <p>OMAHA, Neb. - The final price Warren Buffett's Berkshire Hathaway will pay for the 19.9 per cent of Wesco Financial it doesn't already own has been set at $545.4 million.</p> <p>The price announc</p>

OMAHA, Neb. - Billionaire investor Warren Buffett said Thursday Congress is playing a dangerous game by considering not raising the U.S. debt ceiling.

NEW YORK, N.Y. - The New York Times Co. will repay a $250 million, high-interest loan from Mexican telecommunications billionaire Carlos Slim earlier than expected, allowing the company to reduce interest payments.

<p> Warren Buffett says the US unemployment rate will fall once housing construction rebounds OMAHA, Neb. - Billionaire investor Warren Buffett said Friday the nation's employment picture will improve significantly once residential housing construction rebounds. Buffett spoke to Bloomberg Television Friday mo</p>

More than 30 U.S. billionaires pledged on Wednesday to give away at least 50 per cent of their wealth to charity as part of a campaign by investor Warren Buffett and Microsoft founder Bill Gates.

NEW YORK, N.Y. - Warren Buffett's company has dropped its stake in Intel and added new investments in National Oilwell Varco and Phillips 66.

FRANKFURT - Reinsurer Munich Re saw its second-quarter profit improve 10 per cent from a year ago thanks to better investment returns and fewer expenses for natural disasters.

NEW YORK, N.Y. - Goldman Sachs chief executive Lloyd Blankfein testified that he routinely shared confidential profit-and-loss figures with the banking giant's board members — valuable information that prosecutors allege one board member used in an insider trading scheme.

The cost to dine with investor Warren Buffett has apparently spiked in value, with one deep-pocketed bidder forking over nearly $3.5 million during a charity auction Friday night.

HONG KONG - Chinese auto and battery maker BYD Co. says first-half profit plunged 94 per cent as it faced tougher competition in the world's biggest auto market.

MONTREAL - Quebecor Inc. is cutting about 500 jobs at its Sun Media newspaper division in a move that includes closing two production facilities in Ontario as it copes with lower advertising revenue.

Quebecor Inc. is cutting about 500 jobs at its Sun Media newspaper division in a move that includes closing two production facilities in Ontario as it copes with lower advertising revenue.

GUANGZHOU, China - Global automakers and their Chinese rivals put on sleek displays of new cars at a major auto show Thursday in Guangzhou, the southern Chinese stronghold of Japanese brands that have been hard hit by tensions between Tokyo and Beijing.

MONTREAL - Bombardier has made the biggest sale of business aircraft in its history with a deal to provide up to 142 Global aircraft to a private European luxury charter company in a transaction potentially worth up to US$7.8 billion.