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Tesco potentially faces a huge lawsuit over 'permanent destruction of value...
Tesco faces a massive shareholder lawsuit over misstating its profits last year by £250 million ($374 million).US law firm Scott+Scott is claiming that the Tesco accounting scandal caused a "permanent...
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WARREN BUFFETT: 'This is my kind of transaction'
"This is my kind of transaction."That's what Warren Buffett, the CEO of Berkshire Hathaway, said after he and the private-equity firm 3G Capital announced they would be merging their H.J. Heinz...
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4 words from Warren Buffett's annual letter told you the Kraft deal was...
"Our lines are out."In his latest annual letter to shareholders, Berkshire Hathaway CEO Warren Buffett wrote these four words when addressing potential acquisition plans for the company. And on...
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One huge winner in the Heinz-Kraft merger is a Boston hedge fund run by...
A Boston-based hedge fund called Adage Capital is a big winner in the Heinz-Kraft mega merger, making $50 million overnight. On Wednesday morning, Warren Buffett's Berkshire Hathaway and the Brazilian...
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Warren Buffett is in the new trailer for the 'Entourage' movie
Warner Brothers just released a new trailer for the cinematic adaptation of the hit HBO series "Entourage." In what looks like an extremely fun, extended episode of the show, Ari Gold (Jeremy Piven)...
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Here's why 3G Capital is the exception to Warren Buffett's harsh critique of...
Warren Buffett just made a huge deal with his favorite private equity firm 3G Capital. And anyone who read Buffett's latest annual letter to investors, this news might be a bit surprising.In that...
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Here are the problems Warren Buffett just inherited from Kraft Foods (KRFT,...
Warren Buffett and private-equity firm 3G Capital announced the merger between their H.J. Heinz business and Kraft Foods on Wednesday.In a note ahead of the official announcement, but following reports...
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NUTRITIONISTS: Warren Buffett's devil-may-care attitude toward junk food is...
NEW YORK (Reuters) - Following Warren Buffett's investment advice may be smart but nutritionists say that eating too many of the "junk-food" products made by companies he has invested in isn't quite as...
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You'll be surprised by where the most powerful Fortune 500 CEOs went to college
Ivy League universities are typically seen as a fast-track to the top, but many business executives followed a different path.Here are the alma maters of the CEOs of the top 10 Fortune 500 companies....
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Deutsche Bank asks what you'd think of the Heinz-Kraft merger if Gordon...
Deutsche Bank just sort of kind of compared Warren Buffett to Gordon Gekko. Gekko, played by Michael Douglas in the 1987 film "Wall Street," infamously told shareholders of the fictional Teldar Paper...
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Wall Street is feeling left out after the Heinz-Kraft deal
As we know, Heinz and Kraft are merging.Warren Buffett's Berkshire Hathaway and Brazilian private equity firm 3G Capital are behind the merger, which is likely to be one of the biggest M&A deals of...
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Warren Buffett's latest big deal raises 2 uncomfortable questions
Berkshire Hathaway's latest big deal is quite a mouthfulWarren Buffett says he likes to buy companies that are easy to understand and are performing well.His latest deal, the $50 billion acquisition of...
View Article7 timeless lessons from Bill Gates' favorite business book
.Join the conversation about this story »NOW WATCH: You should never wash your jeans — here's how to clean them
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Warren Buffett just bought two small Virginia newspapers
OMAHA, Neb. (AP) — Warren Buffett's company has added two small Virginia newspapers to its collection of more than two dozen small and medium-sized newspapers.Berkshire Hathaway Media said Tuesday that...
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BUFFETT: Greece leaving the eurozone might not be such a bad thing (USD, EUR)
Warren Buffett isn't sure that Greece leaving the eurozone would be such a bad thing. "I've thought the euro has structural problems from the moment it was put in, which does not necessarily mean it...
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BUFFETT: If I were in charge of monetary policy, 'I probably wouldn't do much'
"I probably wouldn't do much," said Warren Buffett.That's what the oracle of Omaha said when he was asked about how he'd handle US monetary policy. The question came fro CNBC's Becky Quick at the JD...
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Warren Buffett's stock selection strategy doesn't work for oil stocks
Recently, Warren Buffett has made headlines by selling all of his shares in Exxon Mobil (NYSE: XOM), the rest of his position in ConocoPhillips (NYSE:COP), and reducing his stake in National Oilwell...
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Warren Buffett didn't realize his Hillary Clinton contribution went to a...
Billionaire Warren Buffett, a staunch critic of the power of super PACS in US politics, just admitted he didn't realize his $25,000 contribution to Ready for Hillary was helping fund a super PAC. "I...
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Warren Buffett's mobile home empire preys on the poor
Denise Pitts walked into the pawn shop not far from where she bought her mobile home in Knoxville, Tennessee, and offered up her wedding rings for $100. Her marriage wasn’t over, but her husband was...
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Warren Buffett's mobile home empire preys on the poor
Denise Pitts walked into the pawn shop not far from where she bought her mobile home in Knoxville, Tennessee, and offered up her wedding rings for $100. Her marriage wasn’t over, but her husband was...
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